Bitcoin remains the ‘top dog’ in the crypto space, mainly due to its first-mover status. However, numerous projects have emerged in recent years that aim to improve on Bitcoin’s structure – with Chia being one that has stood out from the crowd. This guide presents our in-depth Chia Coin Price Prediction, covering what the coin is and how it works, before diving into a comprehensive overview of XCH’s prospects for the months and years ahead. Chia Coin Price Prediction 2022 We’ll dive into our in-depth Chia crypto price prediction later in this guide. However, presented below is a brief overview of our estimates for the years ahead: End of 2022: As those who invest in cryptocurrency will know, most coins and tokens have suffered losses in 2022. However, given Chia Coin’s recent rebound, we could see price hit $80 by the end of the year. End of 2023: The $85 region proved to be a solid resistance level for XCH back in February 2022. If price can show a strong close above this area, we may see Chia Coin head to the $200 level by the end of 2023. End of 2025: The price of Chia coin reacted bearishly the last time it hit $200, immediately dropping by around 30%. If price can sustain itself above here, we may see the $800 region tapped by the end of 2025. Check Out Our #1 Recommended Crypto for 2022 Chia Coin Price History Investors who perform due diligence before they buy cryptocurrency tend to experience better results – which is why gaining a comprehensive overview of Chia Coin, and its price history can be so beneficial. With that in mind, let’s take a closer look at this crypto and how price arrived at this point. First thing’s first – what is Chia Coin? Put simply, Chia Coin (XCH) is the native token of the Chia Network, a blockchain platform with its own smart contract infrastructure. Unlike Bitcoin, the Chia Network uses a ‘Proof of Space and Time’ consensus mechanism, designed to be much greener than a ‘Proof of Work’ algorithm. The Chia Network was designed by Bram Cohen, the brains behind the BitTorrent platform. Chia emerged as one of the best altcoins on the market when it launched in May 2021 due to its unique consensus mechanism. Instead of mining, the Chia Network uses space on hard drives and solid-state drives to secure the blockchain. The Chia XCH price debuted on several of the best crypto exchanges around the $950 mark and immediately surged by over 125%. This resulted in the Chia stock price reaching an all-time high of $1,934.51 on May 3rd, 2021. However, this high was short-lived, and the XCH price immediately plummeted – and hasn’t stopped since. Between May 2021 and July 2022, Chia Coin’s price fell by over 98%, settling around the $40 level, where it remains at the time of writing. Here’s a brief summary of the information presented above: Chia Coin was launched in May 2021 on several CEXs Immediately surged by 125%, hitting an all-time high of $1,934.51. After hitting that high, the XCH price immediately began to fall. This fall continued until the time of writing in July 2022, with the Chia stock price now 98% below the all-time high. Chia Coin Price Prediction 2022 Now let’s dive into our XCH price prediction for 2022. Many of the most undervalued cryptos (including Chia Coin) have been affected by the ‘risk-off’ sentiment in the broader market. This has been caused by various macroeconomic factors, including rising inflation and interest rate hikes. However, many investors still see the Chia Network as a viable alternative to Bitcoin. Not only is the network much greener since it removes the need for energy-intensive computer equipment, but it is also much faster. As noted on Chia’s website, this blockchain can handle 20-40 transactions per second (TPS), whilst Bitcoin can only handle up to 7 TPS. This essentially makes the Chia Network a viable alternative to Bitcoin when it comes to making decentralized payments. Furthermore, Chia Network’s transaction fees can often drop as low as $0.01 – making it an extremely cost-effective solution. These factors combine to make Chia Network an attractive option for both dApp developers and the broader crypto community. As such, our Chia crypto price prediction estimates the token could reach $80 by the end of 2022. Buy Chia Coin Now XCH Coin Price Prediction 2023 Now let’s focus on our XCH price prediction for the years ahead. A growing trend in the crypto market is that more people are opting to invest in DeFi (decentralized finance). This is because DeFi protocols can provide much higher yields than investors can achieve using ‘traditional’ asset classes. This is excellent news for Chia Coin, as the network has its own custom smart contract language called Chialisp. Chia’s developers claim this is a flexible and robust language that can be easily audited, appealing to dApp developers worldwide. The price of Chia Coin will likely benefit from greater adoption of this blockchain, which is essentially what happened when BTC’s price took off. The possibilities of Chialisp technology are endless, allowing developers to launch DeFi protocols, NFT collections, automated market makers (AMMs) and more. If we start to see an uptake in this area, it could cause a ‘snowball effect’ leading to rapid XCH price increases. Due to this, our Chia Network price prediction estimates the token could reach $200 by the end of 2023. Chia Coin Price Prediction 2025-30 Prediction Recently, one of the most significant upgrades to the Chia