Hedera Hashgraph is a trending cryptocurrency focused on providing a sustainable, enterprise-grade blockchain. The asset has been performing extremely well recently, prompting investors everywhere to search for a Hedera Hashgraph price prediction.
Throughout this guide, we’ll be taking an in-depth look at Hedera, discussing what the token is used for, and providing our Hedera Hashgraph price prediction. Let’s get started.
Hedera Hashgraph Price Prediction Summary
Below, we’ve summarized the key levels of our Hedera Hashgraph price prediction. A detailed explanation of the reasoning behind each price can be found later in the guide.
- End of 2023 – Moving onward, 2023 will see a number of updates to the Hedera network which could push HBAR toward $0.1987.
- End of 2025 – As the focus on ESG investing grows, we could see the Hedera price increase to around $1.60.
Hedera
Η Coin Price | Hedera |
💲 Price | $0.0644569 |
🔆 Coin Symbol | HBAR |
⏳ Price Change 1h | 0.43% |
🌕 Price Change 24h | 4.68% |
💵 Market Cap | $1,632,169,099 |
🥇 Rank | 39 |
🌐 24h Volume | $39,776,229 |
🔄 Circulating Supply | 25,321,887,309 |
💰 Total Supply | 50,000,000,000 |
Hedera Hashgraph Coin Price History
Launched in 2019, Hedera Hashgraph (HBAR) is a fairly new cryptocurrency project that has been turning heads within the industry. The project aims to serve as a highly efficient and sustainable blockchain able to handle a high throughput with low settlement times and minimal cost.
Hedera initially began life as an initial coin offering (ICO) with investors able to purchase HBAR tokens for between $0.09 to $0.12. Despite this, the token struggled to gain momentum in its early days as investors looked toward more established projects that already had a history of success within the cryptocurrency market. As a result, HBAR struggled to maintain its launch price and quickly dropped to around $0.03 within days of its release.
HBAR continued struggling to take market share away from the larger players, leading the token to decline over 2019, eventually settling at around $0.011 during early 2020. However, in February 2020, Google joined Hedera’s governing board and Acoer used the Hedera network to make it easy for people to search for Coronavirus statistics, causing the Hedera price to jump to $0.0689, marking more than a 525% gain.
Following this sharp upward movement, many investors began to tout HBAR as being one of the year’s best altcoins. Despite this, the rest of 2020 was largely uneventful for HBAR. As the year progressed, HBAR slowly decreased in price, trading within the $0.035 region by late December.
Between January and April 2021, the Hedera coin price went absolutely parabolic, rising by a factor of 11 from a low of $0.0325 to a peak of just over $0.40. This growth was the result of a few different events.
While crypto was growing in prominence for a few years, 2021 saw the asset class explode in both volume and adoption. Combined with the fact that various platforms like SUKU began to use the Hedera network for their applications, it’s of little surprise that HBAR exploded in value.
While many investors were stunned by HBAR’s growth, touting it as the best future cryptocurrency, most believed that the asset couldn’t grow much more. Despite this, however, between August and November 2021, the Hedera cryptocurrency soared yet again, climbing to an impressive $0.505 at its highest.
Since its massive 2021 run-up, the Hedera Hasgraph token price has slowly dropped back down to a similar level to its pre-2021 value. While unfortunate, this is to be expected from any asset that has managed to increase in value by over 1000% within just a few months.
Last year, HBAR has declined from the $0.29 mark to $0.047 – a price decrease of more than 83%.
To summarize:
- Mid 2018 – Hedera launched its ICO with tokens selling for between $0.09 and $0.12
- Early 2019 – The Hedera price dropped significantly to approximately $0.03.
- February 2020 – Following news of Google joining its governing board and the Acoer Hedera partnership, the price of HBAR shot up over 500% to $0.0689
- December 2020 – HBAR struggled to maintain its new price, dropping to $0.035
- April 2021 – The crypto market exploded and the Hedera crypto price soared to more than $0.40
- November 2021 – The Hedera Hashgraph token price continued climbing to $0.505
- Present Day (January 2023) – Trading at $0.038 per token, Hedera has most of its value throughout the past year.
Cryptoassets are a highly volatile unregulated investment product.
