Rose Crypto: A Good Investment Option?

The Oasis Network (ROSE) is a blockchain platform designed for secure, private, and scalable decentralized applications (dApps). It is a layer-1 proof-of-stake blockchain platform that focuses on confidentiality and scalability, with a native cryptocurrency, ROSE.

ROSE is currently trading at around \$0.057698 USD, with a market cap of 6,713,599,876 ROSE, and a circulating supply of 627,785,687.33. It has a limited supply, with a cap of 10 billion tokens.

ROSE has experienced a recent bull cycle, with a 7-day price change of 4.96% and a 30-day price volatility of 12.47%. Its price is predicted to increase by 12.04% to reach \$0.064645 by August 30, 2024.

The Oasis Network has several positive attributes, including its focus on privacy, scalability, and interoperability, as well as its strong team and institutional backing. It has also introduced several new features and formed partnerships for cross-chain interoperability.

However, it is important to remember that cryptocurrency markets are highly volatile and subject to rapid changes. Therefore, investors should carefully consider their risk tolerance and conduct thorough research before investing in ROSE or any other cryptocurrency.

ROSE crypto price predictions for 2024 and beyond

The ROSE crypto, or the Oasis Network, is a blockchain platform designed for secure, private, and scalable decentralized applications. It has been on a bearish trend recently, despite a promising August in 2022 when the token peaked at $0.1151 following the announcement of a partnership with Meta. As of 28 September 2022, the token is trading at $0.05895, a significant drop from its all-time high of $0.5964 in January 2022.

2024 Predictions

ROSE is anticipated to experience positive momentum in 2024, driven by positive sentiment in the crypto markets and ongoing development on the Oasis Network. The minimum cost of the Oasis Network is expected to be $0.0484, with a maximum level of $0.122. The average trading price is predicted to be around $0.196. By the end of 2024, the price is expected to be around $0.0474 (Wallet Investor) and even lower, down to $0.007788 (Price Prediction).

2025 Predictions

The Oasis Network's commitment to improving security and its runtime bundle distribution is expected to result in a more robust and reliable ecosystem by 2025. Efforts to enhance the wallet experience and attract a broader user base are also likely to positively impact the token's value. The ROSE token's value may see incremental growth up to $0.331 by 2025, reflecting increased adoption and confidence in the network. According to Price Prediction, the price could range from 0.0009705419999999972 to $0.07303029, with an average trading price of $0.07303029. Digital Coin Price predicts a more bullish outlook, with an average price of $0.24 in 2025.

2026 Predictions

In 2026, the widespread adoption of the Oasis Network technology is expected to be reflected in the ROSE price, with the potential to reach $0.599. According to Price Prediction, the price could range from 0.4301 to $0.5282, with an average trading price of $0.4456.

2030 Predictions

The long-term vision and roadmap of the Oasis Network are expected to bear fruit, positioning the network as a prominent player in the blockchain space. As decentralized applications built on the Oasis Network leverage its unique privacy features and interoperability, 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 by 2030. According to Price Prediction, the price could be as high as $2.66.

It is important to note that these predictions are subject to change and that the cryptocurrency market is highly volatile. Investors should carefully consider these projections and conduct thorough research before making any investment decisions.

ROSE's potential for growth

ROSE is the native cryptocurrency of the Oasis Network, a blockchain platform designed for secure, private, and scalable decentralized applications (dApps). The Oasis Network was founded in 2018 by Professor Dawn Song, a professor of electrical engineering and computer science at the University of California, Berkeley. The network's native token, ROSE, was launched in September 2020.

The Oasis Network has two separate layers: the consensus layer, which is responsible for achieving consensus among network participants, and the ParaTime layer, which enhances scalability by allowing multiple blockchains to run concurrently. This design improves scalability and flexibility, as different applications can operate independently within their own ParaTimes, reducing congestion and conflicts.

The ROSE token serves several essential functions within the network. It is used for transaction fees, staking, and delegation at the consensus layer. Staking ROSE tokens helps support the network's security and consensus mechanism, and stakers receive ROSE rewards. Additionally, ROSE tokens can be used for various utility functions within dApps built on the Oasis Network, such as lending, borrowing, or trading activities in a DeFi dApp.

Recent Performance and Market Sentiment

As of September 2024, the ROSE token price is around $0.057698 USD, with a market cap of 6,713,599,876 ROSE. In the past 24 hours, the crypto has increased by $0.0024, and in the past 7 days, it has shown a good upward trend, increasing by 14.17%. Over the last 30 days, ROSE has had 13/30 (43%) green days and 12.47% price volatility. The current market sentiment is bearish, with a Fear & Greed Index score of 30 (indicating fear).

Technical Analysis and Price Predictions

Technical analysis and price predictions for ROSE vary, with some sources indicating moderate growth and others projecting substantial increases.

