GALA Price Prediction 2024, 2025, 2026, 2030 and 2040 in INR & USD: Can GALA coin Reach $1?

GALA coin has recently become one of the top five trending cryptocurrencies on Coinmarketcap and one of the best gaming crypto after surging over 200% in the summer of 2024!!

That generated multiple questions in the minds of crypto enthusiasts, such as:

What brought this jump in GALA coin price?

Will the GALA keep rising?

And Can the GALA coin reach $1?

Since addressing your curiosity is our favorite job, we have drafted this GALA price prediction blog to cover all your queries. First, we will cover the GALA price prediction for 2024, 2025, 2026, 2030, and 2040. Then, we will discuss the most searched questions about GALA.

So, put on your reading glasses once again and let’s get started!

A Short Preview of Gala Coin (GALA)

GALA is the core utility and gas token of the Gala Games. Players in Gala Games use this Ethereum-based cryptocurrency to buy digital artefacts and other in-game NFTs. GALA tokens also empower users to engage actively in the platform's decision-making processes.

What sets Gala Games apart from its competitors is its ensemble of high-quality AAA-level games, some accessible to players even without charges. It was founded in 2019 by Eric Schiermeyer, a well-known gaming expert, and many other like-minded gaming enthusiasts and blockchain developers. They aimed to make Gala Games a strong and large Web3 platform that could compete with mainstream gaming options.

The Gala Games network currently has more than 16,000 player-run nodes to secure itself. These node operators receive a Daily Distribution of gifts and GALA tokens for their contribution.

GALA coin has a capped supply of 50 billion. In May 2023, Gala Games rolled out the new GALA (v2) tokens with several improvements, like a better burn mechanism and security upgrades. Addresses that hold GALA tokens received the new GALA (v2) tokens in the 1:1 token airdrop. After finishing the airdrop, the Gala Games core team burned almost 21 billion GALA tokens worth over $600 million to show its support towards the Gala community. Moreover, the GALA token undergoes a halving in its Daily Distribution every year on the 21st of July.

(as of May, 2024)

This quick overview will help you easily understand the GALA price prediction (INR & USD) we provided in the below sections.

But before that, let’s explore the history of the GALA coin a little.

Gala Coin (GALA) Price History

Analyzing GALA's price prediction through its price history provides valuable insights. This history began in November 2020 when the GALA token became available for trading at nearly $0.0014. It was welcomed by strong volatility in the early months, causing it to hit its all-time low of $0.000151 by December 2020.

However, with the beginning of a bullish trend, things took a turn for the good by the end of 2020. This reversal in movement quickly led the GALA coin price to return to $0.001 by the first week of January 2021. This surge resulted from Metaverse and Play-to-Earn gaming gaining traction. The sharp upward rally continued till March when GALA's price was trading at $0.03. It was a remarkable surge of 2900% in less than three months. GALA soon went into a correction phase, resulting in the GALA coin price dropping to $0.006 by June 2021. However, that’s when GALA again started to rise faster than before. It reached $0.71 in November 2021 by breaking three major support levels. This period of one of the strongest bull rallies in the history of crypto benefitted GALA positively. A partial reason was the introduction of VOX NFTs and Town Star NFT Game in the last quarter of 2021, which further contributed to the GALA hype and price growth. With all that force, GALA's price hit its new ATH of $0.83 in November 2021. GALA ended the year at $0.45.

Like other cryptocurrencies, GALA’s price also experienced a significant drop. With significant crypto institutions like Celsius, Three Arrows Capital, BlockFi, TerraLUNA and more collapsing one after another, the year proved extremely disastrous for the entire crypto market. Furthermore, rising inflation, tightened monetary policies by central banks, and other global uncertainties impacted investors’ confidence in volatile assets like cryptocurrencies. Thus, GALA's price followed a downward trend throughout the year, closing the year at $0.018. This was a drop of 96% from the price at which it initiated the year.

Right from the beginning, 2023 was a correction year for GALA. The token underwent significant recovery in the first two months and rose to $0.059 by the beginning of February. The positive market sentiments due to the launching of the first Bitcoin-based NFTs were the key contributors behind this surge. However, GALA quickly went off track, resulting in a substantial price drop for the next few months. Despite launching the new GALA (v2) contract in May 2023, GALA's price did not stop falling. It lost most of its January gains by dropping to $0.013 by October. However, multiple coins made three-digit gains in the last two months of the year due to the high anticipation of US-based first Spot ETFs launching in 2024. GALA coin, too, jumped onto this bullish bandwagon and managed to surge nearly 300% by mid-December 2023. GALA price was at $0.031 by the end of 2023.

