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iExec RLC Price Prediction

An up-to-date iExec RLC price prediction for 2023, 2024, 2025, 2026, 2030. Wondering what is the future of RLC price? Find out iExec RLC price forecast with historical, fundamental and technical analysis.
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iExec RLC Fundamental Analysis

Project name
iExec RLC
Stock Symbol
RLC
Current Price
1.76
Current Supply
86999784.9868455
Launch Date
2017
Official Website

RLC is an ERC-20-compliant token native to the iExec network, which is a project dedicated to building a decentralized cloud infrastructure to provide computing resources for dApps. The iExec ecosystem includes:

  • iExec Marketplace, where the resources are traded;
  • iExec SDK for dApp developers; 
  • dApp Store for the apps built on the iExec infrastructure;
  • Data Wallet to help data providers sell their information.

The project is premised on the limitations of the existing computing solutions. On the one hand, the traditional cloud services offered by companies like Amazon can’t provide the level of decentralization required by many dApps. Besides, cloud services are quite expensive and often aren’t affordable even for those enterprises where decentralization is not essential, like research projects or small startup businesses. The blockchain infrastructure like Ethereum, on the other hand, avoids those limitations, but in its current state, it’s slow, costly, and barely scalable, which hinders the spread of dApps since those require more and more resources as they grow in complexity. So, iExec’s purpose is to bring computing resources to those who need them on an on-demand basis. Those resources are provided by the network’s users called Workers and pooled together to form a distributed cloud. Workers are compensated for their contributions with iExec RLC tokens. High scalability and security are ensured by the use of Domain Specific Sidechain and by the unique consensus protocol called Proof-of-Contribution.

iExec RLC Live Price Chart

After RLC came to market in the spring of 2017, it was mostly trading at ~$0.5-~$0.7. This situation changed in January 2018, after the iExec mainnet went live. At that point the price surged to ~$3.7, later going back down and then up to ~$2.2 again in May 2018. By the end of that summer, however, the RLC coin’s price had experienced a correction and then later fell even lower than the 2017 level, hovering around $0.2-$0.3 for most of the following two years. Then, as the general interest in the blockchain projects rose, so did the iExec RLC price, entering 2021 at ~$0.7. In the first months of 2021, the price kept rising, reaching its peak at stunning $16.26 on May 10, following the iExec’s announcement of the upcoming grants for the developers. Since then, the token’s price has been in sharp decline, reaching ~$2.8 in late June 2021. However, this price level is still higher than the RLC’s average performance, and many experts making RLC price forecasts remain optimistic.

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iExec RLC Technical Analysis

Despite the fact that 100% accurate technical analysis for iExec RLC cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated RLC buy-and-sell rating for selected timeframe. The summary for RLC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

iExec RLC Price Prediction

Below we have collected the most reliable price projections for iExec RLC (RLC) from popular forecast platforms.

iExec RLC Price Prediction for 2023

As of the beginning of 2023, iExec RLC price predictions are mostly pessimistic, predicting a decline to $1.6016 (PricePrediction.net) and even lower, down to $0.1936 (according to WalletInvestor) by the end of 2023.
Potential ROI: -47% Sell

iExec RLC Price Prediction for 2024

In their iExec RLC price predictions for 2024, TradingBeast forecasts the coin’s price to go down to $1.294128 by December. Forecasting iExec RLC future, PricePrediction.net expects further decrease of its price, too, saying the iExec RLC price will reach ~$1.0912 by that time. On the contrary, WalletInvestor keeps predicting iExec RLC price growth, quoting prices around ~$2.5344 in 2024.
Potential ROI: -7% Sell

iExec RLC Price Prediction for 2025

iExec RLC price predictions for 2025 are still predominantly positive, with some analysts promising prices in the $2.3232–$3.2384 range (WalletInvestor, PricePrediction.net), while TradingBeast takes a different view and cites the possibility of the price reaching $1.138833 in December 2025.
Potential ROI: 27% Buy

iExec RLC Price Prediction for 2026

PricePrediction.net has only optimism in store for the 2026 iExec RLC price prediction, valuing iExec RLC at $2.6576 by the end of 2026. WalletInvestor agrees with a positive forecast and predicts, in turn, $2.904 for the same period. On the other hand, TradingBeast’s team is more pessimistic — their iExec RLC price prediction for December of this year is just $1.150221.
Potential ROI: 27% Buy

iExec RLC Price Prediction for 2030

Speaking of long-term iExec RLC price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that iExec RLC price won’t grow further and, opposedly, will decline to $0.747644. PricePrediction.net’s price prediction for iExec RLC echoes with the projection of a downtrend to $0.44. Despite this, WalletInvestor’s vision remains positive, promising growth up to $2.2528.
Potential ROI: -35% Sell
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Summary

As it can be clear from the analysis cited above, iExec RLC (RLC) projections are rather contradictory. There is no universal consensus either about positive or negative future RLC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the iExec RLC projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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