NEWT Price Prediction: Newton Protocol volume and active Address reached peak, target price is $0.82

The Newton Protocol (NEWT) has shown impressive gains recently, reporting a price of $0.5178 during the Asian early trading session today (25th), with a daily increase of over 30%. The 24-hour trading volume of NEWT has also grown by 1070%, currently reaching $1.68 billion. Analysis outlook suggests that as the trading volume and active Addresses peak, NEWT is expected to challenge the target price of $0.82.

The surge of NEWT is consistent with the broader altcoin momentum, as Bitcoin (BTC) outperforms major altcoins and is widely driven by the capital rotation of major cryptocurrencies into smaller-volume and market capitalization cryptocurrencies, as investors' risk appetite makes a strong return to the market.

Newton Protocol, developed by Magic Labs, is an on-chain financial automation layer based on Ethereum (ETH). It leverages advanced technologies such as Trusted Execution Environment (TEE) and Zero-Knowledge Proofs (ZKP) to verify the accuracy of each off-chain decision. The platform aims to transform automated trading into a proof with minimal trust and unlock agency finance across multiple blockchains.

Since its launch on mainstream CEX in June, the price has skyrocketed

The NEWT token was launched on mainstream CEX on June 25, with widespread market concerns about insider trading and uneven token distribution. The project has top-notch information disclosure standards and transparent documentation, with a total supply cap of 1 billion, and a current circulating supply of 215 million NEWT.

One of the major advantages of NEWT is the elimination of insider trading, preventing traders on decentralized exchanges (DEX) from dumping tokens before the official launch announcement. As a protocol that supports secure artificial intelligence automation and gives users complete control over their crypto assets, Newton also addresses the issue of technical trust through verifiable AI agents, while the NEWT token embodies its economic trust through a transparent token distribution mechanism.

After the airdrop ends, NEWT will be listed on the exchange immediately, with trading pairs including USDT, USDC, BNB, and ETH. The token's listing on Ethereum is crucial for stimulating early trading volume and subsequent demand.

After its debut on the CEX trading platform, the value of NEWT surged by 40%, demonstrating strong investor confidence and active community participation. The continued positive momentum is also attributed to the support from heavyweight venture capital institutions such as PayPal Ventures and Polygon Ventures for the Newton Agreement.

With the volume and active Address reaching a peak, the target price for NEWT is $0.82

On July 23, NEWT broke through the seven-day resistance level of $0.45, triggering buying from algorithms and retail investors. The token's seven-day RSI is at an overbought position of 85.28, indicating strong speculative interest, with trading volume soaring to $1.6 billion, and the number of active addresses for the Newton Protocol reaching a historical high of 12,000. The MACD shows a bullish crossover, and the Bollinger Bands have expanded on the four-hour chart, suggesting that prices will rise further.

This pattern aligns with the symmetrical triangle breakout, which historically often signals a strong rebound. According to technical analysis, if NEWT can maintain a sustained bullish momentum, its short-term target price is $0.82.

(Source: CoinMarketCap)