Network is the launch of NFTs on its mainnet. Those wondering how to buy an NFT can now do so through the Chia Network, thanks to its new ‘NFT1’ token standard. Although the NFT market has taken a severe downturn, this is seen as a huge step forward for the developers. Chia can now compete with the likes of Ethereum and Solana, which have dominated the NFT space over the past year. These networks have had issues of late due to Ethereum’s high GAS prices and Solana’s poor network stability. Since the Chia Network has never had downtime, the developers hope to gain market share from its rivals. Furthermore, investors looking to make money with NFTs can now do so in a more eco-friendly manner by using the Chia Network. Although Chia may not be as scalable as Ethereum and Solana, the development team have opted to focus on security and decentralization – two components of the so-called ‘Blockchain Trilemma’. Once the NFT market picks up, we may see more creators opt to host their collections on the Chia Network rather than other blockchains. If this occurs, we estimate the Chia price may hit $800 by the end of 2025. Looking even further ahead to 2030, it wouldn’t be unsurprising to see the XCH price double, assuming that adoption of this network continues to grow. Buy Chia Coin Now Potential Highs & Lows of Chia Coin coin Now that we’ve touched on our Chia Network price forecast for the years ahead, let’s summarize the key takeaways from our analysis. The table below presents the potential highs and lows of XCH from now until 2025 – which can be helpful to investors looking for the best long-term crypto investments. Year Potential High Potential Low 2022 $80 $35 2023 $200 $55 2025 $800 $340 What is Chia Coin Used For? So, what is Chia Coin (and the Chia Network) actually used for? Let’s dive in and explore some of its primary use cases: Making Payments Chia Coin’s primary use case is as a method of making decentralized payments. Many people opt to buy Bitcoin for this purpose since it was the ‘first mover’ in the crypto payments space. However, Bitcoin’s technology has become outdated and is deemed to be highly energy-intensive. Chia Coin offers a viable alternative since the network’s ‘Proof of Space and Time’ consensus mechanism allows participants to use their free disk space to secure the blockchain. As such, Chia Network uses around 500x less energy than ‘Proof of Work’ chains. Farming Rewards As mentioned earlier in our Chia Coin price prediction, those with spare space on HDDs or SSDs can use that space to help secure the network. This is called ‘plotting’ and essentially involves writing 100GB worth of hashes to these drives. Chia Network then facilitates a sort-of ‘lottery’, whereby a new block’s hash is compared to those stored on users’ drives. The user with the closest match receives a farming reward – providing a way for market participants to generate a passive income stream in XCH. Minting NFTs The Chia XCH price will likely be heavily influenced by NFT-based activity, given the massive popularity of these digital assets. Although trading volume has died down, NFTs still have fantastic utility – so there’s always scope for a rebound. Many new NFT projects have already been launched on the Chia Network, including Chia Friends and Marvelous Marmots. There’s also a ‘Mint Garden’ feature where anyone can mint NFTs on the Chia blockchain, along with a dedicated NFT marketplace for trading. dApps with Smart Contracts Finally, Chia Network’s ‘Chialisp’ programming language allows developers to create dApps. Although this language is relatively complex compared to the structures used by the likes of Ethereum, it is designed to be extremely secure – making it a good choice for developers creating DeFi protocols and stablecoins. What Drives the Price of Chia Coin? Given the information presented until this point, could XCH be the next crypto to explode? To clarify this, let’s dive into the next section of our Chia Coin price prediction – the factors that affect the coin’s price. Social Media ‘Hype’ Like all of the best DeFi coins and utility tokens, the Chia Coin price is affected by hype driven through social media. Retail investors are always looking for cryptos that can produce market-beating returns – which is why many coins experience price rises when they begin gaining traction on Reddit and Twitter. Thus, if Chia’s team can tap into this demographic of traders, we could see the ‘buzz’ translate into price increases. Blockchain Adoption As more market participants opt to construct dApps or mint NFTs on the Chia Network, the demand for XCH will naturally rise. This is because XCH is the network’s native token, meaning the coin is used to pay for NFTs and interact with dApps. Future Roadmap Finally, Chia Coin’s future roadmap is crucial to its price potential. A key goal of the Chia Coin team is to achieve a public listing for the company, meaning investors can buy stocks in Chia. This goal is relatively rare in the crypto market due to most projects aiming to be decentralized – so there’s no telling how the XCH price may react if this comes to fruition. Where to Buy Chia Coin Those looking to buy Chia Coin can do so through many top centralized exchanges (CEXs). However, our recommended platform for XCH investing is Crypto.com – one of the best crypto apps on the market. Crypto.com offers a user-friendly mobile app where investors can purchase over 250 cryptocurrencies in