Nervos Network is a public blockchain that aims to solve scalability and interoperability problems in the cryptocurrency sector. It is designed to support different blockchain protocols and platforms through its Layer 1 (Common Knowledge Base, CKB) infrastructure and a Layer 2 framework that allows for faster and more scalable transactions
.
The native token, CKB, is used to pay for transactions and the creation of smart contracts on the platform, as well as representing a valuable tool for developers and users.
When will it reach 1 dollar?
To reach 1 dollar, the value of CKB should grow 57 times compared to the current value. This would bring the market capitalization to around 44.12 billion dollars. If CKB were to increase at a rate of 25% per year, it would take about 19
years to reach 1 dollar.
Although the required growth seems feasible, the times are long and the market could undergo significant changes. An improvement in the ecosystem and increasing adoption could accelerate this process.
When will it reach 100 dollars?
Reaching 100 dollars represents a much more challenging goal for Nervos Network. CKB is expected to increase by more than 5700 times its current value, bringing the market capitalization to around 4.41 trillion dollars. If CKB were to grow at a rate of 25% per year, it would take about 39 years to
reach this figure.
Given the scale of this growth and the time required, reaching 100 dollars seems unlikely, since it would require a market capitalization comparable to that of the world’s largest companies.
Is CKB a good investment?
Nervos Network has developed a solid technical infrastructure and offers innovative solutions that could make it attractive in the long term. However, price forecasts indicate that reaching 100 dollars is not realistic. Reaching 1 dollar seems possible, but it could take a long time.
Price Forecasts (2024-2030)
| Anno | Expected price |
|---|---|
| 2024 | $0.10 — $0.30 |
| 2025 | $0.30 — $0.50 |
| 2026 | $0.50 — $0.70 |
| 2027 | $0.70 — $0.90 |
| 2028 | $0.90 — $1.20 |
| 2029 | $1.20 — $2.00 |
| 2030 | $2.00 — $5.00 |