Oasis Network (ROSE) Price Prediction 2023, 2025 and 2030

NikitaN
StormGain_crypto
Published in
10 min readJul 18, 2023

The Oasis Network is a privacy-focused blockchain with a secure, customisable framework. It uses innovative consensus layers for efficiency and security, allowing users to build their own applications. It has gained popularity as one of the top privacy protocols, attracting many investors. Considering the growing interest in using this blockchain network, let’s see what cryptocurrency analysts think about the Oasis Network (ROSE) price predictions.

What is Oasis Network (ROSE)?

The Oasis Protocol utilises the ROSE cryptocurrency to power its scalable, privacy-preserving, Layer-1 blockchain. It enables fast transactions and private smart contracts. Network security is provided by staking ROSE tokens for validation and transaction fees. Stakers and delegators are rewarded with 2.3 billion ROSE tokens. Secret ParaTimes create private smart contracts, utilising a Trusted Execution Environment (TEE) for secure execution. User data remains encrypted throughout the process, which preserves privacy. Additionally, ROSE tokens can be traded on various cryptocurrency exchanges, offering opportunities for swing and arbitrage traders.

Oasis Network Overview

At its core, the Oasis Network is a decentralised Layer-1 blockchain network distinguished by its exceptional scalability, privacy-centric approach and versatility. This network comprises two fundamental architectural components: the consensus and ParaTime layers.

  • The consensus layer is a secure and highly scalable proof-of-stake consensus mechanism operated by a decentralised group of validator nodes. This setup ensures efficient processing of a significant volume of transactions.
  • On the other hand, the ParaTime layer hosts multiple parallel runtimes known as ParaTimes. These runtimes individually represent replicated computational environments that share a unified state. This parallel structure enhances the network’s overall performance and functionality.

How Does Oasis Network (ROSE) Work?

With its end-to-end data confidentiality, the Oasis Network empowers the creation of private smart contracts, safeguarding user data during processing. Its remarkable scalability sets it apart from competing networks and addresses challenges like lengthy transaction times and high costs.

The protocol’s core focuses encompass scalability, securing private data, managing tokenised data, and developing private decentralised apps (DApps). At the heart of the Oasis Network lies the digital asset ROSE, which plays a pivotal role.

The protocol has notably gained significant attention due to its potential to support data privacy and unlock new use cases in private DeFi, thus expanding the reach of DeFi and its products to a wider audience.

Oasis Network employs a PoS consensus process that uses random validator nodes, which stake the native token, ROSE, to earn rewards and validate new blocks. Oasis Network achieves optimal scalability by segregating its consensus and computational functions into the consensus and ParaTime layers.

ROSE’s History

The Oasis Network’s primary developer is Oasis Labs, a company founded in 2018 by Professor Dawn Song from the University of California at Berkeley. Oasis Network focuses on developing DeFi applications and cross-chain interoperability, positioning itself as the pioneering blockchain network for open finance and a responsible data economy.

In October 2020, the network launched to offer backward compatibility with the Ethereum blockchain, which allows developers to migrate decentralised applications (dApps) to the Oasis blockchain, including notable examples like the decentralised exchange (DEX) Uniswap.

To fund its endeavours, Oasis Labs conducted an ICO that concluded on 18 November 2020, through which it raised $45 million in funding.

Although relatively new compared to projects like Monero and Zcash, the Oasis Network has quickly emerged as a leading project that tackles long-standing challenges within the blockchain industry. Its commitment to decentralisation and security lies at the core of the network’s vision.

Oasis Network (ROSE) ‘s White Paper

According to the white paper, the Oasis Foundation aims to create a responsible data society using advanced distributed ledger technologies that combine tokenised data, which can be easily shared with the public in secure computing environments. The result is the ability to generate a new form of crypto data.

With its unique privacy features, the Oasis Network can unlock various use cases such as undercollateralised loans, private dark pools, private automatic market makers, private stablecoins, private oracles, private payments, and more. These privacy features redefine DeFi and introduce a new type of digital asset called Tokenised Data that lets users take control of the data they generate and earn rewards by staking it with applications to create the world’s first responsible data economy.

Oasis Network (ROSE) ‘s Benefits

The Oasis Network is a blockchain platform designed for the next generation. It’s the first privacy-enabled blockchain that can be scaled for open finance, a responsible data economy, and Web 3. With its secure architecture and high throughput, the Oasis Network will revolutionise Open Finance by powering private and scalable DeFi. This will expand DeFi beyond traders and early adopters to reach the mass market.

The main reasons for choosing the Oasis Network are its:

  • Privacy-enabled blockchain. The Oasis Network is a leading scalable and privacy-enabled blockchain. It allows users to share their data while keeping it confidential, enabling new use cases like digital identity and private metaverse applications for blockchain.
  • Scalable, private DeFi. A lack of privacy, security, and high fees limits the current DeFi market. The Oasis Network, as a Layer-1 blockchain, can expand DeFi to the mass market by addressing these limitations.
  • Data tokenisation. The Oasis Network can tokenise data to unlock game-changing use cases and power the next generation of privacy-first applications.
  • Rapidly growing community. The Oasis Network has a thriving community of node operators, developers, enterprise partners, ambassadors, and engaged community members.
  • Top-tier team. The Oasis Network’s team consists of top talent from around the world, with backgrounds from leading companies and prestigious educational institutions. The team is committed to growing and expanding the impact of the Oasis Network.

Oasis Network (ROSE) Price Analysis

At the time of writing this Oasis Network (ROSE) price prediction on 13 July 2023, the crypto’s price was $0.049458, with a daily trading volume of $9,427,489. The token ranked #110 on CoinMarketCap, with a live market cap of $283,184,256, a circulating supply of 5,725,718,533 ROSE, and a maximum supply of 10,000,000,000 ROSE.

