Oasis Network ROSE Price Prediction 2024 2025 2030 - ROSE Forecast

This article is a comprehensive examination of the Oasis Network cryptocurrency project and its ROSE token. We will look into the most important metrics, covering the coin's price dynamics, the project's historical journey, its competitors, price projections sourced from multiple platforms, and more.

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.

ROSE Overview

What Is Oasis Network Token (ROSE)?

The Oasis Network token (ROSE) is the native cryptocurrency of the Oasis Network, which is a blockchain platform designed for secure, private, and scalable decentralized applications (dApps). 

One of the main features of the Oasis Network is its focus on security and privacy. The platform incorporates the technology known as Oasis Privacy Layer to protect sensitive data within smart contracts.

Additionally, developers who use the Oasis Network for building their dApps can utilize Sapphire, the confidential EVM-compatible ParaTime (Parallel Runtime) architecture. It enables multiple blockchains to run in parallel. Each ParaTime can have its consensus mechanism, smart contract language, and token economics. This design improves scalability and flexibility, as different applications can operate independently within their own ParaTimes, reducing the risk of congestion and conflicts. 

Another problem that the Oasis Network is trying to solve is data ownership. Many existing platforms do not give users sufficient control over their data. Oasis Network aims to empower users by allowing them to maintain ownership and control over their data, even when using decentralized applications. This aligns with the broader goal of putting users in charge of their digital assets and information.

Like many other blockchain platforms, Oasis Network aims to improve scalability. Thanks to the ParaTime technology, the network’s throughput surpasses 1,000 transactions per second.

If you are looking for the Oasis Network price prediction, you have come to the right place because this article will answer your questions. However, please remember that the crypto sphere is extremely volatile and everything in it changes quickly, which is why we cannot guarantee that our prognosis will be 100% correct. Do not use these predictions when making investment decisions. 

Oasis Network’s rivals

In the diverse DeFi space, many projects aim to do similar things in their own unique ways. Here are the main competitors of the Oasis Network:

1. Ethereum (ETH). Ethereum is one of the most prominent blockchain platforms and a significant competitor to many blockchain projects. While Ethereum has faced scalability and privacy challenges, it remains a dominant force in the smart contract and decentralized application space.
2. Polkadot (DOT). Polkadot is a multi-chain network that focuses on interoperability between blockchains. It aims to connect various blockchains, making it a potential rival in terms of interoperability features.
3. Cardano (ADA). Cardano is a blockchain platform known for its research-driven approach to blockchain development and its focus on scalability, sustainability, and interoperability. It competes with Oasis Network in the broader blockchain space.
4. Avalanche (AVAX). Avalanche is a platform designed for creating custom blockchains and interoperable networks. It offers a unique consensus mechanism called Avalanche consensus and aims to provide a highly scalable and customizable blockchain ecosystem.

There are a lot more projects that concentrate on similar problems as the Oasis Network (scalability, privacy, interoperability, etc.) And since the DeFi space is developing so quickly, it is likely that new projects that can join the competition will appear in the future as well.

The Foundation of Oasis Network 

The Oasis Network was founded in 2018 by Dawn Song, a professor of electrical engineering and computer science at the University of California, Berkeley. 

The Oasis Network's journey began with the goal of combining the transparency and security of blockchain technology with advanced privacy-preserving techniques. The team members have impressive backgrounds with the experience of working for such top-tier tech companies as Google, Apple, Amazon, and others.

Then in September 2020, the ecosystem’s native token ROSE was launched. The flower was chosen on purpose, because its symbolism dates all the way back to Ancient Greece, where roses were seen as a symbol of secrets or privacy.

How Does the Oasis Network Work?

The Oasis Network is structured into different layers to facilitate its operation and functionalities.

1. Consensus layer. This is the foundational layer of the Oasis Network responsible for achieving consensus among network participants. It is a scalable proof-of-stake consensus run by a decentralized set of validator nodes.
2. Computation (ParaTime) layer. Each ParaTime can be customized to support different use cases, smart contract languages, and consensus algorithms. This layer enhances the network's scalability by allowing multiple blockchains to run concurrently, reducing congestion and improving performance. It also enables developers to choose the most suitable ParaTime for their specific application needs.

This architecture allows developers to decide which ParaTime to use depending on whether they need confidentiality and/or EVM compatibility: 

1. Sapphire ParaTime. This is a confidential ParaTime which has an environment suitable for the creation of smart contracts with EVM compatibility.
2. Emerald ParaTime. This is also an EVM-compatible ParaTime with smart contract functionality. It is low-cost but is not confidential.
3. Cipher ParaTime. This is a confidential ParaTime for executing WebAssembly smart contracts (Wasm).

Oasis Network token functions

The Oasis Network's native cryptocurrency ROSE serves several essential functions within the network. 

Transaction fees 

When users send transactions or interact with smart contracts on the network, they must include a certain amount of ROSE tokens as fees. These fees compensate validators for processing and validating transactions and help prevent spam and abuse of the network.

