Hedera Hashgraph (HBAR) Price Prediction

A public beta test was launched for the Hedera Hashgraph network, a distributed registry with a declared throughput of 10,000 transactions per second. The platform also launched its own Hedera Hashgraph cryptocurrency HBAR as well as a service for smart contracts and file storage. Additionally, there are already over three dozen applications already operating on its basis. 

Hedera Hashgraph Review

Hashgraph, the HBAR blockchain, is a more efficient alternative to blockchain. It is also a distributed registry, but one that uses a different way of writing blocks.

Instead of a clear sequence of blocks (blockchain), the hashgraph uses a Directed Acyclic Graph (DAG), which records information in a non-linear way, without a sequential chain of blocks. 

Cryptocurrencies such as IOTA, Byteball and Tangle are already operating on the basis of DAG. Thanks to DAG, the hashgraph promises all the advantages of the blockchain, but without its drawback in the form of low transaction speed.

In its most general form, a hashgraph consensus works as follows:

  • network participants (nodes) exchange data via the Gossip protocol
  • transaction information is sent to two random nodes, transmitting them, in turn, to two other
  • nodes, and so on exponentially, until the number of informed nodes is enough to verify the transaction
  • nodes exchange only transaction data with each other, and not all information about the network, while information is stored not in blocks, but in hashes – therefore, everything happens much faster than in the blockchain
  • transactions are recorded in chronological order, so you can track their history.

The hash algorithm was developed and patented in 2016 by the American mathematician Leemon Baird. Algorithm rights are owned by Swirlds, co-founded and developed by Baird. 

Swirlds technology was spotted by U.S. banks in October 2017, the National Credit Union Association (CUNA) and Mountain West Credit Union Association (MWCUA), which formed a consortium of 6,000 banks, selected Swirlds to create a common corporate network. Success allowed them to separate the project into a separate platform: Hedera Hashgraph Platform. Swirlds granted Hedera Hashgraph an exclusive license, under which the company will receive 10% of Hedera Hashgraph’s revenue.

Hedera Hashgraph is a public platform of Baird’s patented hashgraph. From March to August 2018, the project was conducted by ICO, raising $ 124 million. Closed testing of the network began in December 2018. The code was checked by several audit companies, but only now the developers have begun public testing.

Hedera Hashgraph currently offers three products: a cryptocurrency, smart contracts, and a file service. Any user can create an account on the network, open an account or create dApps based on Hedera Hashgraph, having passed the KYC test.

The network supports up to 10,000 transactions per second, and its transaction confirmation time is 3-5 seconds. Smart contracts and file services are also available on the Hedera Hashgraph network, but so far their throughput is up to 10 transactions per second, while the declared speeds will gradually increase, and the average transaction fee will be $0.0001.

Hedera Hashgraph Overview

Price $0.05
Price Change 24h -1.36%
Price Change 7d -4.85%
Market cap $1,089,577,356.20
Circulating Supply 22,968,168,351 HBAR
Trading Volume $10,006,835.73
All time high $0.57
All time low $0.01

Hedera Hashgraph: Technical Analysis

According to the technical analysis performed by Trading View, based on the 3 most popular technical indicators (Moving Averages, Oscillators and Pivots), the current rating for Hedera Hashgraph is “Buy”, indicating a clear bullish trend. This shows that the current price of HBAR is not its peak and Hedera Hashgraph has a chance to rise in the future.

Hedera Hashgraph (HBAR) Future Price Prediction

As always, we have to warn you that you should take all crypto price predictions with a grain of salt. That includes our HBAR price prediction. The crypto market is simply too volatile and the industry too unpredictable for any concrete predictions to be made.

That said, it is still possible to make some estimates as to what each coin or token’s potential could be. How low can they go? How high?

Although everything is possible, we do not think that the Hedera Hashgraph price has a chance to reach $100 in the near future. However, this cryptocurrency still has some good long-term prospects. Its previous price action indicates that HBAR coin is likely to experience some slow but consistent growth over the next few years, and may even go up to as high as $3 – at least if the most optimistic Hedera Hashgraph forecast is to be believed.

Keep in mind that we make general predictions about the average future price a cryptocurrency may reach during a given year. A coin’s price may go up to $100 in May and crash to $1 in July of the same year, and its average price for that year would be $50.

Here are our predictions for the average prices Hedera Hashgraph may reach in the coming years.

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Hedera Hashgraph Price Forecast

Hedera Price Prediction 2022

According to the technical analysis of Hedera prices expected in 2022, the minimum cost of Hedera will be $0.0459954. The maximum level that the HBAR price can reach is $0.0519948. The average trading price is expected around $0.0509949.

Potential ROI: 8% BUY

HBAR Price Forecast for December 2022

Based on the price fluctuations of Hedera at the beginning of 2022, crypto experts expect the average HBAR rate of $0.0509949 in December 2022. Its minimum and maximum prices can be expected at $0.0459954 and at $0.0519948, respectively.

