This article was last updated on September 26, 2022
Hedera is a rather important project for developers and colossal enterprises. This makes it a favorable investment at the moment, considering its price drop. Once the market stabilizes, projects such as Hedera (HBAR) will surely do too, which is why we want to share our price prediction with you.
Hedera is one of those projects that have great potential that is already established. This is why we believe it will grow. In this article, you will learn more about Hedera (HBAR), will Hedera reach $1, our price predictions for it, and whether it is a good investment or not.
KEY TAKEAWAYS
- Hedera (HBAR) will somewhat recover in 2022 and reach a price point of $0.1.
- By the end of 2025, Hedera (HBAR) will hit a new all-time high of $0.5.
- Sometime in Q2 of 2030, Hedera (HBAR) will reach a price evaluation of $1.09.
On another note, if you are interested in the crypto world but have no experience yet, we suggest reading through our “Crypto For Beginners” article. Once you’re done reading, you will be left with all the necessary information to navigate through the crypto space.
Over the past week, the price of Hedera (HBAR) remained around $0.0604. The circulation supply is 22.97 billion tokens. The market cap went up to $1.38 billion.
Table of contents
- What is Hedera (HBAR)?
- Can Hedera (HBAR) Reach $1?
- HBAR Price Prediction For 2022 – 2030
- 2022 – Hedera (HBAR) Price Prediction
- 2023 – Hedera (HBAR) Forecast
- 2024 – Hedera (HBAR) Prediction
- 2025 – Hedera (HBAR) Price Forecast
- 2026 – Hedera (HBAR) Price Prediction
- 2027 – Hedera (HBAR) Price Prediction
- 2028 – Hedera (HBAR) Price Forecast
- 2029 – Hedera (HBAR) Prediction
- 2030 – Hedera (HBAR) Forecast
- Our Opinion On Hedera (HBAR)
- Is Hedera (HBAR) a Good Investment?
- How To Buy Hedera (HBAR)
- Conclusion
What is Hedera (HBAR)?
Hedera is a completely open-source, proof-of-stake, public distributed ledger that, unlike the rest, doesn’t use blockchain technology. Instead, it uses the unique hashgraph consensus, patented by Hedera, meaning no one else can use it.
The network’s main focus is to be adopted by corporations for easy development and deployment of decentralized applications (dApps).
Before we get into the hashgraph consensus, let’s view a little more about Hedera’s uniqueness and focus.
Right now, Hedera is one of the fastest, most energy-efficient, and arguably hack-proof networks out there. Responsible for this is the hashgraph consensus, which allows for these advantages to be put into play.
Now let’s talk about the unique hashgraph consensus. First and foremost, the development of the hashgraph focused on providing “near-perfect” efficiency in the usage of bandwidth.
To put this in perspective, Hedera can easily process 10,000 transactions per second (tps). This is quite interesting, as most of the biggest blockchains can do only 10-20.
All of this can happen in a single shard. Shard is a peer-to-peer interconnection between nodes in a single network.
Because of the hashgraph, transactions cost has an average price of around $0.0001. Needless to say, that is quite the feat because there are not a lot of other networks offering the same fees. On top of that, transaction finality takes, on average, about 5 seconds, which is yet another advantage.
Overall, the hashgraph consensus tackles many of the problems blockchains cannot. This includes the speed, efficiency, cost, and scalability of the network. It also is a way more safe method of securing Hedera.
Obviously, the consensus mechanism is not going to be enough for Hedera to reach $1. However, without it, other catalysts won’t be able to operate in the same way, which is why it is important.
Can Hedera (HBAR) Reach $1?
Hedera is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network once the market stabilizes. That’s why so many believe the price will not only reach $1 but surpass its past glory.
However, let’s think about it for a moment. The current price of Hedera is around $0.07, far from its previous all-time high of $0.50. This means it will need a 14.2x increase to reach a price evaluation of $1. With a current market cap of $1.48 million, adding this multiplier will result in a new market cap of more than $20.3 billion.
This might look a bit impossible at first glance because that market cap will place it within the top 10 cryptocurrencies. Yet, if the crypto world sees more adoption, this market cap won’t be that big.
However, the tricky part is this. Is Hedera going to get good marketing? Is it going to bring enough utility for people to notice it? And is it going to remain on top after competitors arise? Only time will show.
Yet, we believe Hedera will reach $1 in the future, although things won’t be that simple. Of course, there are many factors that can negatively impact Hedera itself, and the project might fail. However, we will leave such unpredictable speculations out of the way.
