Hedera is a very new and widely used Hashgraph-Crypto platform, which is a substitute for blockchain. It is the only Hashgraph platform available. Hashgraph technology was created back in 2010 by Dr. Leemon Baird, whereas the Hedera network was developed by Dr. Leemon Baird and Mance Harmon in 2018.
Analogous to any blockchain platform, Hedera Hashgraph provides the validators with a decentralized finance application. It takes way less time to process transactions than any blockchain network. It is capable of processing ~10,000 transactions every second for $0.0001. The native currency used in this platform is known as HBAR. Its tokens can be exchanged as well as configured very efficiently on Hedera.
The platform uses smart contract features to create Defi applications, and its distributed ledger technology provides it with the necessary security. As of the first quarter of 2022, 1 HBAR is priced at $0.175. Hedera network’s price was recorded highest in September 2021 at $0.57 and was recorded lowest in January 2020 at $0.01001. Currently, its market capitalization stands staggering at $8.76 billion and has a circulating supply of 20.23 billion HBAR.
HBAR Price Prediction 2023
The price of Hedera, by our technical study, measures up to $0.40 on average. Our prediction estimates HBAR to cost a minimum of $0.33 to $0.39 in the final phase of the year. Its maximum prices for 2023 however are predicted to topple over $0.51.
HBAR Price Prediction 2025
This year holds many high expectations for this platform. The study shows escalations in Hedera’s assets. We expect each HBAR at the start of 2025 to cost around $0.60 to $0.70. By the middle of the year, its prices should ascend over $0.88. It is envisaged to go beyond $1.00 before ending in 2025.
HBAR Price Prediction 2030
According to the price analysis, Hedera is predicted to cost over $5.00 as its minimum price for 2030. We anticipate its mean price to be around $5.87. While the highest price for the year might proliferate over $6.59.
If we study the investments Hedera has made over time, we can expect it to ascend or increase many times in the long run.
According to its validators, it is one of the leading markets for crypto transfers. It has expanded so far with quite an ease, therefore it is needless to say that it has higher possibilities of expansion shortly.