Oasis Network (ROSE) price statistics (as of 13/07/23)

Oasis Network coin price history

At the time of writing this Oasis Network (ROSE) price prediction on 13 July 2023, the crypto had experienced a significant increase in its trading volume and market cap, resulting in a 1.4% price increase in the previous 24 hours. However, compared to other cryptocurrencies, the ROSE coin struggled, seeing a 2.13% decline over the previous seven days. Although the coin has shown some risky fluctuations recently, it may not be a profitable short-term investment despite its strong fundamentals.

Over the past month, the price of ROSE has dropped by 37.136%, reducing its value by an average of $0.029. This downward trend suggests the coin is currently in a dip, presenting a potential opportunity for a quick investment.

In the past 90 days, the price of ROSE has experienced a change of -12.01%, fluctuating between an average minimum price of $0.050 and an average maximum price of $0.057. This indicates that the coin has experienced some volatility during this period.

However, over the last 4 months, the Oasis Network has grown, suggesting that similar market parts were popular. Recent data reveals an increase in trading volume for the Oasis Network over this period, emphasising the importance of trading volume in influencing its price. During these 4 months, the ROSE coin has seen a 24.56% increase, with the maximum average price reaching around $0.036 and the minimum average price being around $0.035.

ROSE technical analysis

Based on the data from 13 July 2023, the Oasis Network price prediction sentiment is bearish. The technical indicators suggest that the 200-day SMA for Oasis Network will increase in the coming month and reach $0.055115 by 12 August 2023. The short-term 50-Day SMA for Oasis Network is expected to reach $0.048866 by the same date. The Relative Strength Index (RSI) momentum oscillator, a popular indicator for determining oversold or overbought conditions, currently shows a value of 49.54, indicating a neutral position in the ROSE market.

Price Oasis Network in 2023

There are indications that the cryptocurrency market is on the brink of a new era. The Oasis crypto price will likely experience a significant increase in the long run, as there is still a positive outlook regarding the currency’s ability to garner more attention. By the end of 2023, the average price of ROSE is predicted to reach $0.059, with a minimum value of $0.057. The highest price is anticipated to be approximately $0.065.

Is Oasis Network a good investment?

Experts and traders widely consider Oasis Network to be a long-term lucrative investment. The remarkable increase in its value further solidifies this belief, guaranteeing a profitable return on investment.

Oasis Network (ROSE) price prediction 2023–2050

Predictions can provide valuable insights into potential price movements, but they should be seen as possibilities rather than certainties. This is particularly true when considering long-term forecasts, as they can occasionally be inaccurate due to the volatile nature of the cryptocurrency market and various unpredictable factors that may influence future prices. Let’s look at the Oasis Network (ROSE) price predictions for 2023–2050.

WalletInvestor ROSE crypto price prediction for 2023, 2025, 2030, 2040 and 2050

According to WalletInvestor’s Oasis Network (ROSE) price prediction, ROSE is an awesome long-term (1-year) investment. The token’s price is expected to average $0.189 by the end of 2023. ROSE crypto price prediction for 2024 is $0.226. In 2027, the token’s price will grow slightly and reach the $0.322 value.

DigitalCoinPrice ROSE coin price prediction for 2023, 2025 and 2030

DigitalCoinPrice’s ROSE price prediction is optimistic, projecting a positive trend for the next few years. According to their analysis, the price of Oasis Network is expected to average $0.10 in 2023 and increase to $0.17 in 2025. Looking even further ahead, DigitalCoinPrice’s prediction for 2030 sees the price of Oasis Network reaching $0.51.

CoinCodex ROSE token price prediction for 2023, 2025 and 2030

As of 13 July 2023, CoinCodex reported a bearish sentiment for the ROSE token. Of 27 technical analysis indicators, 13 indicated bullish signals, while 14 indicated bearish ones. The Oasis Network price is expected to reach a yearly low of $0.042295 in 2024. Moreover, there’s a prediction that the price could soar as high as $0.111580 next year. For 2025, the projected price range for the Oasis Network is estimated to be between $0.094461 and $0.380242. As for 2030, the projected price range is expected to be between $0.272343 and $0.344712.

PricePrediction Oasis Network price prediction for 2023, 2025 and 2030

According to PricePrediction’s Oasis Network crypto price prediction, the price of Oasis Network is expected to reach a minimum value of $0.056 in 2023. In 2024, the price is projected to reach a minimum value of $0.084. The maximum price value for ROSE is estimated to be $0.10, with an average value of $0.087. The price of Oasis Network is predicted to reach a minimum level of $0.12 in 2025, and it can reach a maximum level of $0.15 with an average price of $0.13 throughout the year. By 2030, the price of Oasis Network is predicted to reach a minimum level of $0.92 based on the forecast and technical analysis.

ROSE future forecast in general

The future price of the Oasis Network doesn’t correlate with its current value. Instead, it’s influenced by various factors that arise during the market’s growth and development phase. These variables ultimately determine the future of ROSE.

How high can the ROSE coin go?

The future growth potential of the ROSE token is a topic of interest. Several platforms and analysts anticipate a continuous upward trajectory for the price of Oasis Network over the next five years, potentially surpassing the $0.26 threshold by the end of 2025. However, it’s important to note that the price of ROSE and other cryptocurrencies can be highly volatile, making it challenging to predict their future direction accurately.

Oasis Network price prediction today

Regarding Oasis Network price predictions for 2023, various opinions exist. CoinCodex anticipates an increase towards $0.042295 in 2024, while WalletInvestor concurs with approximately $0.137 by the end of 2023. Alternatively, experts from PricePrediction.net express a negative outlook on Oasis Network’s future price, citing figures below $0.033121 in December 2023.

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