At the time of writing, GALA is trading at $0.069. But with its all-time high of $0.8 and meteoric rise in a short time, a legit question that comes up is: Can GALA reach $1?

We will shortly address this question with a logical approach. But before that, let’s first go through GALA price prediction for 2024, 2025, 2026, 2030 and 2040 (in INR & USD).

GALA Price Prediction 2024 (INR & USD)

The overall performance of GALA so far makes our 2024 GALA price prediction bullish. Since the beginning of 2024, GALA's price has surged over 200% in less than two months. Interestingly, this increase in GALA price is not coincidental but is backed by some strategic steps taken by the GALA team.

One trigger was the Gala Games’ announcement on March 8, covering the details of the economic system of a new blockchain-based game called Last Expedition. Since this economic system will involve the GALA coin as a crucial supportive factor, investors saw a direct positive impact on the GALA price. It also recently announced a collaboration with Alienware and Amazon Web Services (AWS) to host a hackathon event at the 2024 Game Developers Conference (GDC). This hackathon will have a prize pool of $1 million.

The participants of the hackathon will use GalaChain SDK to create projects related to gaming and blockchain. This collaboration showed the Gala's strong commitment to promoting innovation in the gaming industry. With these moves, GALA made a noteworthy comeback in the P2E sector. Moreover, the overall market sentiments are slowly tilting towards the bullish side, indicating that this upward trend can continue in the upcoming months.

In a recent community event, the Gala Games team also announced the initial version launch of GalaSwap (a DEX platform built on GalaChain). This platform will allow swaps of seven tokens from the Gala ecosystem. Since all swaps on GalaSwap are currently for GALA tokens, the use cases of the GALA coin will significantly increase.

Another crucial factor to consider in GALA price prediction for 2024 (in INR & USD) is the upcoming halving of GALA and BTC. While Bitcoin halving will take place in 2024 after four years, the GALA halving of its daily emission occurs every year on July 21. As we explained in our PEPE price prediction blog, Bitcoin halving has proved extremely positive for the GALA coin price. Thus, halvings in Bitcoin, the largest cryptocurrency, and GALA itself show a huge potential for GALA's price to go parabolic in 2024.

Since GALA is still 91% down from its previous all-time high of $0.83 and has already started to recover, it has a huge potential to show stronger upward trends in the upcoming time.

Thus, considering all the exciting updates associated with the Gala Games ecosystem and the ongoing positive market sentiments due to the Bitcoin halving countdown, our GALA price prediction for 2024 in USD is - $0.2 (maximum), $0.06 (minimum) and $0.09 (average).

This GALA price prediction for 2024 in INR is-  INR 16.5 (maximum), INR 4.9 (minimum) and INR 7.4 (average).

GALA Price Prediction 2025 (INR & USD)

To calculate GALA's price prediction for 2025, it is important to analyse its post-bitcoin halving trajectory. Since its launch, GALA has experienced only one Bitcoin halving in 2020, which initiated its most bullish phase. Within a year after the Bitcoin halving of 2020, GALA's price shot up over 800%, reaching its ATH of $0.83 by November 2021. If GALA repeats this path after the 2024 Bitcoin halving, 2025 can bring huge jumps in its price.

Additionally, the P2E gaming industry is continuously rising due to its ability to combine monetization with games. According to various analysts, the P2E gaming market can grow to over $50 billion by 2025 due to its rising popularity and adoption by mainstream gamers.

Considering these possibilities, our GALA price prediction for 2025 in USD is- $0.93 (maximum), $0.34 (minimum) and $0.67 (average).

This GALA price prediction for 2025 in INR is- INR 77 (maximum), INR 28.18 (minimum) and INR 55.56  (average).

GALA Price Prediction 2026 (INR & USD)

2026 could bring healthy adjustments in GALA's price to prevent excessive speculation. Thus, GALA investors may expect a significant price drop throughout 2026. However, if GALA introduces any new exciting feature, update, token, or collaboration, it can avoid this price correction and maintain its 2025 price levels.

Last time, after going through a shining bull run in 2021, GALA lost most of its yearly gains by the third quarter of 2022. Thus, we can also see a similar pattern in 2026, substantially decreasing its price.

That’s why our GALA price prediction for 2026 in USD is - $0.31 (maximum), $0.09 (minimum) and $0.11 (average).

This GALA price prediction for 2026 in INR is - INR 25.7 (maximum), INR 7.46 (minimum), INR 9.12 (average).

GALA Price Prediction 2030 (INR & USD)

All the market predictions about the P2E gaming sector for 2030 are extremely bullish. The P2E industry can witness a transformative shift, where gameplay will not just be about entertainment but also a viable source of income for current and future generations.

