Hedera Hashgraph News

Hedera Hasgraph (HBAR) price has been in a slump for more than 18 months now. HBAR hit its all-time high in September 2021. Currently, the price is trading 90.75% down from its ATH. The latest analysis shows that there is a key level on the chart which can be broken to signal a bullish reversal. Hedera was founded in Dallas in 2018 and is a platform for building decentralized applications using the hashgraph algorithm for a more transparent and efficient network. Hedera uses a hashgraph consensus mechanism, enabling better distribution and decentralization of voting rights on the ecosystem than could be obtained with Ethereum or Bitcoin. Hedera's blockchain is used in energy, agriculture, advertising, and supply chain management. More than 39 organizations serve in the governing council for Hedera's Hashgraph. Table of contentsHedera Hashgraph Coin FoundersHedera Hashgraph Road MapHedera Hashgraph's Adoption StatisticsHedera Hashgraph Price Prediction 2022Hedera Hashgraph Price Prediction 2025Is Hedera Hashgraph a Good Investment?How to Buy Hedera Hashgraph?HBAR/USDT: Weekly Chart Hedera Hashgraph History Hedera Hashgraph was co-founded in 2018 by Mance Harmon and Leemon Baird. Baird was responsible for inventing the hashgraph consensus algorithm. This algorithm ensures almost 100% efficiency in bandwidth usage, ensuring that more transactions per second can be effected in a single, fully connected mesh of nodes in the network. This consensus algorithm's beta test has produced up to 10,000 transactions per second. Hedera ecosystem. Source: Hedera.io Hedera Hashgraph Roadmap 2023 Hedera Hashgraph has released its 2023 roadmap. This roadmap has been divided along the lines of quarterly milestones. For clarity, HIP stands for Hedera Improvement Proposal. Q1 2023 kicks off with payers-sponsored account creation. The proposal is named HIP-542, and the feature will support auto-creation via HTS assets. Hedera Hashgraph (HBAR) also intends to enhance smart contract traceability in Q1 2023 via HIP-260. Mirror node scalability is another feature enabling mirror nodes to store increased transaction load. Here is what is lined up for the 2nd quarter of 2023. In Q2 2023, Hedera plans to increase decentralization by enabling community nodes by the introduction of permissioned, community-run mainnet nodes. Smart contract usability improvements are also expected in Q2, with additional support for ECDSA. EVM archive node will add support to the mirror node to query the state of a particular smart contract. Several other developments are slated for the second half of the year. These include decentralization improvements, scalability enhancement, staking optimization, account virtual addresses HIP-631, etc. Hedera Hashgraph Blockchain TVL Hedera surpassed the 1-billion transaction mark in April 2021 much faster than Bitcoin or Ethereum. In addition, the deployment of the Hedera Consensus Service for handling the majority of transactions on Hedera has also led to a much smaller energy consumption imprint than Ethereum. Since the Hedera mainnet went public in 2018, several corporate entities have signed up to use its blockchain. These include AdsDax, Coupon Bureau, Everyware, Entrust, Hala Systems, ProvenDB, and Safe Health Systems. The number of decentralized applications on Hedera Hashgraph is also rising. In 2018, there were less than 20 dApps on Hedera. In July 2020, there were just 26. Today, there are more than 100 dApps. There is currently $29 million worth of HBAR locked on Hedera Hagraph blockchain. Hedera Hashgraph Price Prediction 2023 Technical analysis of HBAR price chart reveals that it has been respecting the $0.055-$0.10 range for quite a while now. The price is currently trading below this range, and the range low of $0.055 is acting as a resistance. A reclaim of this level can make Hedera Hashgraph price prediction 2023 of $0.10 a reality. HBAR Price Chart Hedera Hashgraph Price Prediction 2025 Despite the recent correction, the Hedera Hashgraph price prediction 2025 indicates the potential for a recovery. The monthly chart shows that the asset has broken its uptrend on the monthly timeframe. The price now needs to close a month above its March 2021 high of $0.2695 to flip bullish and target a new all-time high. HBAR Monthly Chart This can only happen if the network gains significant adoption in the coming two years and establishes itself as a major layer 1 smart contract platform. The exact Hedera Hashgraph price prediction 2025 is anybody's guess at this point as the BTC price is still trading below $30,000. Is Hedera Hashgraph a Good Investment? Is Hedera Hashgraph a good investment? Notable Shark Tank investor Kevin O'Leary thinks it is. O'Leary has a net worth of $400 million, and his investment focus is to invest in blockchain networks that are going to warehouse metaverse projects. According to a recent KITCO News interview, he has included Hedera Hashgraph in his investment portfolio. Hedera-MetaVRse Collaboration. Source: @HBAR Twitter page So the question is: can Hedera Hashgraph position itself to attract stunning Metaverse projects? The HBAR Foundation joined the Metaverse race in December 2021. It is partnering with MetaVRse to enable the companies to build Metaverse projects on its platform. The news spurred a 27% spike in the second week of December 2021. So yes, the Metaverse could be a game-changer to make HBAR a good investment. Prices are currently attractive for entry, but returns will depend on how well the HBAR Foundation executes its Metaverse strategy. How to Buy Hedera Hashgraph? How can you buy Hedera Hashgraph (HBAR) tokens? The HBAR token exists as a pairing with Tether, Bitcoin, or the US Dollar on many crypto exchanges. You can buy HBAR tokens with these cryptos or fiat channels using market orders or limit orders. Limit orders are the best bet in volatile market situations to avoid excessive fees and slippage. HBAR/USDT: Weekly Chart Follow Eno on Twitter.