iExec RLC Price Prediction 2022-2026

The iExec RLC price prediction involves careful analysis of the charts to establish the most probable prices in the future, assuming other external factors are kept constant. Most of our analyses are purely reliant on price action and do not depend on the possible news that could affect the price of RLC tokens in the future.

One significant determinant of the iExec RLC price predictions is the performance of its decentralized computing platform that is expected to revolutionize the world of computing. iExec aims to offer cloud computing resources whenever they are on demand.

Let’s have a deeper understanding of the iExec platform before forecasting the future price of its native token, RLC.

iExec RLC Price Prediction 2022-2026 1

Image courtesy of CoinMarket Cap

iExec RLC Overview

The radical developments in the blockchain space have sparked innovations in several aspects of the tech space. iExec is one of the leading blockchain technology innovators, as it provides a unique solution to the computing world.

The platform offers decentralized computing services that instantly allow the commercialization of computing power and resources using blockchain technology.

The iExec platform mainly focuses on computing power to improve well-known fields such as Artificial Intelligence, fintech, and big data. Other notable areas of focus include healthcare and rendering as well.

The iExec network comprises a vast network of iExec workers who are essentially computing resource workers who are typically rewarded with RLC tokens upon connecting to the network.

Latest developments

2021 was quite a year for the iExec ecosystem, with them getting innovations and exploring new partnerships. They explored partnerships with companies like Azure and Microsoft in a bid to cement their spot in the crypto world. They were all about exposure and improving the ecosystem in 2021. 

2022 is promising to be another productive year for the ecosystem as they are looking to explore web 3; this was announced on their Twitter page on 5 January 2022. The next day, they advertised that they were hiring personnel that would help along their journey into web3. Other plans are indeed in place to improve the ecosystem, and the coin is one to watch out for in the coming years.

  • On 15 December 2021, iExec developers, in partnership with Coinbase, announced they would launch an Earn Program. The scheme is set to increase the fame, perception, and acquisition of the RLC coin.
  • iExec announced on 8 December 2021 that they would be sponsoring a hackathon bounty at the Ethereum Denver occasion in February 2022; this will go a long way in giving the iExec dev team a much-needed exposure. It will be easier to trust them and adopt the RLC coin if they become popular.
  • iExec, in partnership with Microsoft and Azure, announced on 3 November 2021 that they would explore confidential computing using Intel SGX. 

What is RLC?

The RLC tokens are issued to workers who commit their computing power to the iExec network. However, the network isn’t only limited to those who can offer cloud resources. iExec workers can also earn RLC tokens by providing valuable resources to the iExec network users.

For instance, the users can contribute applications by monetizing their algorithms. Similarly, big data owners can make their data available to iExec users in exchange for RLC tokens.

The platform offers a wider variety of services that guarantees a broader target market. Therefore, there are higher chances of the platform remaining relevant over the years, making RLC tokens relatively safe for long-term investors.

Therefore, having understood the utility of RLC tokens within the iExec network, let’s analyze the historical price of the RLC coin to project its expected future price using the advanced technical analysis tool available to us.

iExec Overview

iExec Overview

CoinSymbolPriceMarketcapChangeLast 24hSupplyVolume (24h)
RLC$ 2.80$ 200.03 M1.37%71.33 M$ 8.85 M