Hedera Hashgraph Crypto Price Prediction 2023
Looking slightly further ahead, by the end of 2023, Hedera will have had ample time to build up traction and begin its climb back to the top. However, it’s unlikely that this road will be easygoing, even if the wider crypto market presents an opportunity for growth.
The primary factor driving the growth of Hedera will be the network’s adoption. While there are a number of high-profile entities (like IMB and Google) working with Hedera, the network’s actual ecosystem is lacking in substance. This is seriously hindering the growth of Hedera, however, things could be set to change for the better.
In the first quarter of 2023, Hedera is expected to improve its scalability by adopting the Merkle structure. This move would, in theory, allow an essentially unlimited number of NFTs to exist on the Hedera network. With NFTs growing in popularity rapidly this could be huge for Hedera and could help to lower the dominance of more expensive NFT networks like Ethereum.
On top of it branching into the NFT space, Hedera will aim to optimize staking in the first few months of 2023. This will drastically improve the overall efficiency of the network but that’s not all. By improving staking, Hedera will hopefully be able to bring a plethora of new users to the network that is looking for a secure staking network that doesn’t suffer from Ethereum’s extremely high (32 ETH) capital requirements.
Further helping to improve the Hedera network is its implementation of the multi-token standard into the Hedera Token Service. Designed to allow developers and entrepreneurs to easily create new tokens, both fungible and non-fungible, the Hedera Token Service currently lacks the capacity for certain applications but this new update will enable support for various financial, ESG, and gaming use cases.
With all of these updates, our HBAR price prediction would see the Hedera crypto price regain its previous support and trade for a low of $0.1407 or a high closer to $0.1987.
Hedera Hashgraph Coin Price Prediction 2025-30
Moving onwards to 2025, Hedera should have built up a strong user base and improved the capabilities of its network drastically. While it’s difficult to say which features will be implemented into Hedera, it makes sense that the network will continue to lean into its focus on sustainability and efficiency.
The global adoption of crypto is expected to increase steadily over the next few years. As such, the need for efficiency, both in terms of energy usage and throughput will increase exponentially.
While this could cause issues for energy-inefficient networks, even harming the price of Bitcoin, it could be exactly what’s needed to positively supplement the growth of HBAR. With investors caring much more about the environmental impact of an asset, it’s likely that developers would flock to Hedera as one of the most efficient and sustainable networks with smart contract-like functionality.
Any asset that grows as quickly as Hedera will need time to mature and retest important levels. By the time the end of 2025 rolls around, HBAR will have had plenty of time to grow. This should allow the asset to trade comfortably for its previous all-time high of $0.572. However, if the market is subject to a strong bull run, we could see HBAR blast past this price ending the year closer to $0.687.
Hedera Hashgraph Price Prediction 2030
Taking a look further ahead to the end of 2030, we’ll likely see an entirely new landscape within the cryptocurrency market. While it’s difficult to predict where the market will head, based on current trends, it seems likely that the focus on carbon neutral or carbon negative networks will be far greater than in the present day. This could help HBAR to become one of the best emerging cryptocurrencies to buy.
If this ends up being the case, the Hedera cryptocurrency price could go absolutely parabolic. It’s important to remember that HBAR, officially launched in 2019, is still a young project. However, seven years will give the team plenty of time to work on new features which will likely sharply increase the scalability of Hedera. Combined with the world’s additional focus on sustainable products, we could see Hedera grow significantly.
The next psychological level that the Hedera coin price will have to break is $1. However, based on the fact that the token was already 60% of the way there at its peak, it’s likely that by 2030 HBAR will be trading far higher. With that in mind, our Hedera Hashgraph price prediction would place the asset at a high of approximately $1.60 by 2030 with a possible low of $1.
Potential Highs & Lows of Hedera Hashgraph Coin
In order to make it as simple as possible for investors to make use of our HBAR price prediction, we’ve summarized our estimates for each year in the below table.
Year | Low | High |
End of 2023 | $0.1407 | $0.1987 |
End of 2025 | $0.572 | $0.687 |
End of 2030 | $1 | $1.60 |
Cryptoassets are a highly volatile unregulated investment product.
What is Hedera Hashgraph Coin Used For?
