Story Highlights
- The live price of Hedera crypto is $ 0.06882921.
- HBAR price could end the trade for 2024 with a potential high of $0.145.
- By the end of 2030, the predicted Hedera price could soar to a peak of $0.859.
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 has reclaimed 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 2024 and the years to come.
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, and co-founded by Leemon Bird. However, the initial release of the native token HBAR happened seven years later, in 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 in 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.
HBAR Price Prediction 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 $0.06. If the protocol emerges as a top player in terms of deploying dApps and other improvements.
Then the asset would clinch a maximum of $0.145 by the end of 2024. Successively, constrained by a linear momentum, the regular price might find a base at $0.102.
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 $0.210 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 $0.09. However, when considering both the bullish and bearish targets, the regular price is anticipated to settle at around $0.150.
HBAR Price Prediction 2024 – 2030
Price Prediction | Potential Low | Potential Average | Potential High |
2024 | $0.06 | $0.102 | $0.145 |
2025 | $0.09 | $0.150 | $0.210 |
2026 | $0.12 | $0.237 | $0.355 |
2027 | $0.16 | $0.313 | $0.467 |
2028 | $0.20 | $0.400 | $0.601 |
2029 | $0.25 | $0.487 | $0.724 |
2030 | $0.29 | $0.574 | $0.859 |
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 $0.12.
On the higher end, the price could escalate to $0.355, with an average trading price hovering around $0.237.
Hedera Price Prediction 2027
Looking ahead to 2027, the optimism around Hedera continues as the price is forecasted to reach a low of $0.16, with a potential high touching $0.467 and an average forecast price of $0.313, 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 $0.20, with the ceiling potentially rising to $0.601 and an average price expected to be $0.400, 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 $0.25, with the maximum price possibly reaching $0.724 and an average of $0.487, reflecting sustained investor confidence.
Hedera Price Prediction 2030
Looking further into the future, by 2030, HBAR is predicted to touch its lowest price at $0.29, while aiming for a high of $0.859 and an average price of $0.574, suggesting a long-term positive outlook for Hedera’s market value.
What Does The Market Say?
Firm Name | 2024 | 2025 |
Wallet Investor | $0.0320 | $0.0225 |
priceprediction.net | $0.086 | $0.13 |
DigitalCoinPrice | $0.12 | $0.17 |
Trading Beasts | $0.0808 | $0.105 |
Fundamental Analysis
Hedera Hashgraph was launched 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, UEFA champions, 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 its 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 price was seen moving between $0.03 and $0.05 but dropped to $0.01 by year-end.
- The year commenced with a price of $0.01 and remained the same for the first month. However, it swings between $0.02 and $0.07. By mid-2020, the price traded at $0.04, but 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.
FAQs
Yes, the stout fundamentals of the network make HBAR a good investment but for the long term.
As per our HBAR price prediction, the digital token might surge as high as $0.145 by the end of 2024.
The network can process over 10,000 transactions in one second.
The HBAR price is anticipated to surge to its potential high of $0.210 by the end of 2025.
HBAR is available for trade across leading cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, etc…
At the time of writing, 1 HBAR was worth $0.07593.