Hedera Hashgraph Price Prediction for 2024-2026
2021 was an excellent year for many cryptocurrencies. We witnessed several price hikes since the beginning of the year. HBAR, the native token of the Hedera Hashgraph network, even set an all-time high in 2021. As of the end of November, HBAR has had a growth rate of over 600% for the past year.
Such rapid growth caught the attention of crypto traders and investors. Price surges often trigger FOMO purchases. However, to make more informed decisions about your crypto investments, you should research the prospects of this coin in more detail. In the ongoing bear market, many cryptocurrencies have significantly lost value. HBAR has not been an exception. So, we have prepared the following HBAR price prediction to help you get a better idea of the future of this coin.
HBAR Coin Overview
Hedera Hashgraph is a public network that allows users to create decentralized applications (DApps). It uses the hashgraph distributed ledger technology, which improves upon older blockchain-based platforms. Hashgraph eliminates the blockchain limitations like slow performance and instability.
The Hedera Hashgraph project held an initial coin offering (ICO) in August 2018. Investors could buy the native utility token HBAR for $0.12 during the said ICO. HBAR powers services like smart contracts and regular transactions on the Hedera Hashgraph network. It is also used for securing the network since holders can stake the HBAR tokens. There is a total supply of 50 billion HBAR tokens.
The Hedera Hashgraph network uses the proof-of-stake (PoS) algorithm powered by hashgraph consensus. This mechanism allows for faster transactions with lower bandwidth consumption. The use of cutting-edge technology has been in part the reason for the recent success and popularity of HBAR.
HBAR Price History
The Hedera Hashgraph price was $0.12 per token during the August 2018 ICO. After hitting the market, HBAR didn’t perform particularly well initially. Its price dropped to set an all-time low at $0.01001 on January 2, 2020. The HBAR price fluctuated between $0.01 and $0.07 for the rest of 2020.
On January 19, 2021, the HBAR price crossed the $0.10 line for the first time and was sold at $0.1018. By February 18, 2021, it was trading at $0.1529. A bullish run ensued that set an all-time high at $0.4089 on April 12, 2021. Then, the price dropped again, bottoming at $0.1586 on July 19, 2021. The HBAR price showed an upward trend again, setting the current all-time high on September 16, 2021, at $0.5701.
Then, the bear market happened and the HBAR price progressively dropped in 2022. As of July 23, 2022, the HBAR price was $0.0675.
HBAR Price Prediction 2024
The HBAR price recovery will continue in 2024, albeit with a moderate pace. If this project achieves its technological milestones for 2024, HBAR could sell at a maximum of $0.65 that year.
HBAR Price Prediction 2025
In 2025, HBAR will trade at a maximum of $0.78. However, some experts do not rule out the possibility of this cryptocurrency crossing the $1 level in 2025. The Hedera Hashgraph network offers significant improvements compared to traditional blockchain technology. Hence, 2025 could be the turning point for the HBAR cryptocurrency.
HBAR Price Prediction 2026
2026 will likely be a great year for the HBAR cryptocurrency. The bear market will be over and the HBAR price will reach new all-time highs. In the first-quarter, HBAR will sell at an average price of $2.068, possibly reaching a maximum of $2.338. An upward trend will take the average HBAR price to $2.244, $2.478, and $2.654 in the following quarters. The maximum price this cryptocurrency will reach in 2026 is $2.849.
Months | Avg Price | Lowest Price | Highest Price |
January-March | $2.068 | $1.924 | $2.338 |
April-June | $2.244 | $2.141 | $2.526 |
July-September | $2.478 | $2.25 | $2.651 |
October-December | $2.654 | $2.468 | $2.849 |
Crypto Wallets for Hedera Hashgraph (HBAR)
If you have decided to invest in HBAR, you will need a crypto wallet to store your holding. Ledger Nano S and X are some of the best options. They are hardware wallets, which are widely considered the safest. For beginners, the Atomic wallet is recommended. It is free and works as a desktop wallet.
The HBAR coin is listed by most major exchanges. For example, LetsExchange.io allows you to buy this cryptocurrency with fiat money or other cryptocurrencies at competitive rates. On our platform, you can swap more than 420 digital coins and tokens without registration.
FAQ
What Will HBAR Be Worth in 5 Years?
By the end of 2026, the HBAR price will fluctuate between $2.654 and $2.849. Hence, you can expect an HBAR price to be over that value in 2027.
Is HBAR a Good Investment?
Hedera Hashgraph uses hashgraph, a distributed ledger technology that is purportedly more secure, faster, and efficient than blockchain. As such, the Hedera Hashgraph network can become very successful in the coming years. If it happens, the price of the HBAR token will increase. According to our HBAR crypto price prediction, this token is a good long-term investment.
Is Hashgraph the Future?
The hashgraph technology offers all the benefits of a blockchain without its limitations. Therefore, we may see more and more cryptocurrencies adopting this technology in the future.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.