In this guide, we will voice our own and market’s opinion on PHA future while discussing the Phala Network price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Phala Network.
Now, let’s head into it. Before we delve deep into the Phala Network price prediction and answer questions if PHA is a good investment or not, why will PHA succeed or fail or why will Phala Network price rise or drop, let’s quickly throw a glance at what PHA is and its to date history.
What you'll learn 👉
PHA Price Prediction For The Next 90 Days
Following the landmark approvals of Bitcoin ETFs in early 2024, there has been a surge in interest from both retail and institutional investors. This could be a game-changer for crypto. However, the market has just experienced its biggest crash in history. On February 2nd and 3rd of 2025, over $2.3 billion was liquidated, marking the largest market wipeout in recent years. Following this, March was not kind to crypto either. This caused Bitcoin\\\'s price to drop to the $80k range, while Ethereum plunged to around $1.5k. Other major altcoins like DOGE, XRP, and several top projects fell over 40%, creating the highest level of uncertainty in months. Despite the turmoil, ETFs remain live and actively trading, showing continued institutional interest. However, analysts are deeply divided on the market\'s next direction. Some believe the bull run is still intact, while others argue that Bitcoin already topped at $109K in January, signaling the start of a prolonged downtrend. With the regulatory landscape beginning to stabilize and provide clearer guidelines, crypto traders are hopeful that the market will recover. Still, macroeconomic factors such as Trump’s economic tensions with major trade partners are creating additional volatility. Bitcoin ETF approvals in early January last year set a positive tone for the market, but now, the focus has shifted toward whether Bitcoin will reclaim its highs or enter a deeper correction. The BTC halving and ETH ETF approvals are already behind us, and Ripple was fined $125 million by the SEC in a recent ruling. While XRP supporters see this as another step forward, the market remains fragile. The majority of investors, traders, and influencers had hoped for the peak of the bull run to come in mid-2025, driven by ETF approvals, historical post-halving rallies, and typical 4-year cycles. However, the recent crash has thrown these expectations into doubt. Last year’s hottest sectors—memecoins, RWA, and AI projects—must now navigate a more turbulent market environment.
Below is a tabular overview of how will PHA develop in the short-term (for the next 90 days), according to our prediction model:
Essential tools you need to succeed in crypto
Wallets
Hardware wallets are the safest! Pick one of the three:
✔️Ledger Nano X
✔️Trezor
✔️CoolWallet Pro.
Tax Calculators
Don’t get in trouble with the government let these magic tools do all the heavy-lifting when it comes to your crypto taxes:
✔️Koinly
✔️Cointracking
✔️ZenLedger.
Trading Tools
A good charting tool is a must if you want to try yourself out as a day-trader. ✔️Tradingview is best known but
✔️Bitsgap
✔️Coinrule
✔️Cryptohopper
are also excellent plus they allow automated trading.
Phala Network Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC first saw an impressive gain, hitting a new ATH of around $73K in March, but then retraced during the summer. However, the BTC price again had a strong rally in late 2024 and hit an all-time high of over $109K in January this year. Total market capitalization is currently at around $2.50 trillion (it was around $1 trillion in June 2023).
Bitcoin halving happened in April last year, and historical data tells us the BTC price starts to rally 6-12 months after the halving, but we are not seeing that rally yet.
Despite the previous market optimism, the crypto market just suffered its biggest crash in history in early February this year with multiple crashes in March and April. Bitcoin dropped below $80k, while Ethereum fell below $2k Many altcoins plunged by over 50%.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
PHA Price Prediction 2025
Our prediction model sees PHA reaching $0.2423 in 2025.
What will PHA be worth in 5 years?
The price of PHA in 5 years could lie around $0.2290, according to Captainaltcoin’s prediction model.
Phala Network Price Prediction 2030 – 2040
What Phala Network will be worth in 2030?
Our forecasting model sees Phala Network reaching $0.6057 in 2030.
What Phala Network will be worth in 2040?
Our forecasting model sees Phala Network reaching $1.21 in 2040.
Will Phala Network replace / surpass / overtake Bitcoin?
No, Phala Network will not replace or overtake BTC.
Can Phala Network reach $10?
Yes, it is possible that Phala Network can reach $10 but only in a distanced future, after 2030.
Can Phala Network reach $100?
No, our prediction model sees no possibility for Phala Network to reach $100 in the short or mid-term period.
Can Phala Network reach $1000?
No, our prediction model sees no possibility for Phala Network to reach $1000 in the short or mid-term period.
Is Phala Network worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Phala Network is worth buying.
Is Phala Network a good investment?
Phala Network is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Phala Network be worth?
For the short-term future, it could reach $0.0727. In the long-term (8-10 years), it could jump to $0.6057 or even higher.
Why will Phala Network succeed and go up in price?
Phala Network has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Phala Network rising up to $0.6057 in 2030.
Why will Phala Network fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will Phala Network go?
Our forecasting model sees Phala Network price exploding and reaching $1.21 in a distant future.
What is the short-term prediction for Phala Network?
Phala Network will reach $0.0727 in the next 90 days, which is a 38.8% change over the current price which hovers around $0.1188.
Can Phala Network make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Phala Network millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Phala Network could make you a millionaire.
Phala Network Price Prediction Today - What will be the price of Phala Network tomorrow?
Phala Network will hover around $0.1189 tomorrow.
Can Phala Network reach $1?
Yes, Phala Network can reach $1 by the end of 2024.
Read also:
- Centrifuge Price Prediction | CFG Price Forecast
- Proton Price Prediction | XPR Price Forecast
- Metal Price Prediction | MTL Price Forecast
- Ultra Price Prediction | UOS Price Forecast
- MVL Price Prediction | MVL Price Forecast
- Dogelon Mars Price Prediction | ELON Price Forecast
- WhiteCoin Price Prediction | XWC Price Forecast
- Coin98 Price Prediction | C98 Price Forecast
- Alitas Price Prediction | ALT Price Forecast
- INO COIN Price Prediction | INO Price Forecast
