- Hedera Hashgraph (HBAR): A Quick Glimpse
- HBAR: Indisputability With No Compromises
- HBAR Price Prediction 2030: Price History And Technical Analysis
- HBAR Price Prediction 2030: Industry Experts
- Is HBAR Worth For Investment? When Can You Enter?
- Can HBAR Touch The $1 Mark?
- Final Thoughts
The cryptocurrency market has constantly attracted individuals, traders, and institutional investors for quite some time. HBAR is a favorite coin for many investors, and the question in every crypto investor’s mind is: When will HBAR pump again? Our HBAR price prediction 2030 indicates a bullish trend for HBAR, and we can see HBAR retest its all-time high soon!
Hedera Hashgraph (HBAR): A Quick Glimpse
Hedera Hashgraph token, commonly referred to as HBAR, is the native cryptocurrency of the Hedera Hashgraph blockchain network. This distributed ledger technology provides individuals and businesses with a platform to create decentralized applications (DApps). It is defined as a trust layer. The blockchain started its journey through an ICO in 2018 by founders Harmon and Bairdand and introduced its mainnet a year later in 2019.
HBAR founders and development team aims to offer solutions to some of the challenges (e.g., instability and slow performance) of older blockchains like the Ethereum Network. Hashgraph consensus mechanism offers better services in terms of scalability, speed, and cost of transactions. Hedera Hashgraph can manage over 10,000 transactions per second, which is way more than popular coins like Bitcoin and Ethereum. The HBAR network takes 3-5 seconds to confirm transactions in the blockchain.
Besides the consensus mechanism, HBAR also uses a proof-of-stake (PoS) mechanism to ensure that the network’s integrity is maintained and secured. The PoS also allows HBAR holders to stake their tokens. Let’s have a quick overview of this coin.
|Price Change 24h||+4.66%|
|Price Change 7d||+11.57%|
|Circulating Supply||21,084,776,584 HBAR|
|All time high||$0.5701|
|All time low||$0.01001|
|Hedera Hashgraph ROI||-38.92%|
HBAR: Indisputability With No Compromises
The distributed technology (DLT) has been the root of genesis for HBAR development. Hedera Hashgraph is a revolutionary concept that empowers the internet-of-things (IoT). The overall security of HBAR enables it to achieve an asynchronous Byzantine fault tolerance (ABFT) consensus algorithm, and the only authorized ledger is Hedera Hashgraph. ABFT guarantees transactions are completed within the stipulated time regardless of whether some data is available or not. Let’s look at some of HBAR’s features.
- Smart contract functionality enables DApps developers to develop powerful DApps on the platform.
- HBAR network enables users to mint both fungible and non-fungible tokens (NFTs) for the DApps, developed on the network.
- PoS consensus algorithm ensures that the network is encrypted while offering HBAR users a way of earning a passive income by staking tokens.
- A decentralized file storage system on the network includes features like regulated mutability, time-based file expiry, and proof-of-deletion.
Hedera Hashgraph is a new technology, and it is yet to be fully proven in the crypto sector. HBAR has recorded a plethora of achievements that can get any investor’s attention. Shinhan Bank, a leading South Korean bank, recently announced that it had developed a stablecoin on the Hedera Network. HBAR network has notable names in its governing council, including DBS Bank and the London School of Economics.
HBAR Price Prediction 2030: Price History And Technical Analysis
When HBAR was first sold through an ICO, the coin price was $0.12. Instead of the recent crypto market crash and volatility, the coin has managed to keep a positive momentum, and it currently stands at 25% against the U.S. dollar due to its positive ROI.
Traders started trading HBAR in September 2019. It started trading at half the price of what it was sold for during the ICO. From then, the coin’s value dropped below $0.03 until the start of 2020, when it made a slight bullish attempt that saw it go above $0.06 though it didn’t hit $0.07. In 2021, the coin’s price started skyrocketing, and it continued a bullish trend until mid-March, when it hit its all-time high of $0.4495.
HBAR is currently trading near $0.06 with a circulating supply of 18,092,792,421 HBAR. Fibonacci retracement shows a strong resistance at $0.08 and a crucial support at $0.045. RSI is showing strong positive momentum, and we can expect a price of $0.09 in the upcoming months.
By the end of 2022, the crypto market will be expected to regain momentum, and we can see HBAR’s price between $0.13 and $0.15. The blockchain is revolutionary, and HBAR’s growth is expected to be 10x by 2025; we predict that the cost may range between $0.35 to $0.4. Hedera network is doing the heavy lifting, and we anticipate that the coin may go between $2.03 to $3 by 2030.
HBAR Price Prediction 2030: Industry Experts
According to Wallet Investor, a long-term price decrease is expected; the price prognosis for 2026 is $ 0.003. With a 5-year investment, HBAR predictions by experts forecast the revenue to be around -98.24% if the bearish trend continues.
Trading Beast forecasts, the expected maximum price of HBAR coin is $0.374, minimum price $0.24. The Hedera price prediction for the end of July 2022 is $0.29.
Is HBAR Worth For Investment? When Can You Enter?
HBAR is a new and conceptualized technology in the ecosystem with a promising future. Hedera Hashgraph is a public network based on an entirely unique and patented technology that is different from other blockchains. You can invest in this coin at $0.04. Though this coin has a great future ahead, it does not look like an excellent investment. It can be an average investment that will return a small profit in the future as HBAR can be staked on the platform, so holders get multiple opportunities to earn.
Can HBAR Touch The $1 Mark?
Yes! We all have to wait and see the coin’s potential in the future to hit the $1 mark. It is possible that HBAR will touch the $1 mark faster than predicted. According to our HBAR price prediction 2030, we can expect the $1 mark by 2028.
The crypto market is predicted to grow in upcoming years, and HBAR’s price is forecasted to grow along with it. However, several factors may impact the market anytime, and we can see up and down in the future. This includes the advancement of blockchain technology, government regulations, news, collaborations, etc. Some crypto experts believe that this coin will be a great investment for the future, but we predict that the coin can experience a price rise if only it comes up with more use cases like developments, collaborations, etc. Hence, whoever wants to invest in it should be cautious about the risk and market volatility.