At the core of every cryptocurrency is its use cases. It would be understandable for some investors to think that Hedera Hashgraph, as a fairly new cryptocurrency, would lack in terms of utility. However, that couldn’t be further from the truth and to highlight this, we’ve included a few of the key uses for Hedera Hashgraph.
Sustainable Network
Being a sustainable and efficient cryptocurrency network is likely what Hedera Hashgrapgh is best known for. Thanks to its innovative use of a modified version of the proof-of-stake consensus mechanism, the Hedera network is extremely efficient. This has made Hedera one of the greenest cryptocurrency projects and caused it to become rather popular with investors focused on sustainable investing.
Transactional Cryptocurrency
Partly thanks to its sustainability, Hedera Hashgraph is an exceptional transactional cryptocurrency. The network benefits from extremely fast settlement times (a couple of seconds), low fees (less than a tenth of a cent), and over 10,000 transactions per second. Combined, these features make Hedera Hashgrapgh one of the best transactional cryptocurrencies on the market right now.
Efficient NFTs
It’s no secret that the NFT market is growing extremely quickly with some of the best NFTs to buy including IMPT and Tamadoge. However, with the majority of popular collections created on the Ethereum blockchain, the asset class has been receiving quite a large amount of grief from people for its harm to the environment. However, Hedera aims to create a highly efficient, low-cost NFT ecosystem eliminating the issues currently plaguing the market.
Enterprise Solution
In addition to its plethora of uses for the average person, Hedera Hashgraph has always presented itself as an enterprise-level blockchain solution for business. As we mentioned earlier, Hedera has already been picked up by a number of organizations thanks to its efficiency and impressive throughout. As the network improves and becomes better established, this trend will likely only grow.
Is Hedera Hashgraph the Best Crypto?
The Hedera Hashgraph network is notable for its low cost, efficiency, and sustainability. However, is it the best cryptocurrency to invest in right now? We’ve found an exciting project that could offer higher returns.
FightOut – Top New Cryptocurrency Token That is Rushing Through its Presale
FightOut has come up with a revolutionary fitness app that rewards users for workouts and in-app fitness challenges.
Within a few days of its presale launch, FightOut has raised over 2.6 million USDT. At the time of writing, buyers have an opportunity to purchase $FGHT at a discounted price of 0.0166 USDT per token. Investors should buy the $FGHT tokens before the price increases to 0.033 USDT after the CEX listings on 5 April.
In its vision to gamify the fitness lifestyle, the platform has created a metaverse for its users. While creating a new account, users can build their unique ‘Soulbound’ avatars. These avatars will be in the form of NFTs and will have performance stats that will correlate to the users’ real-life fitness performance. Also, users can socialize and compete with other members in the project’s metaverse.
FightOut has created its in-app currency known as ‘REPS’ to incentivize users for completing the in-app challenges. REPS can be utilized for getting membership discounts, buying cosmetic NFTs, and other similar benefits. Investors can read FightOut’s whitepaper to get deeper insights into the project’s features.
$FGHT Tokenomics & Purchase Bonus
$FGHT is built on top of Ethereum as an ERC-20 token and has a supply cap of 10 billion. Of these, 90% of the tokens are can be bought via the project’s presale stages.
Investors have an opportunity to get purchase bonuses that start from 10%. To claim this, they can start with an investment of only $500 along with 6 months of vesting. Additionally, buyers can also receive membership rewards for staking their $FGHT tokens.
Investors can also get additional tokens of up to 50% when they buy the $FGHT tokens in the ongoing presale stages. Buyers may join FightOut’s Telegram to keep receiving the latest updates.
Presale Started
14 December 2022
Purchase Methods
ETH, USDT
Chain
Ethereum
Min Investment
None
Max Investment
None
Conclusion
Throughout this guide, we’ve provided an in-depth Hedera Hashgraph price prediction, discussed what the asset is used for, and revealed a new project primed to unseat Hedera as the most sustainable cryptocurrency.
While Hedera has the potential to deliver higher returns in the future, FightOut ($FGHT) has emerged as a top cryptocurrency in 2023. Currently, on presale, $FGHT is available to buy only for $0.0166 per token.
FightOut - Next 100x Move to Earn Crypto