Hedera ($HBAR ) cryptocurrency has been one of the top performers in the cryptocurrency market, with an impressive 122% increase in its price in 2024. This rise occurred in just one week, reflecting the growing interest in this high-speed and low-cost distributed ledger platform, especially in the realm of enterprise applications.
Despite a slight drop of 2.04% in the past 24 hours, the value of HBAR continues to hold at a robust level of $0.2721 USD. The Hedera network continues to gain strength thanks to important strategic collaborations, such as its partnership with Pyth Network to integrate high-frequency price feeds into its infrastructure, enhancing its DeFi ecosystem.
With a positive outlook for 2025, analysts predict that the price of Hedera could fluctuate between $0.60957 and $0.86291 USD, offering a potential return of 158.63% for investors.