Current situation (August 23, 2025):
- Price: ~$0.3433–0.402 USD (based on data from CoinMarketCap, CoinCodex, Binance).
- Context: RED is the native token of RedStone, a DeFi oracle on Ethereum and other EVM-compatible blockchains, launched in 2023. The platform provides data for lending, DeFi protocols (Spark, Morpho, Compound) and processed $10 billion in credit turnover. Market capitalization: ~$108–112 million USD (ranking ~502–600). Trading volume: ~$6.73–24.2 million USD/24h. Circulating supply: ~280 million RED, maximum: 1 billion. The price has fallen by ~40% from ATH ($0.65, July 2025), but remains stable: +2.29% over 24h (@web:4, @post:3). Positive on X: listing on Revolut (60M+ users), launch of ATOM (instant liquidations), Bolt (oracle with 2.4 ms update) (@post:3, @post:6, @post:7). Criticism: volatility, unlocks (@Greta0086).
Technical forecast for 2026:
- Prices:
- Optimistic: $0.618–$1.139 USD (growth of 50–183%) in a bull market and success of Bolt/ATOM (@web:2).
- Neutral: $0.36–$0.68 USD (growth of 0–70%) (@web:8, @web:1).
- Pessimistic: $0.33–$0.35 USD during correction or regulatory restrictions (@web:8, @web:1).
- Levels:
- Support: $0.33–0.34 USD, $0.29–0.31 USD (@web:2).
- Resistance: $0.41–0.42 USD, $0.50–0.62 USD (@web:2).
- Trend: Neutral with bullish signals. The daily chart shows consolidation (RSI ~58.12, 50 MA close to 200 MA, @web:2). A breakout at $0.42 may raise the price to $0.50–0.62, a drop below $0.33—down to $0.29 (@web:2). Forecasts: CoinCodex — $0.618–1.139 (@web:2), Binance — $0.4057 (@web:4), 3commas — $0.33–0.40 (@web:8).
Fundamentals:
- Growth drivers:
- Ecosystem: RedStone serves 80+ DeFi protocols (Lido, EtherFi, Ethena), ATOM and Bolt enhance liquidity and data speed (@web:1, @post:4). TVL: ~$50–100 million.
- Partnerships: Binance, Revolut, MEXC, Bybit, Hyperliquid (@web:4, @post:5).
- Tokenomics: 28% of tokens in circulation, unlocks until 2030. Staking (APR ~3–5%) and fee burning create scarcity (@web:4).
- Community: Positive on X, expectations of growth to $0.50–1.00 (@post:3, @post:6). The oracle market is growing (CAGR ~25% by 2030). Bitcoin halving (2024) and pro-crypto policies in the US support the market (@99Bitcoins).
- Risks:
- Regulation: SEC may classify RED as a security (@web:2).
- Volatility: Low market cap (~$108 million) vulnerable to whales (@web:8).
- Unlocks: ~720 million tokens until 2030 may pressure the price (@web:4).
- Competition: Chainlink, Pyth, API3 in the oracle space (@web:1).
- Pessimism: 3commas and TradingBeasts forecast $0.33–0.37 (@web:8).
Recommendation:
- For investors: Buy on correction to $0.33–0.34 USD, stop below $0.29 USD. Target: $0.50–0.62 USD. Staking (APR ~3–5%) for income.
- For traders: Buy on breakout at $0.42 USD, target $0.50–0.62 USD. Sell below $0.33 USD, target $0.29–0.31 USD.
- Risk: 0.5–1% of deposit due to volatility, unlocks, and regulatory risks.
Risks: Regulation, competition, unlocks, whale manipulation, declining interest in DeFi/oracles, falling ETH/BTC.