FLUX Crypto Price Prediction 2024 2025 2030 - is Flux a Good Investment?

This article is an in-depth analysis of the Flux crypto project and its FLUX token. It includes the most crucial aspects, including price volatility, the project's developmental timeline, its rivals, a forecast of its future price, and so on.

Disclaimer: 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.

FLUX Overview

*This information is relevant as of March 13, 2024

What is Flux crypto?

In this section, we are going to answer the question of what is Flux crypto. We will look at its main characteristics and the main purposes of the protocol.

Flux is an innovative cloud-based decentralized computational network crafted to facilitate the creation and deployment of scalable, cross-platform blockchain applications. It is designed to offer advanced financial products and services within the realm of decentralized finance. 

The primary goal of Flux is to address some of the challenges faced by traditional blockchain networks, such as limited scalability, lack of privacy, and difficulties in cross-platform compatibility. 

As for the ecosystem’s native token, FLUX is a proof-of-work cryptocurrency with several applications which we will cover in the “Flux token functions” section. The token can be received by the user through GPU mining, trading, and as rewards for operating nodes.

Flux’s rivals

Before diving into the flux crypto price prediction, it is important to analyze the project’s rivals to know the state of the market in this particular niche. 

1. Zcash (ZEC). This is a privacy-focused cryptocurrency that also originated as a fork of Bitcoin, similar to Flux's initial relationship with ZCash. Both projects emphasize privacy features, with Zcash using zk-SNARKs to achieve transaction privacy.
2. Solana (SOL). This platform can be used for blockchain-based cloud computing. Solana is a high-performance blockchain platform designed to provide fast and scalable solutions for decentralized applications and other blockchain use cases. Its architecture and features make it suitable for various applications, including blockchain-based cloud computing.
3. Filecoin (FIL). Filecoin is a decentralized blockchain-based storage network that allows users to rent out unused storage space on their computers and earn Filecoin tokens in return. It facilitates a peer-to-peer marketplace for storing and retrieving data, providing a secure, reliable, and distributed storage solution for various applications and use cases.

With that said, the DeFi landscape is highly dynamic, and new projects and innovations may have emerged since my last update. Additionally, the popularity and competitiveness of projects can change over time based on market conditions and user adoption. For the most current information, it's essential to conduct updated research and analysis of the DeFi ecosystem.

The Foundation of Flux 

In 2018, Flux was introduced as a fork of ZCash (ZEC), which itself originated as a fork of Bitcoin (BTC). The project’s co-founders are Parker Honeyman (he had prior experience in various medical startups), Tadeáš Kmenta (who has a background in blockchain and physics), and Daniel Keller (who has worked for over 25 years in IT, healthcare, and nonprofits).

Initially known as ZelCash (ZEL) during its launch, the project underwent a rebranding in March 2021, adopting the name Flux, and the ZEL coin was also rebranded as FLUX. It is important to note that there have already been two other crypto projects which were using the FLUX ticker, so this might sometimes cause confusion.

At the beginning of 2020, FluxOS was released on all the ecosystem’s nodes, which then allowed the team to develop the system of the FluxNodes and then other parts of the infrastructure, including DApps, DAO, further. 

Throughout 2021 and 2022, the company scored several high-level partnerships with such companies as Firo, KDM, Nvidia, and others. As a result, in this time period, the number of functioning nodes grew from 1,100 to over 15,000.

How Does the Flux Network (FLUX) Work?

Within the Flux ecosystem, nodes play a crucial role by contributing their computing resources and receiving crypto rewards in return. These resources are harnessed by decentralized apps (DApps) within the network, facilitating a highly scalable platform for developers. Flux adopts the BaaS (Blockchain as a Service) concept, providing computing resources and blockchain infrastructure through a cloud-based model. This sets it apart from traditional cloud providers like Amazon Web Services and Google Cloud, as Flux operates natively on the blockchain, ensuring enhanced security and decentralization.

