Oasis Network was launched in October 2020 and has become the leading privacy-enabled and scalable layer-1 blockchain network for open finance and a responsible data economy. It provides the next-generation foundation for Web3 by combining high throughput, low gas fees, and a secure architecture. Oasis Network will power several Web3 services, including DeFi, GameFi, NFTs, Metaverse, Data Tokenization, and Data DAOs. The network is backward compatible with the Ethereum blockchain, allowing developers to bring decentralized applications (DApps) across to the Oasis blockchain.
The native utility token of the Oasis Network is ROSE, which is primarily used to pay transaction fees and for staking. In Q4 2023, the ROSE price started to increase after a year of stagnation. Will this trend continue this year? And in the next few years? Let us discuss it in the following Oasis Network price prediction.
Oasis Network (ROSE) Overview
As of January 11, 2024, the ROSE token was the 80th most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The table below summarizes other relevant data for the same date.
Oasis Network (ROSE) Price History
The ROSE token hit the market on November 18, 2020, at nearly $0.07. The token traded below its open price for almost three months. However, a bullish trend ensued in the first week of February 2021, taking the ROSE price to $0.2 on March 17 of that year. This asset’s price fluctuated around $0.2 for the next two months before dropping again. On June 26, the ROSE price was about $0.05. A new bullish trend began approximately one month later, taking the ROSE price to $0.3 on September 7. The uptrend continued in the following months, and this token reached $0.4 on November 21. It eventually ended in 2021 at that price level.
The ROSE token began 2022 with a bullish trend. On January 14 of that year, ROSE traded at a maximum of $0.6, its current all-time high. A price correction followed almost immediately, taking the ROSE price down to $0.3 on January 26. On March 13, the price dropped to $0.2. Although the ROSE price resurged to $0.3 on April 3, it plummeted in the following days. On April 13, ROSE traded at about $0.07. This token’s price fluctuated around that value for the rest of 2022, ending that year at little more than $0.03.
The first three quarters of 2023 were uneventful for the ROSE token. But the ROSE price has been steadily increasing since the first days of November 2023. This token ended 2023 at around $0.13. As of January 12, 2024, the ROSE price has maintained that price.
Oasis Network (ROSE) Price Prediction for 2024-2031
Oasis Network (ROSE) Price Prediction for 2024
The short-term perspectives for the ROSE token need to be more consistent. AMBCrypto expects this token to trade at an average of $0.11, with a maximum of $0.13 in 2024. It means AMBCrypto does not predict further growth in the ROSE price this year. In contrast, PricePrediction expects the average ROSE price to be $0.17, reaching a maximum of $0.2. DigitalCoinPrice is significantly more optimistic, with an average price of $0.25 and a maximum of $0.26 this year. So, if you invest in ROSE at the current trading price of $0.13, your investment could grow by +100% in 2024.
Oasis Network (ROSE) Price Prediction for 2025
AMBCrypto predicts meager growth for 2025. Accordingly, the ROSE average price will be $0.12, with a potential maximum of $0.15. PricePrediction expects more significant growth, with an average price of $0.25 and a maximum of $0.29. DigitalCoinPrice is slightly more optimistic, forecasting an average price of $0.30 and a maximum of $0.31. Hence, your ROSE investment at the current $0.13 per token could increase its worth by +138% in 2025.
Oasis Network (ROSE) Price Prediction for 2026
In 2026, the ROSE token will trade at $0.14 on average, possibly reaching $0.17, according to AMBCrypto. In contrast, DigitalCoinPrice expects an average price of $0.38 and a maximum of $0.39. PricePrediction is more optimistic and forecasts an average price of $0.37 and a maximum of $0.43. If correct, your ROSE investment at the current $0.13 per token price could grow by +230% in 2026.
Oasis Network (ROSE) Price Prediction for 2031
The ROSE price may significantly increase in the long run, reaching new highs. According to AMBCrypto, this token will trade at $0.31 in 2031, potentially going as high as $0.37. DigitalCoinPrice is much more optimistic, with an average price of $1.1 and a maximum of $1.2. PricePrediction has a better scenario for 2031, where ROSE trades at $2.4 on average and reaches a maximum of $2.8. In such a case, your ROSE investment at the current $0.13 could increase its worth by +2,053% by 2031.
Conclusion
The ROSE token might be a profitable investment, particularly in the long run. Oasis Network has a promising future in the crypto world, which can explain the good perspectives for its utility token. However, as with all cryptocurrencies, you must do your own research before investing in this crypto asset.
FAQs
Is Oasis Network (ROSE) a Good Investment?
It might be, particularly a long-term investment.
How High Can Oasis Network (ROSE) Go?
According to PricePrediction, the ROSE token could trade at a maximum of $4.2 in 2032 and $6.3 in 2033. In the distant future, the ROSE price could reach a maximum of $117.9 in 2040 and $150 in 2050.
Where Can I Buy the ROSE Token?
Several exchanges list ROSE for trading. However, you can buy this token at competitive rates without hassle on LetsExchange.io.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.