What Is Elastos (ELA)?
Elastos aims to be a blockchain-powered version of the internet. The project originates all the way back to the year 2000; however, the current version that is based on blockchain technology and has been in active development by Elastos was founded in June of 2017.
The team behind the project genuinely believe that Ethereum, as well as DApp platforms, face limitations in scaling. While they are great for smart contracts, they are slow, not flexible at all, and inconvenient for full applications, according to Elastos. Elastos is a platform for decentralized apps, or DApps for short, that claims to solve many of these limitations.
With Elastos, aside from the fact that you gain full ownership over your digital assets, you do not have to access the internet in order to run DApps. All DApps will run on the Smart Web. The idea behind this Smart Web is to protect you from malware and other digital attacks that expose you to data theft. The platform is extremely optimized for mobile and you can run network DApps on every operating system out there.
Who Are the Founders of Elastos?
When it comes to the founders of Elastos, the project originated in the year 2000 when founder Rong Chen worked on operating systems at Microsoft Research. He returned to China to develop his own vision, an operating system designed for the entire web.
Rong Chen was a senior software engineer at Microsoft from 1992 to 2000, after which he founded and was the CTO of Kortide (Beijing), and became the chairman and CEO at Kortide in 2003. In 2017, he became the chairman of the Elastos Foundation.
Later on, when blockchain emerged as a revolutionary technology in 2017, Rong coordinated with Elastos co-founder Feng Han to incorporate blockchain and complete his vision.
Feng Han started out as a mentor at the Tsinghua University, after which he was the principal at the Yuncol School. In 2017 he became the co-founder of Elastos and is currently the founder of MIT IDE Blockchain Pillar and Foundation.
Elastos Overview
| Coin Name | Elastos |
| Coin Symbol | ELA |
| USD Price | $ 2.81 |
| Marketcap | $ 57,123,841 |
| 24h Volume | $ 412,851 |
| Total Supply | 24,940,212 |
Elastos Price Prediction
If you’re looking for Elastos price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Elastos (ELA) will go in the future? We will analyze the past prices of Elastos (ELA) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2022 | $4.15 | $4.31 | $4.88 |
| 2023 | $6.15 | $6.33 | $7.36 |
| 2024 | $8.52 | $8.84 | $10.47 |
| 2025 | $12.65 | $13.10 | $14.85 |
| 2026 | $18.88 | $19.40 | $21.91 |
| 2027 | $26.94 | $27.91 | $32.73 |
| 2028 | $36.77 | $37.89 | $46.35 |
| 2029 | $54.23 | $56.12 | $63.02 |
| 2030 | $79.53 | $82.34 | $96.45 |
| 2031 | $119.03 | $123.15 | $140.14 |
Elastos (ELA) Price Prediction
At reconshell.com we predict future Elastos price predictions/ELA forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Elastos. We do our best to collect maximum historical data for the ELA coin which include multiple parameters like past price, Elastos marketcap, Elastos volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Elastos Price Prediction 2022
According to our deep technical analysis on past price data of ELA, In 2022 the price of Elastos is predicted to reach at a minimum level of $4.15. The ELA price can reach a maximum level of $4.88 with the average trading price of $4.31.
Elastos Price Prediction 2023
The price of Elastos is predicted to reach at a minimum level of $6.15 in 2023. The Elastos price can reach a maximum level of $7.36 with the average price of $6.33 throughout 2023.
ELA Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Elastos is predicted to reach at a minimum level of $8.52. The ELA price can reach a maximum level of $10.47 with the average trading price of $8.84.
The price of 1 Elastos is expected to reach at a minimum level of $12.65 in 2025. The ELA price can reach a maximum level of $14.85 with the average price of $13.10 throughout 2025.
Elastos Price Prediction 2026
Elastos price is forecast to reach a lowest possible level of $18.88 in 2026. As per our findings, the ELA price could reach a maximum possible level of $21.91 with the average forecast price of $19.40.
Elastos Price Prediction 2027
According to our deep technical analysis on past price data of ELA, In 2027 the price of Elastos is forecasted to be at around a minimum value of $26.94. The Elastos price value can reach a maximum of $32.73 with the average trading value of $27.91 in USD.
Elastos (ELA) Price Prediction 2028
The price of Elastos is predicted to reach at a minimum value of $36.77 in 2028. The Elastos price could reach a maximum value of $46.35 with the average trading price of $37.89 throughout 2028.
Elastos Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Elastos is expected to reach at a minimum price value of $54.23. The ELA price can reach a maximum price value of $63.02 with the average value of $56.12.
Elastos (ELA) Price Prediction 2030
The price of Elastos is predicted to reach at a minimum value of $79.53 in 2030. The Elastos price could reach a maximum value of $96.45 with the average trading price of $82.34 throughout 2030.
Elastos Price Prediction 2031
Elastos price is forecast to reach a lowest possible level of $119.03 in 2031. As per our findings, the ELA price could reach a maximum possible level of $140.14 with the average forecast price of $123.15.
What Makes Elastos Unique?
Elastos has four pillars that enable network separation as well as platform flexibility. These are blockchain, runtime, carrier and software development kit or SDK.
The blockchain separates app functionality between the main chain and side chains for each individual application.
The runtime gives you the flexibility to run DApps outside of the Elastos operating system all-together.
The carrier is a peer-to-peer decentralized internet service where you are able to rent out your computational power and storage to other users.
The software development kit connects applications to the Smart Web that is beneficial to non-Elastos applications.
The elastOS application brings the entire decentralized ecosystem into an App.
This flagship product of the Elastos Smartweb has the entire decentralized ecosystem into a single application.
How Many Elastos (ELA) Coins Are There in Circulation?
Elastos has a maximum supply of 28,220,000 ELA coins.
Keep in mind that Elastos is actively searching for both new and existing DApp projects throughout its Cyber Republic initiative.
How Is the Elastos Network Secured?
When it comes to the security on the Elastos network, all of the communication on the network is encrypted and authorized by blockchain IDs. These IDs in turn determine how the data is processed and who has access to it. Through this system, only the users can choose if they want to sell their data or preserve their privacy. Through a combination of the Elastos Runtime, DApps are provided with trusted network communication.
This means that Elastos is a decentralized internet and DApp platform that gives you, the user, complete control over your digital assets. It’s intended to improve the scalability and flexibility issues of other networks as-well, while it is explicitly built for DApp performance.
Where Can You Buy Elastos (ELA)?
Currently, you are able to purchase ELA at the following exchanges:
- Bittrex
- Huobi Global
- KuCoin