• According to Changelly, the Oasis Network price is expected to increase by 12.04% and reach $0.064645 by August 30, 2024.
• CoinCodex predicts that the price of Oasis Network is expected to rise by 222.66% and reach $0.182812 by September 27, 2024.
• SimpleSwap's ROSE price prediction for 2024 is $0.182, driven by positive sentiment in the crypto markets and ongoing development on the Oasis Network.
• CoinPedia's ROSE price prediction for 2024 is $0.20, influenced by bullish catalysts like the Bitcoin halving event and potential rate cuts.
• DigitalCoinPrice's ROSE price prediction for 2025 is $0.24, and for 2030, it estimates a price of $0.82.
• PricePrediction's Oasis Network crypto price prediction for 2030 is $1.38, based on deep artificial intelligence-assisted technical analysis.

Oasis Network's Future Prospects

The Oasis Network has a strong team with impressive backgrounds, including experience working for top-tier tech companies such as Google, Apple, Amazon, and others. The network is committed to enhancing privacy, scalability, and interoperability, positioning it favorably in the blockchain landscape.

The Oasis Foundation has received backing from well-known institutional investors, and the Oasis Ecosystem Fund has grown to $235 million as of May 2022. The fund's goal is to support the development of the next generation of Oasis applications, including in the metaverse, DeFi, privacy applications, NFTs, data tokenization, and data governance.

The Oasis Network's scalability, with a throughput of over 1,000 transactions per second, makes it well-suited for DeFi applications. The network has introduced several features and improvements, such as trustless bridges, a zero-knowledge architecture, and enhanced security, positioning it for long-term growth.

The ongoing progress, commitment to innovation, and strong community suggest a bright future for the Oasis Network. However, it is important to remember that cryptocurrency markets are highly volatile and subject to rapid changes. Investors should carefully consider these factors and conduct thorough research before making investment decisions.

ROSE's capped supply

ROSE is the native cryptocurrency of the Oasis Network, which is a blockchain platform designed for secure, private, and scalable decentralized applications (dApps). 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 is structured into two different layers: the consensus layer and the ParaTime layer. The consensus layer is responsible for achieving consensus among network participants and is a scalable proof-of-stake consensus run by a decentralized set of validator nodes. The ParaTime layer, on the other hand, is customizable 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.

The ROSE token serves several essential functions within the network. It is used for transaction fees, staking, and delegation at the consensus layer. Additionally, ROSE tokens can be staked to support the network's security and consensus mechanism, and token holders can vote on proposals and decisions related to network upgrades.

The ROSE token has a limited supply, with a total fixed cap of 10 billion tokens. As of September 2022, there were approximately 5.03 billion ROSE tokens in circulation, representing 50% of its total capped supply. The Oasis Network has set aside approximately 2.3 billion tokens to be distributed as staking rewards for securing the network over time.

The capped supply of ROSE tokens creates a scarcity aspect, which can be favourable for investors. However, it is important to note that the cryptocurrency market is highly volatile, and the value of ROSE can fluctuate significantly. As of September 8, 2022, the token was trading at $0.0598, down almost 77% from the previous year.

While it is challenging to predict crypto prices due to their inherent volatility, ROSE has several attributes that could make it a good investment. The Oasis Network has received backing from well-known institutional investors, and the team behind the project includes talent from top companies and institutions. Additionally, the Oasis Foundation is continuously working on new features and developments, which could bring more attention to the crypto and potentially boost its price.

ROSE's backers and team

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 Foundation notes that its team is comprised of top talent from companies including Amazon, Apple, Goldman Sachs, and Google, as well as institutions including Carnegie Mellon, Harvard, Stanford, and the University of California, Berkeley. The foundation also notes that all of its core engineering team members have received a Ph.D.-level education.

The Oasis Foundation runs an active grants program to support builders and creators using the network. The Oasis Network is also supported by a cadre of industry-leading backers who collectively support a $235 million Ecosystem Fund to foster ecosystem development. The fund's partners include Dragonfly Capital, Electric Capital, and Pantera Capital, among others.

The Oasis Network's native token, ROSE, was launched in September 2020. The flower was chosen as a symbol because it dates back to Ancient Greece, where roses were seen as a symbol of secrets or privacy. The Oasis Network is committed to enhancing privacy, scalability, and interoperability, positioning it favorably in the blockchain landscape. With plans to introduce trustless bridges and a zero-knowledge architecture, the network is poised for long-term growth.

ROSE's real-world use cases

ROSE is the native cryptocurrency of the Oasis Network, a blockchain platform designed for secure, private, and scalable decentralized applications (dApps). The Oasis Network is multi-layered, making it highly flexible, scalable, and future-proof. Its modular architecture separates consensus and smart contract execution into different layers, allowing developers to deploy low-cost privacy-focused dApps.

• Smart Contract Interaction: Within dApps built on the Oasis Network, ROSE tokens can 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.
• 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 maintain the health 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 collateral and receive ROSE rewards in return.
• Delegated Staking: Users can delegate their tokens to someone else's escrow account. This process is similar to staking, but the tokens are used 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, giving them a say in the direction of the Oasis Network's development.
• Data Ownership: The 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.
• Scalability: The Oasis Network's ParaTime technology enables the network to process more than 1,000 transactions per second, making it highly scalable and capable of supporting a large number of users and applications.
• Privacy: The Oasis Network incorporates the Oasis Privacy Layer and Sapphire, a confidential EVM-compatible ParaTime architecture, to protect sensitive data within smart contracts. This ensures that users' information remains confidential and secure.

Frequently asked questions