Bittime - Some analysts say that, currently, no other network has more potential in terms of real utility than Hedera, which could be considered the “oil” to Bitcoin’s “gold .
828% surge in HBAR throughout 2024
In an interview, Mike Maloney spoke with Brandon Hargraves of Hedera Bull. Brandon explained that Hedera has experienced an incredible surge, with an increase of around 828% from November 2 to December 2.
He felt fortunate to have invested in HBAR early on, and as HBAR’s value increased, he had to rebalance his portfolio by selling some crypto assets and buying silver to protect against market volatility.
Also read How to Buy Hedera (HBAR)
Hedera Hashgraph (HBAR) Advantages
Brandon explains that HBAR is the native cryptocurrency of the Hedera public network, which uses hashgraph technology created by Dr. Leeman Barrett, one of Hedera's founders.
Hedera is a layer one network that has many advantages, including processing speeds of up to 10,000 transactions per second, and can handle even more with its designed sharding technology.
Hedera's security is also very high, using an asynchronous Byzantine fault tolerance model.
The Importance of HBAR Management Aspects
One of the important aspects of Hedera is its governance. Hedera does not only want to be a network managed by a group of developers, but also involves the largest users of the network to organize and manage.
They have formed the Hedera Governing Board of 32 members, including major companies like Google, IBM, and Boeing. Brandon hopes companies like Tesla or SpaceX will join as well.
High Ivy Service (HBAR)
Hedera offers a variety of services, including cryptocurrency services, smart contracts, consensus services, and token services.
By using token services at the base layer, Hedera can achieve much higher efficiency compared to other networks that use smart contracts, which often reduce efficiency to 99%.
HBAR's Very Fast Transaction Speed
Brandon also highlighted Hedera's incredible speed, with token transfers from personal wallets to Coinbase taking just about a second.
He believes that Hedera has advantages in every sector, from gaming to real-world asset tokenization and decentralized physical infrastructure.
Factors Affecting HBAR Prices
Some of the key factors that will influence the price of HBAR in the next few years include:
- Network Adoption and Growth : Hedera’s success largely depends on how widely the network is adopted. The more businesses and developers use the Hedera network, the higher the demand for HBAR, which could drive the price up.
- Technological Advancement and Ecosystem Development : Hedera’s continued development and technological improvements will influence its appeal to users. New features, increased scalability, and better security will play a role in its market position.
- Overall Crypto Market Conditions and Sentiment : The broader cryptocurrency market has a significant impact on the prices of individual crypto assets. Bull markets typically lift all assets, while bear markets can depress prices drastically.
- Competition and Alternative Solutions : Hedera faces competition from other enterprise-focused blockchain platforms. Its ability to differentiate itself and offer unique advantages will be critical to its long-term success.
- Regulatory Environment : Government regulation plays a vital role in the cryptocurrency market. A favorable regulatory framework can boost investor confidence and attract more institutional investment, which has a positive impact on the price of HBAR.
HBAR Price Prediction for 2025: Could it Reach $5?
While it is impossible to predict the exact price of HBAR in 2025, we can explore some potential scenarios based on the above factors:
- Scenario 1 : Conservative Growth: In this scenario, moderate adoption, steady technological advancement, and a relatively stable cryptocurrency market are assumed. HBAR could see a gradual increase in price, possibly reaching between $0.50 to $1.00 by 2025.
- Scenario 2 : Significant Growth: This scenario envisions widespread adoption, rapid technological advancement, a positive regulatory environment, and a bullish cryptocurrency market. Under these conditions, the price of HBAR could experience substantial growth, possibly reaching $2.00 to $5.00 or even higher.
- Scenario 3 : Stagnation or Decline: This scenario considers unfavorable circumstances, such as slow adoption, intense competition, negative market sentiment, or unfavorable regulatory changes. In this case, the price of HBAR may remain relatively flat or even decline from current levels.
Also read Hedera (HBAR) Price Analysis in Early December
Conclusion: Analyzing Uncertainty
Predicting the future value of HBAR in 2025 involves significant uncertainty. Despite its huge growth potential, the cryptocurrency market remains highly volatile.
A diversified investment strategy is always recommended. Monitoring the factors discussed above—adoption, technological developments, market conditions, and the regulatory environment—is critical to staying informed about HBAR’s future.
Be sure to do your research before making any investment decisions.
FAQ
What is HBAR Coin?
HBAR is the native token of the Hedera Hashgraph network, which is a decentralized platform for applications and services that require high speed and security.
HBAR is used to pay transaction fees, provide incentives to nodes that validate transactions, and as a tool to secure the network.
What is the Function of Hedera Hashgraph?
Hedera Hashgraph serves as a platform for building decentralized applications (dApps) with high speed, low fees, and strong security.
Hashgraph technology enables faster and more efficient transactions compared to traditional blockchains, and supports a wide range of applications, including payments, digital identity, and asset management.
What Company is HBAR?
HBAR is a token developed by Hedera Hashgraph, founded by Leemon Baird and Mance Harmon.
Hedera Hashgraph is a company that manages and develops Hashgraph technology, aiming to provide a secure and efficient infrastructure for decentralized applications.
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Reference
The GoldSilver Team, The Ultimate Guide To HBAR For 2025 - What Next For Hedera? Mike Maloney, Diakses 13 Desember 2024
Alexander .P, what will hbar be worth in 2025, Diakses 13 Desember 2024
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