Hedera HBAR Price Prediction 2023-2030

Learn about HBAR: its unique features, partnerships, and price predictions. Is it a good crypto investment? Find out.

Latest HBAR Price

Metric	Last 24 Hours	Trend
Net Social Media Sentiment	36.8%	Higher

Latest Hedera HBAR News And Analysis

HBAR Defi
- TVL: HBAR: $32.5M , Ethereum: $21.2B
- HBAR Rank: 38th; Ethereum Rank: 1st
- Last 7 days change: HBAR: +7.3%, Ethereum: +7.4%
- Last 1 Month Change: HBAR: -17.2%, Ethereum: -9.0%
Envision Blockchain is excited to launch the ServiceNow ESG Regenerative Finance app, supported by Hedera’s Managed Guardian Service. This partnership allows ServiceNow users to easily track climate assets using Hedera’s reliable DLT.
- A highlight of this integration is the focus on Renewable Energy Credits, ensuring efficient tracking of sustainable energy efforts. ServiceNow ReFi’s features include simplified profiles, synchronized policies, clear integration settings, efficient issuance of RECs, and more
As per the latest update, during the V39 mainnet release on July 11th, there was a mistake in how fees were distributed on the Hedera network. Normally, 90% of the fees go to operations, and 10% go to staking rewards. However, from July 11th to September 15th, all fees went to operations.
- Hedera recognized this issue and fixed it on September 15th. Now, 10% of transaction fees are correctly going to staking rewards. During this time, about 1.5 million HBARs were wrongly given to the operations account.

HBAR: Buy or Sell, Crowd Poll (New)

September 15th: +84.4%
September 18th: +79.2%
September 20th: +75.4%

Hedera’s Updates – Q3 2023

Integration into the Federal Reserve’s FedNow app, which added Dropp, a Hedera-based micropayments platform, in August.
Kia and Hyundai introduced a CO2 emissions monitoring system using Hedera’s infrastructure in early August.
Andrew Aitken was appointed as Chief Open Source Officer, bringing valuable experience from Microsoft and the US White House.
Shinhan Bank, SCB TechX in Thailand, and Taiwan’s largest financial institution successfully tested a stablecoin remittance platform on Hedera’s infrastructure, potentially positioning Hedera as a competitor in the payment network industry.

Casper Price Prediction

HBAR Price Prediction: Is HBAR a Good Investment?

Hedera Network is a blockchain that presents as an alternative to other blockchains concerning network speed and security. It is designed to be a fairer, more efficient system and eliminate the issue of slow performance and instability like in the older blockchain-based platforms.

What is unique about HBAR and the Hedera Network?

Hedera is made on Hashgraph. Hashgraph is built for speed, it can perform 10,000 transactions every second, which is a significant leap from 20 (max) transactions per second for well-established PoW (Proof-of-Work) based blockchain networks.
Instead of being developed on a typical blockchain, Hedera is made on Hashgraph, which is a more stable, sustainable, and secure version of the Distributed Ledger Technology. Hedera is not the usual blockchain but it a like a graph built with several blocks.
The Hedera hashgraph is Cost Efficient. The average fee charged by 1st and 2nd generation of blockchain networks is $1,654 and $522 respectively, which is humongous compared to the $0.0001 charged by Hedera. It is also Energy Efficient. The energy consumed by BTC is 885+, but Hedera only consumes 0.00017 kWh. Furthermore, the transaction speed of HBAR is merely 3 to 5 seconds whereas BTC and ETH take 10-60 mins and 10-20 seconds respectively.
Added to it, a council of 19 multinational corporations from around the world governs the Hedera platform and software that runs on millions of nodes globally.

Hedera has now exceeded 19 billion transactions on its mainnet. This milestone follows its achievement of reaching $35 million in Total Value Locked and processing 18 billion transactions.

HBAR Price Prediction: Corporate Partnerships and Investors

Companies that have invested in Hedera include Tata Communications, Boeing Horizon Ventures

Hedera Case Studies (New)

Pilot with Financial Institutions: Hedera ran a pilot involving Shinhan Bank in Korea, SCB TechX in Thailand, and Taiwan’s largest bank. This pilot leveraged Hedera’s native stablecoins and smart contracts.
Micropayment Platform: droppcc is a Hedera-based platform designed for small-value purchases, using USDC. It offers an SDK, likened in user-friendliness to platforms like Stripe.
Asset Tokenization: DiamondStandard has tokenized a traditionally illiquid asset, representing a market value of $1.2 trillion on Hedera.
Money Market Fund Tokenization: A segment of a £15 billion money market fund was tokenized in collaboration between abrdn_plc and ArchaxEx.
Real Estate Tokenization: Collaborations with RedSwanCRE and Arkadia_Global were highlighted, pointing to advances in real estate tokenization and the potential for tokenizing other asset types on Hedera.

HBAR coin is the native, energy-efficient cryptocurrency of the Hedera Public Network, which is currently governed and operated by 29 companies from different corners of the world. HBAR crypto is used to power decentralized applications and protect the network from malicious actors.

HBAR coin is used to carry out the operations on the Hedera network like smart contracts, file storage, and regular transactions.
HBAR crypto can be used for staking to secure the integrity of the platform and in turn, it helps to secure the network.
HBAR tokens are used to pay for transaction fees on the Hedera network.
HBAR holders have the ability to participate in the governance of the Hedera network.
Users can stake their HBAR tokens and earn rewards in return.
Developers building applications on the Hedera network can utilize HBAR tokens as a means of creating incentives and economic models within their decentralized applications.
HBAR tokens can be used for rewards, in-app purchases, or other token-based functionalities.
HBAR tokens can be used for crowdfunding and fundraising purposes.
HBAR tokens can facilitate microtransactions on the Hedera network. With its high throughput and low fees, HBAR enables efficient and cost-effective micropayments, making it suitable for various use cases such as content monetization, pay-per-use services, and in-app purchases.
They can be used for lending, borrowing, yield farming, liquidity provision, and other financial activities within the decentralized ecosystem.