The block validation method employed by Flux is based on proof of work (PoW), which is connected to its Bitcoin and ZCash heritage. However, Flux innovates with a more eco-friendly approach by implementing proof of useful work (PoUW). This technique directs the energy expended during PoW to solve real-life problems, such as detecting deepfakes and supporting resource-intensive research, at the same time. Moreover, Flux's mining algorithm, ZelHash, is resistant to ASIC mining, which reduces energy consumption compared to Bitcoin's ASIC-dependent model.

A key component of the Flux ecosystem is FluxOS, a distributed, cloud-based virtual operating system. FluxOS facilitates cross-chain interoperability between DApps developed on Flux and platforms supported by other chains within the ecosystem. This interoperability empowers developers to create versatile and interconnected applications.

When it comes to DApps, there are several types that run on Flux, including various nodes, infrastructural DApps, games, etc.

Another important part of the Flux ecosystem is parallel assets. Each of the blockchains connected to the Flux ecosystem (including Ethereum, BNB, Tron, and others) has a corresponding native token serving as its parallel asset. Each parallel asset token adheres to the standard of its respective host chain (e.g., FLUX-ETH follows the ERC-20 standard, FLUX-BSC follows the BEP-20 standard, etc.).

The versatility of parallel asset tokens allows for seamless transfers between their host chains and Flux. 

Flux token functions

As we have mentioned above, the FLUX tokens have several use cases.

A utility asset 

FLUX serves a fundamental purpose within the Flux ecosystem beyond being a mere tradable cryptocurrency. The utility asset has various use cases and functionalities that contribute to the operation and functionality of the Flux platform. For example, FLUX provides transactions of information within the protocol. 

Governance

Holding FLUX coins gives users the right to participate in decision-making on the platform through Flux Decentralized Organization (XDAO). Both the project team and other community members may propose their ideas on how to enhance the project, and then the voting process determines whether they get accepted or not. The more coins a voter has, the more voting power they have.

Community rewards

Those users who operate the nodes, or mine within the ecosystem, get FLUX as an incentive. Currently, the block reward for miners is 37.5 FLUX. The block reward is supposed to go through a halving procedure every 2.5 years.

Flux Development Roadmap

Flux is set to unveil an ambitious roadmap for the first half of 2024, showcasing an array of cutting-edge developments aimed at enhancing user experience and expanding the platform's capabilities.

• Multisig Fluxnodes, SSP Wallet, SSP Wallet Release: Flux kicks off the year with a major milestone - the introduction of Multisig Fluxnodes, a critical feature designed to bolster the security and decentralization of the network. Simultaneously, the release of the SSP Wallet promises to provide users with a seamless and secure experience for managing their assets.

• FluxCore Beta: The unveiling of FluxCore Beta marks a significant step forward in the evolution of Flux's core technology, bringing forth enhanced features and improved performance. This release lays the groundwork for subsequent advancements in the ecosystem.

• FluxEdge Alpha: Introducing FluxEdge Alpha, an experimental release showcasing the innovative capabilities of Flux's technology. 

Where and how to buy Flux crypto?

If the FLUX coin price prediction and other research convinced you to purchase the cryptocurrency, using SimpleSwap is the right call. All you have to do is follow these steps:

1. Select the cryptocurrency you wish to exchange (for example, Bitcoin).
2. Enter the amount you want to swap.
3. Choose FLUX in the second drop-down list (as the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
4. Click the Exchange button.
5. Enter the Recipient's Address. MAV will be sent there. Please ensure you enter the right address.
6. Create the exchange.
7. You will see the BTC deposit address. You have to transfer the necessary sum of BTC to this address to start the exchange. After that, wait for tokens to reach your wallet.

After this process, you will receive FLUX tokens at the address you have specified. If you are interested in purchasing any other cryptocurrency listed on our exchange, simply follow the same instruction. 

Flux Price Chart

Here are the current FLUX statistics:

*This information is relevant on March 13, 2024 

Flux Price Technical Analysis

Flux (FLUX) has faced a persistent downtrend since its listing in December 2021, witnessing a decline of approximately 74% from its initial listing price. Throughout this downtrend, the price action has formed a triangle pattern, with the trend lines serving as dynamic support and resistance levels.