So what do we need first before HBAR reaches $1? First, we need to see market stabilization. This will happen after the military conflicts in Europe get resolved. Until then, the market will proceed to be chaotic and bearish. After that, we must wait until crypto becomes more stable and adopted.
And when is Hedera going to reach $1? It will take at least 4 more years, or even 5, if we are being optimistic.
Related: Can Cronos Surpass The $1 Mark?
HBAR Price Prediction For 2022 – 2030
Hedera’s future price is difficult to predict as it relies on several factors, including the performance of the Hedera network, global economic conditions, and the price of other cryptocurrencies. However, if Hedera continues to grow as a network at its current rate, it is possible that the price evaluation for HBAR could easily start climbing back to $0.10 by the end of 2022.
This would represent a somewhat significant increase from its current price of around $0.07 but would still be way below its all-time high of $0.5, reached in September 2021. While Hedera’s future price is impossible to predict with certainty, we are eager to share our analytical forecast with you.
Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the exciting part – Hedera price predictions.
2022 – Hedera (HBAR) Price Prediction
Some of the financial industry’s top names have lent their weight to Hedera’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.
According to that and to Hedera’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and grow by around 1.5x, reaching a price evaluation point of $0.1, which will get it closer to its previous heights.
Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect HBAR to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $0.02-$0.03.
2023 – Hedera (HBAR) Forecast
Many analysts have made Hedera price predictions for 2023, and the general consensus is that the price of Hedera will continue to rise. This is based on a number of factors, including the increasing use of Hedera’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Hedera will be in 2023, most experts agree that it has the potential to reach new heights.
More realistically, we can expect the price of Hedera to reach $0.15-$0.19 by the end of 2023.
2024 – Hedera (HBAR) Prediction
If the growth for Hedera continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible to avoid misguiding you.
We believe that by the end of 2024, the price of Hedera will reach at least $0.29. If we let ourselves be a bit more speculative, we’d raise it to $0.35.
2025 – Hedera (HBAR) Price Forecast
According to many Hedera enthusiasts and their price predictions, HBAR prices may rise dramatically in the trading range between $0.34 and $0.39.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, HBAR price prediction as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Hedera network can significantly expand and develop. In that case, prices may even go as high as $0.50, but that is quite ambitious.
As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.
But let’s explore what we have at hand. If a Hedera competitor arises, things can definitely go south for the project. Another thing that can happen is if there’s any change in the network’s operation. This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Hedera dropping by 50-70%, meaning it will go for about $0.13-$0.16.
2026 – Hedera (HBAR) Price Prediction
Keeping our conservative approach, we won’t try to make ridiculous price predictions for Hedera. Although many believe that by 2026 the price of HBAR will be at least $0.65, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. We believe that Hedera will be evaluated at anywhere between $0.57 and $0.61.
2027 – Hedera (HBAR) Price Prediction
As the years go by and Hedera continues its expansion and proves its utility, we can see it going for as much as $0.60. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.
By that, we mean that HBAR will be evaluated at around $0.69 – $0.74. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
2028 – Hedera (HBAR) Price Forecast
In 2028, if Hedera comes out with new projects and experiences further adoption, we can see it potentially going out from the 70s and reaching a price of $0.81 – $0.87, coming closer and closer to the $1 mark. However, this is mostly optimistic.
On the lower end, we can see HBAR being worth around $0.74 while, on average, remaining at around $0.83.
2029 – Hedera (HBAR) Prediction
For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, we think Hedera will be moving from around $0.92 to $0.94 easily, although we can also see it reaching the $1 mark.
2030 – Hedera (HBAR) Forecast
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about 8 years into the future.
Some experts have forecast that Hedera’s price could reach up to $1.08 by 2030. This would be a significant increase from its current price of around $0.07. However, it is important to remember that Hedera is growing, and so is its adoption rate, utility, and potential.
In addition, the current global economic situation could also lead to an increase in the price of Hedera, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Hedera certainly seems to have a bright future ahead.
That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.
If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.
For Hedera, if that happens, we can easily make a price forecast that HBAR can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $0.15. On a brighter note, this is highly unlikely, even though not impossible.
