Hedera Price Prediction 2024, 2025-2030: Will HBAR Price Rise To $1?

Entering the top performer’s list after an eternity, Hedera is finally making waves in the crypto industry. With a bullish trend reversal and developments in Saudi Arabia, the HBAR price is rising fast and reclaims the $0.10 mark.

With a Carbon negative commitment, the efficiency of hashgraph consensus enables it to be the most sustainable public network. Based on the average energy consumed per transaction (0.000003 kWh).

Wondering if the increased bullish sentiments will propel the coin to surpass the $1 milestone soon?

Look no further, as we decode the plausible HBAR price prediction for 2023 and beyond.

History Of Hedera?

Hedera is the only public distributed ledger technology. That makes use of the fast, fair, and secure hashgraph consensus mechanism to run dApps. The network was developed in mid-2010, co-founded by Leemon Bird. However, the initial release of the native token HBAR happened seven years later, by July 2017.

The platform has two founders: Dr Leemon Baird and Mance Harmon. Dr Leemo Baird has previously worked as the investor of the network’s distributed consensus algorithm and presently works as Hedera’s chief scientist.  Before founding Hedera, Baird worked in various computer science and security roles. And accumulated more than a year of experience at the Academy Center by Cyberspace Research. 

Another co-founder, Mance Harmon is presently the CEO of the Hedera network. Harmon gained over 2 years of experience holding executive roles at reputed tech firms. Including these founding members, team Hedera also comprises a large number of dedicated individuals.

Hedera Live Price Chart

Notably, over the past 24 hours, HBAR witnessed a 0.17% change, hitting a peak of  $ 0.1112 and a low of  $ 0.1058.

Hedera Price Prediction 2024 – 2030

HBAR Price Forecast 2024

If any regulations or changes in governments across the globe occur, Hedera’s (HBAR) price may undergo a tough time. That could result in a potential low of $0.0398. If the protocol emerges as a top player in terms of deploying dApps and other improvements.

Then the asset would clinch a maximum of $0.0865 by the end of 2023. Successively, constrained by a linear momentum, the regular price might find a base at $0.0631. 

HBAR Price Prediction 2023 – 2030

HBAR Price Prediction 2024

The altcoin could make the most out of the year if the team behind the project employ catalysing initiatives. Which could further seek impetus from Bitcoin’s halving event. In such a case, the price of HBAR might propel to its maximum of $1.08 by the year’s end.

On the flip side, the digital token could slump to the lows of $0.0723.

Hedera Price Prediction 2025 

By the time we reach 2025, fundamental traits such as faster speeds, carbon negativity, and predictable gas fees could significantly influence the price projection of HBAR. It is expected that the price might surge to a maximum of $1.296 by the end of the next five years.

On the flip side, the emergence of rivals and a potential decrease in prominence could bring the price down to $0.0868. However, when considering both the bullish and bearish targets, the regular price is anticipated to settle at around $0.6914. 

Hedera Price Prediction 2026

Moving forward to 2026, forecast prices and technical analysis project that Hedera’s price is expected to reach a minimum of $0.1041. On the higher end, the price could escalate to $1.5552, with an average trading price hovering around $0.8297.

Hedera Price Prediction 2027

Looking ahead to 2027, the optimism around Hedera continues as the price is forecasted to reach a low of $0.1249, with a potential high touching $1.8662 and an average forecast price of $0.9956, showcasing significant growth.

Hedera Price Prediction 2028

As we advance to 2028, predictions indicate that the price of a single HBAR could reach a minimum of $0.1499, with the ceiling potentially rising to $2.2395 and an average price expected to be $1.1947, underscoring a bullish sentiment.

Hedera Price Prediction 2029

By the time 2029 rolls around, it’s predicted that Hedera’s price will maintain its upward trajectory, reaching a minimum of $0.1799, with the maximum price possibly reaching $2.6874 and an average of $1.4336, reflecting sustained investor confidence.

Hedera Price Prediction 2030

Looking further into the future, by 2030, HBAR is predicted to touch its lowest price at $0.2159, while aiming for a high of $3.2249 and an average price of $1.7204, suggesting a long-term positive outlook for Hedera’s market value.

What Does The Market Say?

Fundamental Analysis

Hedera Hashgraph was launched with the aim to build a trustworthy, safe, and empowered digital future for all individuals. The network is governed by over 39 term-limited and highly diversified global organizations and institutions. Including Boeing, chainlink labs, Ibm Ix, swirlds, Tata communications, uefachampions and more.

The initial coin offering (ICO) was done in August 2018. And then a year later in September 2019, the firm launched open access to its mainnet. Hedera is known for the higher transaction speeds, and statistics say that around 10,000 transactions are possible per second. And that is why it is often referred to as a superior blockchain as all payments are rapid, fair, and secure.

The native token HBAR mainly serves two purposes within the Hedera public network. Firstly, HBAR acts as the fuel that actuates Hedera services including regular transactions, smart contracts, and file storage. Secondly, the token is used to enhance network security.

Its Proof-of-stake (PoS) public network, is backed by a Hashgraph consensus mechanism. Attains the highest level of security possible, with electrifying fast and secure transactions and low bandwidth consumption.

Hedera Historical Market Sentiments 2019 – 2024

• The year started with a negligible price figure and remained the same for a few months. 
• However, by September, the closing price was seen moving between $0.03 and $0.05. 
• The price trends were highly wavering and by the end of 2019, the price dropped and was at $0.01.

• The year commenced with a price of $0.01 and remained the same for the first month. 
• However, by February, the price surged and was sailing high, swinging between $0.02 and $0.07. 
• By mid of 2020, the price was steadily moving at $0.04. But by the end of 2020, the price dropped to $0.03.

• The HBAR price started the year at $0.03 and stayed the same negligible for the first few days. 
• Hedera’s price rallied to $0.1 from $0.03 by February’s first week. This was a result of the network’s continuous efforts during early January. 
• The announcement of Google joining its governing council pushed the HBAR price by 300% to its ATH at $0.5059.
• After oscillations and speculations of the crypto ban and FED’s interest rate tapering, the HBAR price bogged down to $0.224 by the year’s end.

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