In November 2023, Flux experienced a breakout above the dynamic resistance level, signaling a potential bullish shift. However, the subsequent attempt to stay above the resistance at $0.6344, coinciding with the upper boundary of the value zone, was not sustained, leading to a retreat. Presently, Flux is oscillating within a range defined by the support at $0.4897 and the resistance at $0.684.

Notably, the asset is trading above both the 100 and 200-day moving averages, with the 200D MA aligning with the point of control level, suggesting a robust support level for FLUX. RSI indicator on the daily timeframe is positioned in the neutral zone, indicating a potential for both upward and downward price movements.

FLUX Technical Analysis. Source: TradingView

Flux Price Forecasts Comparison

By now, many different crypto services have shared their experts’ views on what FLUX crypto price prediction may look like. We gathered some of them here, so you can have a look at them right here. 

• Bitcoinwisdom.com:

“Flux, according to some, is one of the most amazing cryptocurrencies to rise this year (FLUX). The FLUX price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.603709.”

• Priceprediction.net

"In terms of price, Flux has an outstanding potential to reach new heights. It is forecast that FLUX will increase in value. According to specific experts and business analysts, Flux can hit the highest price of $18.45 till 2030."

• Crypto.ro

“Factors such as increased demand due to its application in various sectors, more partnerships with top technological firms, and improved global economic conditions might drive Flux to an average price of $15.38 and a high of $19.65.”

Here we will look at the difference between the expert views on FLUX coin price prediction (average yearly numbers) in a comparison table:

Bitcoinwisdom.com provides a conservative perspective on Flux crypto's future, estimating its value to be $2.64 in 2024, $3.84 in 2025, and $9.84 by 2030. These predictions suggest a gradual and steady growth trajectory for Flux over the next decade, reflecting a measured outlook on the cryptocurrency's potential.

Contrastingly, Priceprediction.net offers a more cautious forecast, predicting Flux to be valued at $1.69 in 2024, $2.40 in 2025, and a comparatively optimistic $15.71 by 2030. This source foresees a slower ascent in the short term but envisions substantial appreciation in the long run, potentially driven by technological advancements or increased adoption.

Technewsleader takes a bullish stance on Flux's future, forecasting a value of $3.12 in 2024, $10.95 in 2025, and an impressive $23.13 by 2030. This source anticipates significant growth, especially in the mid-to-long term, possibly influenced by innovative developments within the Flux ecosystem or broader blockchain industry trends. It suggests an optimistic perspective on Flux's potential to outperform expectations and establish itself as a prominent player in the cryptocurrency market.

As with any price predictions, it is crucial to approach them with a degree of skepticism and consider various factors influencing the market.

Flux Price Forecast 2024, 2025, 2030

If you are curious about the Flux coin price prediction 2025, 2030, and further, you will find the answers in this section. These are approximate numbers that can differ from the actual ones because of the crypto market state and the project itself.

Flux crypto price prediction 2024

With a bullish sentiment prevailing in the broader crypto market, Flux (FLUX) appears poised for potential growth in 2024. Our analysis suggests that the price could reach $1.11 during this period, driven by positive developments within the Flux ecosystem and increased adoption of Flux technology across diverse sectors.

Flux coin price prediction 2025

The price of Flux is predicted to reach $2.07. With the crypto market growing rapidly, Flux's cross-chain compatibility will become increasingly essential for seamless asset transfers between different blockchains. The built-in deflationary mechanisms, such as supply-capping and reward-halving every 2.5 years, will also contribute to a reduction in the circulating supply, potentially driving the price higher.

Flux crypto price prediction 2026

The value of Flux is anticipated to rise to $3.04 by 2026. We believe that Flux's cross-chain compatibility will gain significant traction, making it a preferred choice for users and investors alike. The scarcity caused by the deflationary mechanisms will continue to influence the price positively, in addition to the growing demand for computational resources in various sectors.

Flux crypto price prediction 2030

The price of Flux is projected to soar to $6.5. By this time, Flux's functionality might establish itself as a critical component of the blockchain ecosystem, and its usage will be widespread across various industries.