Importance of HBAR staking

Users can take part in HBAR staking with wallets such as HashPack, and WallaWallet, or with exchanges that have integrated staking (such as OKX).

Following mentioned are the two steps for HBAR staking (explained in brief):

The first step is to install the wallet on the system and deposit the HBAR coins into the account.
The second step is to choose a validator and stake the tokens to receive rewards with every block created on the blockchain.

Federal Reserve Endorsement

Dropp, a micropayments platform built on Hedera, has been highlighted as a service provider for the Federal Reserve’s FedNow instant payment service. Leveraging Hedera’s distributed ledger technology, Dropp provides merchants with a cost-effective way to accept small-value payments, bypassing traditional high credit card fees. The platform emphasizes consumer privacy, preventing the sharing of user details with merchants. Dropp is available on several digital platforms and is set to integrate with FedNow for real-time payment solutions.

HBAR Price Performance so far

Year to Date (2023): +38.0%
Last 12 Months: -13.3%
Since Launch (2019): -87.8%

Overall, HBAR is a moderate case for Investment.

Hedera Price Prediction: Will HBAR Go Up?

While HBAR hasn’t performed as poorly as say AVAX or DOT, it hasn’t outperformed Ethereum, Matic, or even Cardano. Here is why

Hedera is heavily focused on Businesses where the demand for Tokens is unlikely to be very high and in many cases, Hedera may not be in a position to enforce the use of HBAR tokens.
Interest levels in the coin are very low. For example, compared to Matic, Search Volumes are 80% lower for HBAR. Trading volumes too are far lower than other cryptocurrencies of similar market cap

We believe HBAR crypto is an excellent cryptocurrency with actual use cases but one should keep ROI expectations at a moderate level given the company’s B2B focus at the moment. It is changing but at a rather slow pace. The lack of true centralization has its strengths but in many ways, it is also anti-cryptocurrency.

That said, HBAR coin’s price will rise once global liquidity improves in the next 12-24 months.

Hedera HBAR Price Predictions

Will HBAR reach $10, $20?

Can HBAR Reach $100, $1000?

HBAR Price Prediction Today, Tomorrow and Week

UTC: Sep 24th, 2023 12:02 PM

Hedera HBAR Price Prediction in the next 24 hours is between $0.0503 and $0.0510
Hedera HBAR Price Prediction this week is between $0.0491 and $0.0523

UTC: Sep 24th, 2023 12:38 PM

Overall Outlook	Neutral

1. Market's Wisdom	Neutral
1a. Market Data	Neutral
1b. Technical Recommendation	Neutral

2. Crowd's Wisdom	Neutral
2a. Social Media Buzz	Lower
2b. Social Media Sentiment	Higher

HBAR Price Prediction 2023-2030 (Aggregated)

There is no clear-cut framework for cryptocurrency valuation and hence any long-term price predictions are highly unreliable. However, we can discern some broad trends over the next 7 years

Global Economies are likely to recover in the next 12-18 months
Between 2023 and 2030, we are likely to have at least one recession cycle
As the global population growth rate falls, wealth available per person is rising, giving people more capital to invest in risky assets like cryptocurrencies
Blockchain use cases are rising and will continue to do so over the next 5 years. Tokens on Blockchains where Tokens are consumer focussed are likely to perform better than those that are more business focussed or if the Token is not a necessity
Hedera is extremely well-placed amongst Businesses and has the funding to scale quickly in B2C.

Here is how the aggregated predictions play out

Hedera HBAR Price Prediction 2023 is $0.0747
Hedera HBAR Price Prediction 2024 is $0.114
Hedera HBAR Price Prediction 2025 is $0.169
Hedera HBAR Price Prediction 2026 is $0.229
Hedera HBAR Price Prediction 2027 is $0.279
Hedera HBAR Price Prediction 2028 is $0.383
Hedera HBAR Price Prediction 2029 is $0.545
Hedera HBAR Price Prediction 2030 is $0.788

Read:

Why Investors Need to Know This Underrated Cryptocurrency

Hedera Price Prediction 2023: How to buy HBAR?

The following are the general steps to buy HBAR tokens:

Select a reputable cryptocurrency exchange that supports the buying and selling of HBAR. Some popular exchanges where you can buy HBAR include Binance, OKEx, and Kraken.
Sign up for an account on the selected exchange. Provide the required information, including your email address, username, and password.
Deposit funds into your exchange account. Depending on the exchange, you may have options to deposit fiat currency (e.g., USD, EUR) or other cryptocurrencies (e.g., Bitcoin, Ethereum) that you can then use to buy HBAR.
Once your account is funded, search for HBAR on the exchange’s trading platform. Look for the HBAR trading pair that matches the currency you deposited (e.g., HBAR/USD).
Decide on the type of order you want to place.
Enter the amount of HBAR you want to buy and review the details of your order. Ensure that the information is correct, and if satisfied, confirm the purchase.
After the purchase is completed, consider transferring your HBAR to a secure cryptocurrency wallet.

Where to Buy HBAR?

The majority of exchanges are offering to list HBAR for trading, including:

Binance
Coinbase Exchnage
KuCoin
Bitstamp
Bittrex
Gate.io
OKX
Huobi
Bybit
Crypto.com Exchnage
Bitvavo

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.