Staking 

ROSE tokens can be staked by network participants to support the network's security and consensus mechanism. Stakers lock up their tokens as a form of collateral. In return, stakers receive ROSE rewards.

Delegating 

Users can delegate their tokens to someone else’s escrow account. This process is similar to staking, but in the case of delegating, someone uses their tokens in another participant's validator node.

Governance

ROSE token holders can vote on proposals and decisions related to network upgrades, parameter changes, and other important matters. 

Smart contract interaction

Within dApps built on the Oasis Network, ROSE tokens may be used as a means of exchange or for various utility functions. For example, in a DeFi dApp, ROSE tokens can be used for lending, borrowing, or trading activities.

Oasis Network Development Roadmap

So far, the team has shared some of its plans in regard to the Oasis ROSE roadmap for 2024. Here are the main development plans:

• Deeper integrations with Ethereum ecosystem: enhancing support for Ethereum compatibility, including fast proof verification of Ethereum state, Ethereum tooling integrations, and validation of Oasis consensus layer state transitions on Ethereum.
• Improved developer experience: focus on faster and less resource-intensive development with Sapphire runtime and Oasis Privacy Layer (OPL) wrapper.
• Enhanced user experience: the team plans to launch more secure and streamlined Oasis Wallet Browser Extension and iOS/Android mobile apps and to refresh Oasis Wallet UI/UX.
• Runtime and storage performance improvements: the developers want to optimize the Merkle tree storage database and runtime storage protocol to enhance block execution and data queries. They will evaluate different storage layouts and database backends to reduce I/O amplification.
  

Where and how to buy Oasis Network crypto?

If you are interested in purchasing ROSE tokens, you can do so by using SimpleSwap. Here is all you need to do:

1. Choose the crypto you want to exchange (e.g., BTC).
2. Enter the amount you would like to swap.
3. Choose ROSE in the second drop-down list (the cryptocurrency you want to get). You will see the estimated amount that you will receive after the exchange.
4. Click the Exchange button.
5. Enter the Recipient's Address. This is where ROSE will be sent. Please double-check to see if you are using the correct 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 is done, you will receive the ROSE coins. In case you are interested in any other crypto projects, the same instructions are applied for other cryptocurrencies as well.

Oasis Network Price Chart

Here is the ROSE price at the moment: 

*This information is relevant as of March 18, 2024.

Oasis Network Price Technical Analysis

Oasis (ROSE) has formed a descending triangle pattern on the daily chart, outlining clear support and resistance lines. The price exhibited a growth phase starting in October 2023, breaking above the trending resistance line and signaling the potential for further upward movement.

This bullish move coincided with increased trading volumes. However, by January 2024, ROSE faced a correction from its recent peak of $0.1495 and successfully retested the nearest support zone. Currently, ROSE is trading below the 100 and 200-day moving averages, with the RSI indicator on the daily timeframe residing in the neutral zone.

Source: TradingView

Oasis Network Price Forecasts Comparison

Several crypto services have shared their versions of the ROSE coin price prediction, and we gathered some of them here for a better understanding of the asset’s future price. Please bear in mind that the numbers are as of March 2024.

• Bitnation.co:

“Oasis Network has experienced significant growth over the past 12 months, recovering from a bear market. Due to this recent growth, Oasis Network is expected to reach a high of $0.559062 over the next few years.”

• Priceprediction.net:

“According to our deep technical analysis on past price data of ROSE, In 2026 the price of Oasis Network is predicted to reach at a minimum level of $0.4301. The ROSE price can reach a maximum level of $0.5282 with the average trading price of $0.4456.”

• Technewsleader.com:

“ROSE have huge potential, with certain collaborations and innovations may increase the number of users and adpotion. If the market concentrates on investing in Oasis Network, the price might rise much higher. By 2030, it can reach a maximum value of $2.66.”

We put their predictions in a comparison table to see the difference between the predictions (the annual averages) of these sources:

Based on the price predictions provided by various sources, it appears that Bitnation.co is relatively bullish on their Oasis ROSE price prediction, forecasting a steady increase over the years. According to their predictions, Oasis could reach $0.367804 by 2024, climbing to $0.514926 by 2025, and ultimately reaching $1.25 by 2030.

Priceprediction.net offers slightly more conservative estimates, suggesting a lower price trajectory for Oasis. They anticipate the price to be around $0.2173 by 2024, increasing to $0.3097 by 2025, and eventually reaching $1.78 by 2030.

Conversely, Technewsleader.com presents the most optimistic Oasis Network coin price prediction, projecting a price of $0.228 by 2024, rising to $0.3394 by 2025, and surging to $2.45 by 2030.

These varied predictions highlight the uncertainty surrounding Oasis crypto's future price, indicating potential for both moderate and substantial growth depending on market factors and adoption rates. Investors should carefully consider these projections alongside other factors before making investment decisions.. 

