Telos (TLOS) Price Prediction 2024, 2025, 2030, 2035 | Will TLOS Rise?

May 2, 2024
7:48 am
Ethereum Ecosystem Token, Nft, Project Guides

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Introduction

The global influence of cryptocurrencies is reshaping the financial landscape, providing new opportunities and challenges. Amidst this evolution, Telos (TLOS) has emerged as a significant player, captivating the attention of investors and enthusiasts.

In this extensive article, we will explore the growing impact of cryptocurrencies, introduce Telos, delve into its history and features, and provide detailed price predictions for 2024, 2025, 2030, and 2035.

Cryptocurrency Overview

What is Telos (TLOS)?

Telos (TLOS) is a dynamic blockchain-based cryptocurrency designed for the seamless deployment of smart contracts, decentralised applications (DApps), Web3 games, and tokens, including Non-Fungible Tokens (NFTs).

Its origin dates back to 2018, and it has rapidly evolved into a fast and cost-effective alternative to the Ethereum network.

Telos achieved a significant milestone in October 2021 with the launch of its virtual machine functionality (tEVM), making it compatible with Ethereum’s smart contracts. Blocktivity ranks Telos as one of the most active blockchains globally.

A Brief History of Telos

The Telos platform was founded by Douglas Horn, Justin Giudici, and Jesse Schulman. The white paper emphasises community-driven development, and the project distinguished itself by not conducting an Initial Coin Offering (ICO) or seeking venture capital funding. Instead, the founders relied on community and independent investor support.

In 2021, Telos announced partnerships with SushiSwap and Multichain, the latter being a router facilitating connections between applications and protocols on multiple networks.

Notable partners also include Consensys, CryptoPunks, PancakeSwap, and Uniswap. The Telos community voted in favour of the TEDP4 proposal in May 2023, signalling a transition to a full Layer 0 solution to enhance interoperability, especially in the Web3 gaming sector.

Key Features

Telos operates on the delegated proof-of-stake (DPoS) consensus algorithm, boasting over 15,200 transactions per second (TPS) and 1,826 swap TPS.

This speed, coupled with minimal fees, positions Telos as a suitable network for microtransactions, a financially unviable feat on the Ethereum blockchain due to high gas fees.

Telos’ tEVM enables the execution of Ethereum token standards (ERC-20, ERC-721) and Solidity-based smart contracts several times faster than on Ethereum without requiring code modifications. An audit by Sentnl highlighted the efficiency of Telos’ DPoS consensus algorithm and EOSIO software.

The native token, TLOS, can be securely stored in Telos’ native web wallet.

Telos (TLOS) Price Predictions by Year

To provide a snapshot of Telos’s potential growth, let’s look at predicted maximum, average, and minimum prices for cryptocurrency for 2024, 2025, 2030, and 2035.

Year	Max Price (USD)	Average Price (USD)	Min Price (USD)
2024	$1	$0.5	$0.2
2025	$1.5	$0.7	$0.4
2030	$2	$1	$0.8
2035	$5	$3	$2

Detailed Yearly Predictions

2024

In 2024, Telos is expected to see a maximum price of $1, an average of $0.5, and a minimum of $0.2. This prediction takes into account various factors influencing the cryptocurrency market.

Factors Influencing Price:

Market Trends: Positive market trends may increase investor confidence, leading to a higher demand for Telos.
Technological Advancements: Any significant technological developments on the Telos platform may positively impact its price.

2025

As we move into 2025, the predictions for Telos suggest a maximum price of $1.5, an average of $0.7, and a minimum of $0.4. The market conditions and technological advancements will play crucial roles in shaping these outcomes.

Factors Influencing Price:

Potential Partnerships: Collaborations with other blockchain projects or businesses could boost Telos’ adoption and its price.
Market Sentiment: Positive market sentiment towards cryptocurrencies, in general, could propel Telos to higher price levels.

2030

Looking ahead to 2030, the predicted maximum price for Telos is $2, with an average of $1 and a minimum of $0.8. The long-term outlook considers sustained growth, technological evolution, and broader market trends.

Factors Influencing Price:

Continued Development: Ongoing improvements and updates to the Telos platform may contribute to its long-term success.
Regulatory Environment: Favorable regulatory developments could attract institutional investors, positively impacting Telos’ price.

2035

The far-reaching prediction for 2035 suggests a maximum price of $5, an average of $3, and a minimum of $2 for Telos. This extended forecast anticipates substantial advancements in the blockchain space and sustained demand for decentralised applications.

Factors Influencing Price:

Mass Adoption: Increased adoption of decentralised applications on the Telos platform could drive demand for TLOS tokens.
Global Economic Conditions: Macroeconomic factors and global financial conditions may influence the overall cryptocurrency demand, impacting Telos’ price.

Buying Guide

Step-by-Step Guide on How to Buy Telos (TLOS):

1. Choosing an Exchange:

Telos is available on several exchanges, including Gate.io, Bitget, Kucoin, CoinEx and MEXC. Select an exchange based on your needs, considering fees, security, and user interface preferences.

2. Setting Up an Account:

Once you’ve chosen an exchange, set up an account by providing the necessary personal information and undergoing a verification process.

3. Selecting Payment Methods:

After your account is set up and verified, link a payment method. Most exchanges accept bank transfers, credit cards, and sometimes PayPal.

4. Storing Telos Securely:

After purchasing Telos, it’s crucial to store it securely. While exchange wallets are an option, transferring tokens to a private wallet, especially a hardware wallet for long-term holding, is recommended for enhanced security.

How Can Crypto Investors Use Telos (TLOS)?

Buy and Hold:
- Strategy: Investors can adopt a long-term strategy, holding Telos with the expectation that its value will increase over time. This approach is suitable for those who believe in Telos’ long-term potential.
Trade:
- Strategy: Active traders can buy and sell Telos on cryptocurrency exchanges, taking advantage of price fluctuations. This approach requires market knowledge and a more hands-on approach to capitalise on short-term price movements.
Use The Platform:
- Strategy: Investors can actively use the Telos platform to perform tasks and earn Telos tokens as payment. This engagement provides an opportunity to learn more about the platform and earn additional tokens.

Frequently Asked Questions (FAQs)

Does Telos have a future?
- Telos’ future depends on various factors, including market trends, regulatory developments, and ongoing innovations. Continuous advancements and positive market sentiment may contribute to its sustained relevance.
Will Telos (TLOS) reach $1?
- While predictions suggest a potential maximum price of $1 in 2024, it’s crucial to acknowledge the speculative nature of cryptocurrency predictions.
- Various factors will influence whether it achieves this target, including market dynamics, technological advancements, and global adoption.
How does Telos differentiate itself from other blockchain projects?
- Telos distinguishes itself by focusing on high transaction throughput, minimal fees, and a community-driven approach. The platform’s compatibility with Ethereum smart contracts and emphasis on user empowerment set it apart.
Is Telos suitable for the development of decentralised applications (DApps)?
- Yes, Telos is designed to support the development of decentralised applications (DApps) and offers features like high transaction throughput, low fees, and compatibility with Ethereum smart contracts.