A Historical look at FLUX's price:

Flux /USD Pair

Flux /EUR Pair

Flux Correlation

FLUX is correlated with several cryptocurrencies, including some of the top 20 tokens with the highest market capitalization: BTC, ETH, LTC, etc.

Positively Correlated Currencies

Negatively Correlated Currencies

What affects the price of Flux?

Supply and demand dynamics play a crucial role, where an increase in demand for Flux, driven by factors like growing adoption, technological advancements, or increased investor interest, can drive the price up. 

Market sentiment and overall cryptocurrency market trends can also impact Flux's value, as positive news or developments can boost investor confidence, while negative events or regulatory uncertainties may lead to price volatility. 

External factors like macroeconomic trends, regulatory changes, and technological advancements in the blockchain industry may also have ripple effects on Flux's price.

Should you consider buying Flux?

Here, we will do our best to answer the question, “Is Flux crypto a good investment”? Considering that Flux has a roadmap with promising developments planned, investors may find it interesting to keep an eye on the project's progress and achievements. The planned launch of the Marketplace, enhancements to services like Private Docker, and improvements to the Flux Domain Manager and Parallel Asset Snapshot indicate a commitment to improving the platform's functionality and user experience.

Furthermore, Flux's focus on community engagement through initiatives like Flux University and Hackathon 2 can be seen as positive signs of fostering collaboration and innovation within the Flux ecosystem.

Flux appears to be a project that is fully dedicated to furthering decentralization and development by leveraging high-level partnerships and other good business practices.

However, as with any investment, it's essential for investors to carefully assess their own risk tolerance, conduct thorough research, and seek advice from financial professionals before making any investment decisions related to Flux or any other cryptocurrency. The cryptocurrency market can be highly volatile and subject to various external factors that may impact its performance.

Conclusion: The future of FLUX

To sum up our FLUX token price prediction, we will once again go through the main points of this article. 

The future of Flux, like any other cryptocurrency or blockchain project, depends on a multitude of factors, including technological advancements, market trends, adoption, competition, regulatory developments, and overall sentiment in the cryptocurrency space. Flux's success will also depend on the team's ability to deliver on their roadmap and achieve the planned developments.

Based on the information we have discovered, Flux appears to be a promising project with several features that might well be in high demand as crypto adoption continues. As such, the smart use of computational power, the potential for the creation of innovative DApps, as well as profound community engagement, all can be decisive factors in determining the future success of the protocol.

Furthermore, Flux has a roadmap with promising developments planned, including cross-chain compatibility, deflationary mechanisms, and various upgrades to its platform. These developments could potentially contribute to the project's growth and adoption.

With all that said, the cryptocurrency market is highly speculative and can be subject to rapid and unpredictable changes. It is crucial for investors to conduct their own research, carefully evaluate risks, and consider various factors before making any investment decisions related to Flux or any other cryptocurrency.

Flux Price Forecast FAQs

Here we are answering some of the questions crypto users often have about Flux crypto price prediction.

Can Flux reach 100 dollars?

Given that currently, FLUX’s price is less than a dollar, such a dramatic increase is highly unlikely. At the same time, the general forecast is positive, so it has the potential to bring investors great returns, even though one coin will probably be worth considerably less than $100.

How high can Flux crypto go?

According to our FLUX coin price prediction 2030, in this timeframe, the asset’s price might come close to the $6.5 mark. Given favorable market conditions and the right development path of the project, it might increase even further after 2030.

How old is FLUX coin?

ZelCash (the previous name of Flux) was launched in 2018, which means that in 2024, the project is celebrating its 6th anniversary.

Is Flux coin a good investment?

As per our analysis of Flux’s key metrics, the protocol seems to be promising. They have an innovative product that is likely to keep being useful in the future, and the community plays a crucial part in decision-making. While we cannot predict with 100% certainty what happens in the future, many experts agree that FLUX will continue to grow.

What is FLUX coin used for?

FLUX coin is used as the native cryptocurrency of the Flux ecosystem, primarily enabling users to access and utilize various services and features on the platform, such as cross-chain compatibility, transaction fees, and participation in governance.