Chromia (CHR) Price Prediction 2024, 2025, 2026-2030: Will The Bull Run Push CHR Price To $5?

*The statistics are from press time.

With a bearish expanding channel in the daily chart, the CHR price trend shows a bull cycle, taking a step back from the resistance trendline.

Breaking under the 50D EMA, the CHR price hangs at the $0.20 mark. In case of a broader market recovery leading to a breakout run, the altcoin can reach the $0.45 mark. On the flip side, the $0.145 support remains a strong level of demand.

If evolution in the metaverse space captivates the traction of a massive user base. And if it brings significant development in contemplation of Metaverse gaming. It has the potential to reach a maximum of $0.7441 by the year’s end.  With average buy and sell pressures, the CHR price would trade at $0.5579 by the year’s end. On the flip side, the price could plummet to $0.3805. 

As the Metaspace continues to evolve, the network will certainly plan for its expansion. Where the currency may face regulatory compliance across different countries, this may result in a pullback to $0.6536. If the altcoin manages to pass all the incoming hurdles significantly, the price could surge up to $1.2244. Consequently, a balance in trade activities could result in an average price of $0.9374. 

The potential price for the asset ranges from $0.7843 to $1.5917, with an average price of $1.1718

The projected prices vary between $0.9150 and $1.9590, with an average of $1.4061

Estimates suggest prices to fluctuate between $1.0458 and $2.3264, with an average of $1.6405

Anticipated prices range from $1.1765 to $2.6937, with an average price of $1.8748

Projections indicate prices ranging from $1.3072 to $3.0610, with an average of $2.1092

Click here to read our price prediction of Waves (WAVES)!

Chromia is an open-source public blockchain platform. Which unveils the potential to build decentralized finance applications in the physical world for a future-ready technology. The platform has its own native token called CHR. Which was built to support the Chromia blockchain and instigate a favourable relationship between developers, investors, and traders.

The protocol could be used by dApps as payment of hosting fees. Further, the platform’s primary currency would be also used for staking purposes. The Chromia is built on a relational blockchain which comprises of relational database and blockchain. The relational database supports users’ social networks and the web. In addition, these databases are spread everywhere across the majority of the enterprises.

• Blockchain Network

"Chromia is an innovative blockchain platform that integrates relational databases with blockchain technology to enhance the development of decentralized applications (dApps). Here are the key features of Chromia: Key Features Relational Blockchain: Chromia utilizes a relational database structure, allowing for complex data management and enabling developers to perform multiple read-and-write operations in a single transaction.Customizable dApp Chains: Each dApp operates on its dedicated chain, ensuring high responsiveness and customization tailored to specific application needs.Gas-Free Transactions: Developers can design their fee models, allowing end users to experience gas-free transactions, and making it more accessible. Developer-Friendly Environment: Chromia provides tools and resources, including the Rell programming language, which is designed to be typesafe, secure, and significantly more compact than other blockchain languages. Focus on Real-World Applications: The platform aims to support a variety of applications, including games, data management, and decentralized finance, promoting a more robust and interactive user experience."

chromia chromia Blockchain Network was launched by Henrik Hjelte, Or Perelman, and alex mizrahi alex mizrahi Alex Mizrahi is a professional leader, an excellent software developer, and a blockchain influencer. He is the founder and CTO of ChromoWay, the first company to build a protocol with a focus on creating an upgraded world for youths and the community via integrating the proficiency of Blockchain technology and social entrepreneurs. He founded Chromoway in 2014, which is based in Stockholm, Sweden. He has a vigorous background in algorithms, mathematics, computer science, and programming languages.  He engaged in cryptocurrency projects, including coloured coins that are deployed for Bitcoin, distributed contract applications, and smart property.   He innovated a modern way of blockchain framework that includes both capability and easy-to-follow attributes concerning the traditional database, possessing the ability to tackle the decentralised safety of the blockchain ecosystem. Previously, he was the Founder of coloredcoins.org, a lead creator of WebcoinX projects and ArmonyX, as well as the Founder of we-tag.info. Additionally, he held the post of Software Developer at LapBack, where he developed desktop backup software using C++ and designed enhanced architecture for Symbian and worked at multiple companies performing multiple jobs, such as 3D graphics, 3D game engine, web-based learning management system, p2p file sharing protocol, and Indirect3D.   Alex Mizrahi graduated from Donetsk National University and earned a master’s degree in Science and Applied Mathematics, along with honours for representing the University in numerous national-level contests in programming. Moreover, they participated in the development of web-based applications. He has a deep knowledge of industrial as well as technological knowledge, including requirements analysis, Python, software project management, cryptography, open source software, Common Lisp, JavaScript, and many others. He is involved in well-established groups such as the International Blockchain Real Estate Association, Bitcoin, and influencers including Andrew Flip Filipowski, the Co-Founder and Co-CEO of Fluree, PBC.  EntrepreneurCrypto and Blockchain Expert back in 2012. Henrik Hjelte is the CEO of the company.  Alex Mizrahi, the present CTO of the network introduced revolutionary upgrades in contemplation of user-defined assets on a blockchain. In addition, Or Perelman works as COO of the company. 

All three co-founders have been dedicatedly working on enabling support for enterprises, governments, and institutional investors. And hold creative working for the team spread all over the world. The platform has deployed a consensus system built on PBFT. Besides, the launch of Rell 0.7 continues to evolve with each passing day.

The platform’s Post chain 3 release featured an advanced transaction scheme (GTX) along with a value serialization model (GTV). In addition, the team is dedicatedly working on post chain synchronization system overhaul, Block hooks. And Ethereum Layer-2 base subsystem to release in the short term.  

As a whole Chromia ecosystem has been a layer-1 and layer-2 blockchain solution provider. Under rapid maturation, with a core goal of delivering well-built features, data handling, and storage capabilities to DeFi applications.

Chromia is one of the young and promising metaverse tokens. According to Coinpedia’s formulated Chromia price prediction, it may smash $0.38 by the end of 2024. On the downside, market fluctuations and uncertain global conditions, even failure of upgrades can be a possible setback for the altcoin. And thereby the Chromia price may struggle to consolidate around $0.7441 by the year-end. 

To read our price prediction of Origin Protocol (OGN) click here! 

Yes, if you are planning for the long term Chromia looks promising in the metaverse space. As the platform might come up with new collaborations.

Chromia can be traded on various exchanges like Binance, Bybit, OKEx, Huobi, and many more.

Chromia has the potential to be a profitable short-term investment. As the Metaverse space has been taking up another step to revolutionize the gaming sector.

The altcoin might surge to a maximum of $0.7741 by the end of 2024.