Velas Price Prediction

Velas is positioned as the fastest EVM chain which can easily compete with Ethereum 2.0. The official website says that it is a fork of Solana with an implemented Ethereum virtual machine. Velas head office is in Switzerland, there is a brilliant team including devs, crypto specialists, analysts, mathematicians, and entrepreneurs.

The project founder is Alex Alexandrov, who is a successful crypto businessman and investor best known for starting CoinPayments — the payment cryptocurrency gateway, and advising Mind AI, the Korean artificial intellect startup. Alex and his team have started the mainnet of Velas in 2019.

VLX is a coin designed for making transactions, paying fees and supporting the consensus of PoS. Staking, in turn, delivers the block makers an opportunity to produce the consensus of transactions and get rewards for their activity. 

VLX Statistics

Velas Roadmap

As for today, Velas doesn’t have a full roadmap on the official website of any social network. However, they shared their plans for the closest future with their Blog readers. At this very moment, they have passed the MVC phase and are reassured the implementation went well. They have announced the information of Velas chain turning to open source dev mode now.

In this announcement, they said that their next step’s to show the community members processing about fifty thousand transactions per second which can resist any kinds of hacker attacks and which owns a great support for smart contracts written in Solidity.

Their goal is to continue implementing the low-level primitives for Velas Vault. According to them, it will bring cross-chain interaction to a new decentralized stage. Then, they are planning to upload a seamless migration of balances of the current Velas blockchain to the next generation blockchain. We will keep an eye on this project to see what’s new they’ll bring to their platform, as Velas seems to be an interesting chain to follow.

Crypto community about VLX

The trust of the crypto community is clearly visible. Social networks are full of Velas reviews, lovely comments and support from the members. There are good examples of tweets from users with a big followers base:

Many users strongly believe that very soon the VLX token is going to reach the moon:

What’s also interesting, we have found such a post saying it’s the 1st blockchain that has a logo placed on the cover of PlayStation game, which seems to be a huge step for the Velas promotion:

Telegram users are having a nice atmosphere in Velas official chat:

It’s really nice to see most of the crypto community is supporting Velas. It’s not that often that the projects gets so much belief and positive feedback from people:

VLX Price Prediction

1. If you check out Tradingbeasts.com, you will see the following price for 2022:

1. The Digitalcoinprice.com analysts say that the value of 1 VLX will be:

VLX Price Prediction 2024

As for July 07, 2022:

We have visited Tradingbeasts.com for a 2024 price forecast and it shows $0.08 in January and the slightest increase upto $0.09 in December. Digitalcoinprice.com does not agree with the source above and offers its own number of $0.07 for 2024.

VLX Price Prediction 2025

As for July 07, 2022:

The last available prediction for VLX on Tradingbeasts.com shows that the price will be $0.09 at the beginning of the year and $0.11 at the end of it. Digitalcoinprice.com provides users with the $0.08 prediction for 2025. However, the value of VLX will probably go up to $0.23 by 2031.

VLX Historical Price Analysis

As for July 07, 2022:

All-Time High (Nov 04, 2021): $0.572

The entire picture of the price graph looks good, VLX has faced a few dramatic ups and downs, but this did not affect the price too much if we look at it from a perspective. The all-time high was fixed on November 4, 2021 at a cost of $0.572. This result never repeated but the value of 1 VLX token was close to it a few times during two years. The all-time low was noticed on October 16, 2019. After that, the number started growing slowly.

Considering the huge market volatility we are observing right now, there are good chances that the price of VLX will go up soon. However, this won’t happen instantly, the project needs some more time to grow the community and trust.

VLX is a young coin with a poor representation on crypto exchanges. It shows low volatility and does not form trading patterns. Repeats the motion pattern of the Bitcoin graph.

All in all, the Velas project really does look promising. Due to various features, this platform could really touch the moon sometime. Let’s check out the core moments:

1. EVM supports smart contracts and decentralized apps which are built on the Ethereum stack.
2. Immediate and cheap transactions — a truly effective processing considering the price. 
3. Velas Account which is a solution with no password that simplifies the interaction with blockchain applications without any risks of violating the users’ privacy. 
4. Velas Wallet allows users to keep and stake crypto. 
5. Velas Vault — a place where users can keep their private keys. 

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.