just a few taps. Those looking to buy crypto with a credit/debit card can do so instantly, with a 2.99% transaction fee charged. However, Crypto.com also offers an exchange service which uses a maker/taker model. This model means that investors will only be charged 0.4% per trade when operating in the spot market. Interestingly, this fee can be reduced by 10% when paying in CRO – Crypto.com’s native token. Crypto.com also has various additional features, including one of the best crypto wallets for those interested in the DeFi space. This wallet is non-custodial and supports over 700 tokens (including XCH), allowing for quick token swapping. Crypto.com also allows free crypto deposits when funding the app, with added support for an array of FIAT currencies. Finally, users can even benefit from Crypto.com’s Visa card, which has no annual fees and offers up to 5% cashback on the Obsidian tier. Buy Chia Coin Now Is XCH the Best Coin to Buy in 2022? As highlighted throughout this Chia Coin price prediction, XCH still has potential – even after the 98% drop from all-time highs. However, can it be considered the best coin to buy in 2022? This all depends on the individual investor, although there are viable alternatives that could provide higher returns. One of these alternatives is Battle Infinity – a brand new crypto-gaming platform that leverages the popularity of the metaverse to provide users with a way to generate regular rewards. This ‘Play-to-Earn’ (P2E) aspect comes via Battle Infinity’s exciting ‘IBAT Premier League’, a blockchain-based fantasy sports league. As one of the best metaverse platforms set to launch this year, Battle Infinity aims to provide an immersive 3D world where users can interact with one another and earn rewards together. Users can also purchase plots of virtual land within Battle Infinity’s ‘Battle Arena’, which can then be monetized through advertising on virtual billboards. Battle Infinity’s ecosystem also includes a token swapping service, a blockchain-gaming store, an NFT marketplace, and even a dedicated crypto staking mechanism. These features have combined to offer an ‘all-in-one’ platform that provides every service a crypto investor may want. Battle Infinity’s presale began in July 2022, and sold out early which saw the project raise 16,500 BNB in the first 24 days of its 90 day presale. Given that the project has been fully audited by SolidProof.io and KYC-verified on CoinSniper, many prospective investors have joined the official Telegram group (admins will never DM you first) in anticipation of its native coin IBAT being listed on exchanges. Buy Battle Infinity Now Chia Coin Price Prediction – Conclusion In summary, this guide has presented our in-depth Chia Coin price prediction, covering the token’s use cases, development team, and roadmap. Although XCH has undoubtedly been through a challenging period, the network’s infrastructure is still appealing – providing a solid platform for a future rebound. Investors looking for an alternative to Chia Coin may wish to consider checking out Tamadoge and Battle Infinity. These new NFT-based gaming platforms have already generated tremendous hype with their play-to-earn (P2E) mechanics, and are a chance to invest early in newer crypto projects. Battle Infinity has now sold out its presale but the Tamadoge presale is running until Q4 2022. Tamadoge (TAMA) - Next Big Meme Coin Our Rating Beta Sale Ends Sept 2022 - tamadoge.io Deflationary, Low Supply - 2 Billion Move to Earn, Metaverse Integration on Roadmap NFT Doge Pets - Potential for Mass Adoption Play to Earn Utility - Rewards Token Learn More Battle Infinity - Latest Metaverse Game Our Rating Presale Sold Out Early - battleinfinity.io Upcoming Listing on PancakeSwap Fantasy Sports Themed Games Play to Earn Utility - IBAT Token Powered By Unreal Engine Solid Proof Audited, CoinSniper Verified Learn More FAQs What is Chia Coin coin used for? Like BTC, Chia Coin can be used as a way for people to send funds to one another in a decentralized manner. In addition, those who allow their disk space to be used for farming can earn XCH regularly – much like mining rewards. Is Chia Coin a good investment? It’s difficult to say whether XCH is a good investment since the token’s price is down over 98% from May 2021’s all-time highs. However, risk-seeking investors who believe the token could rebound may see this as an opportunity to buy XCH at a discount. How much is Chia Coin worth? At the time of writing, the Chia price is hovering around the $42 level. This represents a 98% decrease from May 2021’s all-time highs. What will Chia Coin be worth in 2025? Our Chia Coin price prediction estimates that the token could be worth $800 by the end of 2025. This would represent a 1,800% increase from today’s price. This article was written for Business 2 Community by Connor Brooke.Learn how to publish your content on B2C Author: Connor Brooke Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has … View full profile ›More by this author:ACH Crypto Price Prediction 2022 – Is it a Buy?Lucky Block Partners with Dillian Whyte ahead of Heavyweight Showdown with Tyson FuryNFT Pixel Art – The Best NFT Collections for 2022 Want to list your brand? Email us Stay Connected Join over 100,000 of your peers and receive our weekly newsletter which features the top trends, news and expert analysis to help keep you ahead of the curve Get the Best of B2C on our Telegram: Join Channel