Oasis Network Price Forecast 2024, 2025, 2030

This part is dedicated to the Oasis Network price prediction until 2030. Please remember that these numbers can change because of numerous factors that affect crypto prices and should not be considered financial advice.

Oasis Network (ROSE) crypto price prediction 2024

Oasis (ROSE) is poised for potential upward movement in 2024, driven by positive sentiment in the crypto markets and ongoing development on the Oasis Network. It is anticipated that ROSE's price could reach $0.182 this year. This forecast takes into account the execution of the Oasis Network roadmap, particularly the development of bridges to Ethereum and other blockchain networks, enhancing the interoperability of the Oasis Network.

Oasis Network (ROSE) crypto price prediction 2025

By 2025, the Oasis Network's commitment to ongoing improvements in security and runtime bundle distribution is anticipated to result in a more robust and reliable ecosystem. Additionally, efforts to enhance the wallet experience through Metamask Snaps integration are likely to attract a broader user base, further establishing the network's utility. As the platform continues to evolve and mature, the ROSE token's value may see incremental growth up to $0.331, reflecting increased adoption and confidence in the network's capabilities.

Oasis Network (ROSE) crypto price prediction 2026

In 2026, the price of ROSE may experience an increase as Oasis Network technology gains popularity among developers and users, finding applications in various use cases. This widespread adoption is expected to be reflected in the ROSE price, with the potential to reach $0.599.

Oasis Network (ROSE) coin price prediction 2030

The Oasis Network price prediction 2030 states that the long-term vision and roadmap are expected to bear fruit. They will position the network as a prominent player in the blockchain space. As decentralized applications built on Oasis leverage its unique privacy features and interoperability with other networks, the demand for ROSE tokens is projected to surge. This increased utility, combined with a well-executed roadmap, could lead to substantial growth in ROSE token value, potentially reaching $1.2. However, it is essential to consider that cryptocurrency markets are subject to various external factors, and these predictions are based on the assumption of successful execution of the roadmap and broader market conditions.

A historical look at ROSE's price:

In this section, we will have a look at the price of ROSE over the years.

Oasis Network / USD Pair

Oasis Network / EUR Pair

Oasis Network Correlation

The price of ROSE is connected to several other crypto projects, including Ethereum, Cardano, Tron, and others.

Positively Correlated Currencies

Negatively Correlated Currencies

What affects the price of Oasis Network?

The price of the Oasis Network's ROSE token can be influenced by various factors, including market sentiment, technological advancements, adoption in various use cases, interoperability with other blockchains, regulatory developments, and overall market trends. 

Positive news, partnerships, and successful network upgrades can boost investor confidence and drive demand for ROSE, while negative events or regulatory changes can have the opposite effect. Competition from other blockchain platforms, liquidity on cryptocurrency exchanges, economic factors, and social media discussions also play a role in price fluctuations. 

Should you consider buying Oasis Network?

So, is Oasis Network a good investment? The network's commitment to enhancing privacy, scalability, and interoperability positions it favorably in the blockchain landscape. With plans to introduce trustless bridges, a zero-knowledge architecture, and improvements in security, the Oasis Network is poised for long-term growth. Furthermore, the focus on fostering a developer-friendly ecosystem and hosting events to build a strong community suggests a thriving network. As the Oasis Network continues to realize its roadmap milestones and attract projects across various sectors, the demand for ROSE tokens is expected to rise, potentially leading to future value appreciation.

It is crucial to remember though that cryptocurrency markets are highly volatile and subject to rapid changes. Investors should stay informed and conduct thorough research before making investment decisions.

Conclusion: The future of ROSE

The Oasis Network future holds significant promise in the blockchain space. With its emphasis on privacy-preserving technology, scalability, and interoperability, the network is well-positioned to meet the growing demand for secure and innovative decentralized applications. 

As the Oasis team continues to execute its roadmap, building trustless bridges, improving security, and fostering a thriving developer community, the network is likely to attract a diverse range of projects and users across various industries. This ongoing progress and commitment to innovation suggest a bright future for the Oasis Network, with the potential to play a pivotal role in shaping the decentralized landscape. 

However, it is important to recognize that the blockchain industry is dynamic, and challenges may arise.

Oasis Network Price Forecast FAQs

Here, we are going to answer some of the popular questions about ROSE.

Is the Oasis Network (ROSE) coin a good investment?

Both our ROSE crypto price prediction and that of other crypto services state that the token will grow in price with time. Although there are a lot of factors that are hard to predict accurately, this token has a chance to become a good investment in the future.

How much is Oasis Network (ROSE) worth in 2025?

According to our Oasis Network crypto prediction, in 2025, ROSE’s price is expected to be $0.331.

Will Rose coin go up?

ROSE crypto price prediction is generally positive. Many sources foresee it going up in value, including ours.

Can Rose crypto reach $10?

Despite the general price prediction being rather positive, our forecast stopped at 2030, when the asset is expected to be worth $1.2. It is not likely that ROSE will reach $10 any time soon.