Arthur Hayes, a prominent figure in the crypto assets market, has pointed out that the price of NEAR—the native token of the NEAR Protocol—has the “potential to grow 20-fold” in the future. This statement was reported in an article published on June 14, 2024, by an international crypto assets media outlet.Hayes cites NEAR’s repetition of past market patterns as evidence for this prediction. Specifically, he analyzed that a “fractal” (a self-similar pattern)—which previously preceded a 250% surge from 2023 to 2024—is reappearing.He also suggested that the current market environment, characterized by growing demand for privacy coins (crypto assets that anonymize transaction histories), is a potential driver of NEAR’s price increase. This analysis suggests the possibility of a similar price surge around 2026. However, this is strictly Mr. Hayes’s personal opinion, and market trends are constantly changing.In this article, we will provide a cautious analysis of the background behind these remarks, an overview of the NEAR Protocol, and current market trends. We hope this will help our readers make informed and objective judgments regarding crypto assets.
What Is Arthur Hayes’ Prediction?
Arthur Hayes, co-founder of the crypto assets exchange BitMEX, commented on the NEAR token.
He pointed out that the NEAR token price has the “potential to grow 20-fold.”
This statement was reported by overseas crypto assets media outlets.
Mr. Hayes is one of the most influential figures in the crypto assets market.
His comments tend to attract attention among market participants.
However, it is important to understand that this is strictly his personal opinion.
What Is the NEAR Protocol?
The NEAR Protocol is a blockchain platform that provides a development framework for decentralized applications (DApps).
It is characterized by fast transaction processing and low fees.
It is designed to be user-friendly, providing an environment that is easy to use for both developers and general users.
It also focuses on solving scalability issues and has implemented sharding (a technology that divides data for processing).
This alleviates network congestion and allows for the efficient processing of a greater number of transactions.
The NEAR token is used within this protocol to pay for gas fees (transaction fees), among other purposes.
What Past “Fractals” Indicate
One of the foundations of Mr. Hayes’ analysis is the “fractals” observed in past markets.
A fractal is a term that refers to self-similar patterns.
It has been pointed out that the NEAR token is repeating the price pattern seen from 2023 to 2024.
This historical pattern preceded a price increase of as much as 250%.
Mr. Hayes suggests that this similarity could lead to a similar rise around 2026.
Past patterns can sometimes influence market price fluctuations.
However, past performance is no guarantee of future results.
Interest in Privacy Protection and Market Trends
Mr. Hayes also cites the growing demand for privacy coins (crypto assets that anonymize transaction histories, etc.) as a potential driver of NEAR’s rise.
In recent years, interest in digital privacy protection has been growing worldwide.
This trend is beginning to influence the crypto assets market as well.
There is growing attention on crypto assets with privacy features.
The NEAR Protocol itself is not a privacy coin in the strict sense.
However, growing awareness of privacy protection could influence capital flows across the entire market.
The view is that such changes in the market environment will indirectly have a positive impact on projects like NEAR.
Outlook and Considerations for 2026
Mr. Hayes’ analysis suggests that the NEAR token could see a significant rise around 2026.
However, the crypto assets market is known for its high volatility.
Prices can fluctuate significantly due to various factors.
Macroeconomic conditions, regulatory developments, and technological advancements all influence prices.
Additionally, the progress of individual projects and the competitive landscape are key factors.
When making investment decisions, it is essential to gather information from multiple perspectives and consider it carefully.
You should avoid relying solely on the predictions of any single individual.
The Principle of Personal Responsibility in Investment Decisions
The content presented in this article does not constitute a recommendation to invest in specific crypto assets.
Investing in crypto assets involves many risks, such as price volatility and liquidity risk.
Please make investment decisions based on your own judgment and at your own risk.
It is important to carefully consider your financial situation and risk tolerance.
You should also consider seeking professional advice if necessary.
[Source: Original Article]
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