Hedera Price Prediction | Minimum Price | Average Price | Maximum Price |
---|---|---|---|
Price Prediction for 2022 | $0.07 | $0.1 | $0.15 |
Price Forecast for 2023 | $0.11 | $0.15 | $0.19 |
2024 Price Prediction | $0.24 | $0.29 | $0.35 |
Price Prediction for 2025 | $0.34 | $0.39 | $0.50 |
2026 Price Forecast | $0.52 | $0.57 | $0.61 |
Price Prediction for 2027 | $0.60 | $0.69 | $0.74 |
2028 Price Forecast | $0.75 | $0.81 | $0.87 |
2029 Price Prediction | $0.92 | $0.94 | $1 |
Price Prediction for 2030 | $0.95 | $1 | $1.09 |
Our Opinion On Hedera (HBAR)
Given the Hedera price today, we can make lots of speculations. However, when making a price prediction or looking at one, you must stay completely aware that most of the time, it is completely off.
Although we kept a conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.
Hedera is certainly a great project with huge potential, which makes us believe that it will survive throughout the years.
Overall, although we believe Hedera will certainly be bullish and we believe in our speculations, we can never be certain.
Is Hedera (HBAR) a Good Investment?
Hedera is quite unique when it comes to the idea and solutions it brings to the table. However, does that make it a worthy investment? There are many networks that offer a great idea and a solution, but the problem is usually not major. In these situations, such projects are usually a hard pass.
Thankfully, that’s not the case with Hedera, as you might expect.
The problem Hedera solves is quite a big one. It is actually very important for individuals and corporations to create and launch their unique decentralized applications (dApps).
Of course, this is still not enough to make us consider becoming owners of the HBAR token. But when we ponder Hedera and its operability, we see that there are no direct competitors. Even more, the HBAR tokens will definitely be part of the top 20 cryptocurrencies at some point.
As of right now and with its current features, it is very easy to see why Hedera is a good buy. However, if a project does not resonate with you or you do not fully understand how it operates, it can be a pass.
In conclusion, we expect to see Hedera be part of the dominating networks that will see huge adoption in the near future.
How To Buy Hedera (HBAR)
Thanks to the token’s massive success and popularity, Hedera is listed on most major crypto exchanges and online trading platforms. Investing in crypto is not too complex, and you won’t have to go through a lot of unnecessary steps. Below we have provided an in-depth outline of the general steps you will need to take to invest in Hedera.
Choose A Crypto Exchange Platform
The first thing you will need to do is choose a crypto exchange platform that carries Hedera. Luckily, the token is quite popular and is present on most major platforms like eToro, Binance, Coinbase, Bitstamp, and Kraken.
Create An Account
After you have chosen your trading platform, you will need to create an account if you don’t already have one. This process is usually pretty straightforward and usually takes only a couple of minutes. However, you will need to provide personal information such as full name, date of birth, email address, etc.
Verify Your Account
Once you have set up your account, you will also need to verify your identity. This process is a bit lengthier and requires some additional information. Generally, the platform will require that you provide copies of your photo ID, proof of address, and other documents. This is in accordance with Know Your Customer (KYC) laws which aim to prevent fraud.
Deposit Fiat Currency
Next, you will need to deposit funds into your account. You will use these to purchase HBAR coins. The amount you can deposit will depend on the crypto exchange platform you are using and the number of coins you wish to purchase. Each platform will support different payment methods and have varying minimum requirements.
Buy HBAR
Once you have supplied your account with sufficient funds, you can purchase your HBAR coins. Head over to the markets or crypto exchange section of your platform and search for the HBAR symbol. Once you have found Hedera, place an order for as many tokens as you would like to buy. Alternatively, you can input how much fiat currency you would like to spend, and the system will show you how many tokens that translates to.
(Optional) Move Your Hedera Tokens To An External Wallet
Once you have purchased your Hedera, you have the option to move it to an external third-party wallet. While you can easily store your cryptos in your exchange profile, a dedicated wallet is much more secure. Most platforms allow you to easily transfer your cryptos by linking a dedicated wallet to your exchange account. Alternatively, you can do it manually by transferring them to your wallet’s public address.
Conclusion
Taking all of the above into consideration, it would appear that HBAR is a very promising investment. The price predictions for HBAR are exceptionally positive, and the coin does have a lot of potential.
Of course, as with any investment, there is no guarantee that HBAR will reach the predicted price points. However, if you are looking to invest in cryptocurrency, HBAR is definitely worth considering.
There aren’t too many HBARque projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.
That is definitely not the case with Hedera. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Hedera anytime soon, huge companies are already working hand in hand with Hedera to better their operations. We will keep an eye on the development of Hedera and how it performs. Its potential, in tandem with our price predictions, makes us keen to see what lies in the future for Hedera.
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