The post Ankr price prediction | Is Ankr a good investment? appeared on BitcoinEthereumNews.com.

In the past month, the utility token of the Ankr project has dropped in price by about 24%, but now the coin is slowly bouncing back. Will the coin fully regain its value and reach new highs in 2025 and beyond? Find out in our Ankr (ANKR) price prediction. Ready? Let’s go. What is Ankr? An overview of the project and its token Ankr is a Web3 platform, designed to help developers create decentralized applications and networks. Founded in 2017, Ankr has evolved from helping businesses use surplus server capacity to offering liquid staking, RPC services, extended APIs, and tools for launching private blockchains.  The platform functions as a cloud computing marketplace, allowing easy deployment of nodes and programs through containerization. Ankr’s distributed network allows users to rent out unused computing power, benefiting both suppliers and users in need of affordable cloud services. Ankr (ANKR) is the platform’s utility token used for payments, rewards for computational power, staking to become a network validator, and voting on project updates. The total supply of ANKR is capped at 10 billion tokens. Curious about how this coin will perform in the future and its chances for a price jump? Let’s take a look at the Ankr crypto price prediction. Ankr price prediction: overall outlook As of March 04 2025, Ankr is trading around $0.018, down 91.4% from the all-time high of $0.213 seen almost 4 years ago in April, 2021. Over the past month the coin has dropped 27%%, falling 11% in the last 24 hours. What can be said about Ankr and its potential to become a strong coin overall? Even though the price has dropped recently, Ankr still has a lot of potential to bounce back. This is mainly because it has a solid foundation as a Web3 platform, and there’s…

---

Filed under: News - @ March 4, 2025 1:26 pm