Introduction
The HBAR network is operated by renowned multinational corporations like Google, IBM, EDF, LG, and Boeing. Launched in 2017 by computer science professor Leemon Baird, Hedera Hashgraph (HBAR) aims to democratize the development and exchange of decentralized applications (dApps). But how valuable is the HBAR cryptocurrency? This HBAR crypto review provides an in-depth analysis.
| Metric | Details |
|---|---|
| Market Rank | #35 |
| Project | Hedera Hashgraph |
| Circulating Supply | 24,906,474,262 HBAR |
| Current Token Value | €0.0408 |
What Is HBAR Crypto?
Hedera (HBAR) is an innovative blockchain platform distinguished by its novel technology and corporate backing. Its primary goal is simplifying dApp development and peer-to-peer transactions.
HBAR has grown significantly since its launch, peaking in 2022. It now ranks 35th by market capitalization among cryptocurrencies.
Key Features:
- Eco-Friendly Consensus: Uses a modified Proof-of-Stake (PoS) mechanism, reducing energy consumption and transaction costs while speeding up processing.
- Corporate Backing: Supported by industry giants like Google and IBM, ensuring stability and credibility.
- Developer Focus: Continual R&D investments drive daily innovations, enhancing platform functionality.
👉 Discover how to trade HBAR securely
Should You Invest in HBAR? Our Quick Take
Here’s why HBAR could be a worthwhile investment:
1. Node Operators Earn Rewards
Unlike many blockchains, Hedera compensates node operators, providing passive income opportunities.
2. Lightning-Fast Transactions
Hedera’s Hashgraph technology enables 10,000+ transactions per second (TPS), far outpacing traditional blockchains.
3. Low Energy Consumption
Its PoS variant minimizes carbon footprint, aligning with sustainable crypto trends.
4. Continuous Innovation
Regular updates and partnerships (e.g., with Boeing) bolster long-term growth potential.
5. Strong Long-Term Outlook
Analysts predict HBAR could hit $1 by 2025, driven by institutional support and technological advancements.
HBAR Price Predictions (2023–2031)
| Source | 2023 | 2025 | 2030 | 2031 |
|---|---|---|---|---|
| PricePrediction | $0.062 | $0.15 | $1.20 | $2.15 |
| Kryptozeitung | $0.0438–$0.0704 | $0.086 | $0.2157 | – |
| BitcoinWisdom | $0.12 | $0.25 | $0.53 | – |
| TechNewsLeader | $0.19 | $0.56 | $1.78 | $3.96 |
| Bicoinethereum | $0.30 | $1.00 | $5.36 | $8.26 |
Media Sentiment on HBAR
- Cointelegraph: Praises HBAR’s speed, low fees, and enterprise-grade security.
- CryptoSlate: Highlights its eco-friendly design and potential to revolutionize distributed ledgers.
Where to Buy HBAR?
For secure HBAR trading, we recommend regulated platforms like eToro (CySEC-approved). Steps to invest:
- Sign Up: Create an account on eToro.
- Select HBAR: Navigate to the crypto section.
- Trade: Choose amount and set risk-management tools (e.g., stop-loss).
Final Verdict
HBAR is a high-potential crypto with:
- Corporate partnerships (Google, Boeing).
- Scalable technology (10,000+ TPS).
- Green credentials (low-energy PoS).
Analysts forecast steady growth, making it a compelling long-term hold.
FAQs
1. What’s HBAR’s current price?
As of this review, HBAR trades at €0.0408 (-1.14% in 24h).
2. How to buy HBAR?
Use a trusted broker like eToro for secure transactions.
3. What is HBAR used for?
Hedera facilitates dApp development and secure P2P transactions.
4. Is HBAR eco-friendly?
Yes, its PoS consensus reduces energy use by ~99% vs. Bitcoin.
5. Will HBAR reach $1?
Experts project it could surpass $1 by 2025–2026.
6. Who backs Hedera?