Potential ROI: 8% BUY

Hedera Price Prediction 2023

After the analysis of the prices of Hedera in previous years, it is assumed that in 2023, the minimum price of Hedera will be around $0.0709929. The maximum expected HBAR price may be around $0.0869913. On average, the trading price might be $0.0729927 in 2023.

Potential ROI: 81% BUY

Hedera Price Prediction 2024

Based on the technical analysis by cryptocurrency experts regarding the prices of Hedera, in 2024, HBAR is expected to have the following minimum and maximum prices: about $0.09999 and $0.129987, respectively. The average expected trading cost is $0.109989.

Potential ROI: 171% BUY

Hedera Price Prediction 2025

The experts in the field of cryptocurrency have analyzed the prices of Hedera and their fluctuations during the previous years. It is assumed that in 2025, the minimum HBAR price might drop to $0.159984, while its maximum can reach $0.179982. On average, the trading cost will be around $0.159984.

Potential ROI: 275% BUY

Hedera Price Prediction 2026

Based on the analysis of the costs of Hedera by crypto experts, the following maximum and minimum HBAR prices are expected in 2026: $0.269973 and $0.239976. On average, it will be traded at $0.239976.

Potential ROI: 462% BUY

Hedera Price Prediction 2027

Crypto experts are constantly analyzing the fluctuations of Hedera. Based on their predictions, the estimated average HBAR price will be around $0.369963. It might drop to a minimum of $0.359964, but it still might reach $0.409959 throughout 2027.

Potential ROI: 754% BUY

Hedera Price Prediction 2028

Every year, cryptocurrency experts prepare forecasts for the price of Hedera. It is estimated that HBAR will be traded between $0.529947 and $0.629937 in 2028. Its average cost is expected at around $0.549945 during the year.

Potential ROI: 1212% BUY

Hedera Price Prediction 2029

Cryptocurrency analysts are ready to announce their estimations of the Hedera’s price. The year 2029 will be determined by the maximum HBAR price of $0.929907. However, its rate might drop to around $0.779922. So, the expected average trading price is $0.809919.

Potential ROI: 1837% BUY

Hedera Price Prediction 2030

After years of analysis of the Hedera price, crypto experts are ready to provide their HBAR cost estimation for 2030. It will be traded for at least $1.11, with the possible maximum peaks at $1.37. Therefore, on average, you can expect the HBAR price to be around $1.14 in 2030.

Potential ROI: 2754% BUY

Hedera Price Prediction 2031

Cryptocurrency analysts are ready to announce their estimations of the Hedera’s price. The year 2031 will be determined by the maximum HBAR price of $1.88. However, its rate might drop to around $1.56. So, the expected average trading price is $1.61.

Potential ROI: 3817% BUY

Frequently Asked Questions

Is Hedera Hashgraph a good investment?

If you’re looking for a relatively risky asset that you can rely on to provide steady profit in the long run but that also has the potential for explosive growth, then Hedera Hashgraph can potentially be a good choice for you and profitable investment.

This project has over 3 million daily transactions – an impressive number that shows that there are plenty of people interested in using both the Hedera Hashgraph platform and its cryptocurrency. 

Overall, there are many signs pointing towards HBAR being a good investment. However, before you invest in it or any other digital asset, you should do your own research and consider whether it’s a good fit for your portfolio or not. Articles like this one are not intended to be and should not be seen as investment advice.

You can sell and buy Hedera Hashgraph on Changelly. Find a crypto wallet that you can store your new HBAR in here or right within the article.

Will HBAR go up in 2021?

According to our Hedera Hashgraph price prediction, unless some extreme price movements happen, HBAR price should continue its climb upwards in 2021. The cryptocurrency currently has a strong “buy” sentiment as per Trading View, which means its price still has room to grow.

Please beware that although our Hedera Hashgraph forecast and many other HBAR price predictions are saying that this cryptocurrency will go up in 2021, this may not be the case. Additionally, please note that when we do an HBAR price analysis or prediction, we talk about the general trend we think that the cryptocurrency will follow, not the highest and the lowest price it will reach in a given time period.

The cryptocurrency market is extremely volatile, and if you’re making long-term investments, we advise you to ignore short-term cryptocurrency price movements and instead look at the bigger picture.

Is Hashgraph the future?

Hashgraph is a distributed ledger technology that has been named by many as the successor to blockchains. Despite the benefits it provides, like high transaction speed, it doesn’t seem like Hashgraph has the potential to overtake blockchain technology in the near future. For one, it still hasn’t found widespread popularity despite having been released back in 2017.

A modified and updated version of Hashgraph may find popularity and success in the future, but we think it is not possible for Hashgraph to completely overtake blockchains. 

Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.