The crypto projects have gained huge popularity among investors (both institutional and retail). The potential of handling transactions in a decentralized environment has made altcoins accelerate, more than the largest crypto, Bitcoin (whose dominance stands at 41% currently). This is because a transaction on the Bitcoin blockchain takes a lot of time and data accessibility limitations are there.
The Hedera Hashgraph project was launched for resolving these issues. The objective of this protocol is to offer blockchain features as a distributed ledger technology (DLT) without having any limitations. Moreover, this network is eco-friendly and highly secure. It comes with major advantages such as the ability to make network transactions and microtransactions in just a click.
If you are interested to invest and trade the native token of the Hedera Hashgraph, which is HBAR, for yielding profit and sustainability, you must know more about the project, its potential, fundamentals, and price predictions/forecasts (up to 2025).
All these facts and figures will help you to make a decision on investing in Hedera Hashgraph by making HBAR price predictions:
The Hedera Hashgraph project uses the fast, fair, and secure hashgraph consensus mechanism for running dApps (Decentralized Applications). This is the only public distributed ledger technology that uses a hashgraph consensus mechanism. It was designed for coming up with a fairer and more efficient system that does away with some of the limitations (instability and slow performance) of the older blockchain-based platforms.
Dr. Leemon Baird and Mance Harmon are the two founders of Hedera Hashgraph. Though the network was co-founded back in mid-2010, the project’s native token (HBAR) was initially released in July 2017. In August 2018, the ICO (Initial Coin Offering) was done and the open access to its mainnet was launched in September 2019.
The one reason that makes Hashgraph so special is its higher transaction speeds. Statistics show that 10,000 transactions can be done per second. Hashgraph is called a superior blockchain as all payments take place in a secure, fair, and rapid way.
Within the Hedera Hashgraph network, the native HBAR token mainly has two purposes:
The price of the HBAR token was hovering around US$0.03 at the beginning of 2021 and it kept trading sideways for some days. However, it shot up to US$0.1 by the first week of February 2021. This bullish trend continued till mid-March 2021 and went on to hit US$0.4495.
The Hedera Hashgraph project closed many partnerships and also carried out many new updates. The Indian Institute of Technology Madras (IIT-M) joined the Hedera Governing Council for expanding its research footprint in the use cases of the new blockchain, especially in DLT (distributed ledger technology). The announcement of this partnership was done on September 14, 2021.
Just after this announcement, the HBAR coin’s price hit an all-time high at US$0.4790. However, at press time on September 17, 2021, the price of the Hedera Hashgraph coin was hovering around US$0.4376.
The price of Hedera Hashgraph’s native token is expected to rise further, HBAR price analysis shows.
You can buy Hedera Hashgraph now to experience a massive price increase in the coming 1-to-5-years. Always remember that cryptocurrency forecasts and investment advice always come with the risk of loss. As prices of digital assets are highly volatile, you should be ready to consider the loss aspect too. If you can’t afford to lose money, crypto forecasts and crypto investment are not for you. Instead invest in fixed income assets.
To be sure about your investment, always go through the fundamentals, technicals, and historical data of the price of the Hedera Hashgraph market. Once you are absolutely sure about investing, go through the forecasted HBAR price, and then invest.