According to Playtoearngames.com, the blockchain gaming market can surge from $154.46 billion in 2023 to $614.91 billion by 2030. Another report from Grand View Research states that the blockchain gaming market is expected to grow at a CAGR of 68.3% from 2023 to 2030. 

Because GALA is one of the trending P2E gaming platforms in the crypto space, it can hugely benefit from the growing popularity of P2E gaming. Moreover, the GALA halving and burning protocols will further balance this crypto's demand and supply equation in the upcoming years.

Therefore, our GALA price prediction for 2030 in USD is - $1.23 (maximum), $0.98 (minimum) and $1.01 (average).

The same GALA price prediction for 2030 in INR is - INR 102 (maximum), INR 81.2 (minimum) and INR 83.7 (average).

GALA Price Prediction 2040 (INR & USD)

Obtaining reliable data for GALA price prediction in 2040 is challenging due to the volatile nature of the cryptocurrency market, uncertainties surrounding its regulation, and other macroeconomic factors. However, considering GALA's current market presence, ongoing developments, and trends, we have arrived at the following conclusion for it-

Our GALA price prediction for 2040 in USD is - $2.79 (maximum), $1.67 (minimum) and $2.34 (average).

This GALA price prediction for 2040 in INR is- INR 231, INR 138.4 and INR 194.

Below is a compiled GALA price prediction table for 2024, 2025, 2026, 2030 and 2040 in INR-

The same GALA price prediction in INR for these years is as follows:

Can the GALA Coin Reach $1?

Currently, GALA is trading at nearly $0.064, which is 92% down from it's all-time high of $0.83, which it achieved in November 2021. For GALA to hit $1, it first needs to break its current ATH of $0.8, which demands a sustained and significant upward price trajectory over an extended period. It will also require GALA to break multiple resistance levels, which will take time and multiple driving factors. Nevertheless, examining GALA's historical price performance reveals notable robust upward movements, particularly during the bullish phase of 2021, when it surged by over 800% in less than a year. Therefore, it seems that GALA can hit the $1 mark, but it will take considerable time and favorable market conditions to reach that level.

Can the GALA Coin Reach $2?

For the GALA coin to reach $2, it would need to experience a significant increase of nearly 3,025% from its current price level. However, this appears unlikely to happen in the near future due to the ongoing market volatility. Additionally, GALA faces stiff competition in the Play-to-Earn (P2E) sector from projects like Axie Infinity (AXS), Sandbox (SAND), Decentraland (MANA), and others.

To reach $2, GALA would need to solidify its position in the P2E space and surpass its competitors in adoption and popularity. While it's not impossible for GALA to reach this milestone, it would likely require considerable time and adoption to achieve such a significant price increase.

Can the GALA Reach $10?

No, GALA reaching $10 does not seem possible anytime soon in the foreseeable future. For 1 GALA to reach $10, the GALA market cap would have to increase significantly, requiring an exponential surge in crypto market fund inflows. However, this scenario involves multiple uncertain factors, including market sentiment, adoption rates, and competition within the Play-to-Earn (P2E) sector. The chances of all these factors aligning perfectly to propel GALA to $10 are quite low. Reaching such a high price level would likely require sustained growth and widespread adoption. Therefore, while it's not entirely impossible, it's highly unlikely that GALA will reach $10 anytime soon.

FAQs

What is GALA price Prediction 2024?

As per our research, analysis, and approach, the GALA price prediction for 2024 ranges between $0.06 and $0.2. Our same GALA price prediction for 2024 in INR ranges between INR 7.4 and INR 16.5.

Is GALA price prediction for 2030 bullish?

Yes, the GALA price prediction for 2030 looks bullish, given the ongoing gaming and blockchain technology forecasts. Moreover, rising crypto adoption and popularity also hint towards a growing crypto economy by 2030. Thus, considering those factors, our GALA price prediction for 2030 in USD is—$1.23 (maximum) and $0.98 (minimum). The same GALA price prediction for 2030 in INR is—INR 102 (maximum) and INR 81.2 (minimum).

What is GALA price prediction in INR?

Here is the GALA price prediction in INR for 2024, 2025, 2026, 2030 and 2040

2024- INR 16.5 (maximum) and INR 4.9 (minimum)

2025- INR 77 (maximum) and INR 28.18 (minimum)

2030- INR 25.7 (maximum) and INR 7.46 (minimum)

2040- INR 102  (maximum) and INR 81.2 (minimum)

Where to buy GALA Coin In India?

Flitpay is the best platform to buy GALA in India. Here you can buy GALA, Bitcoin and more than 100 other cryptocurrencies with utmost ease. It is an FIU-approved cryptocurrency exchange with strong customer support and fast deposits/withdrawals.