Hedera Hashgraph (HBAR) has overtaken Stellar (XLM) and Polkadot (DOT) in market capitalization. Now the token ranks 16th on CoinMarketCap, solidifying its position above XLM and DOT.
The news has attracted interest within the crypto community, with the account Moon Peep celebrating this milestone in a tweet calling it a “historic rise.”
OFFICIAL: $HBAR FLIPS $XLM AND $DOT WE ARE WITNESSING HBARS HISTORIC RISE TO TOP 10 pic.twitter.com/ftQmO1Iydw
— $HBAR to the Moon | Moon Peep (@hbar_to_moon) December 24, 2024
HBAR currently has a market capitalization of $11,463,641,514. Its price stands at $0.3021, reflecting an 11.96% increase over the past day and a 9.08% rise over the week. Trading volume for the day has reached $1,295,962,781, highlighting growing interest in the token.
HBAR’s Market Performance and Historical Trends
HBAR’s recent rise in value follows a pattern of notable volatility and growth. During the 2020–2021 market cycle, the token surged from $0.03 to $0.50. More recently, HBAR rebounded from lows of $0.042 to $0.33 on certain exchanges, nearly an eightfold increase.
A YouTube analysis expert Levi, who has over 171k subscribers, discusses HBAR’s potential in the broader crypto market. The token’s current market share is approximately 0.1368% of the global crypto market, which is valued at $3.5 trillion.
Levi emphasizes that this small share leaves room for future growth, with a price projection of $3 to $5 by 2025. This would translate to a value of $3,000 to $5,000 for a holding of 1,000 HBAR tokens.
Read also: Here’s How the Bitcoin Price Historically Performed on the Christmas Day
Institutional Support and Role in the RWA Market
Hedera’s ecosystem includes backing from major institutions such as Google, Amazon, BlackRock, and Grayscale. This support indicates the platform’s utility and potential for widespread adoption in the blockchain industry.
Levi’s analysis also highlights HBAR’s role in the RWA market, which he projects to reach $1.3 trillion by 2030.
Should HBAR capture 20% of this market, it could achieve a 666x increase from current levels. This would potentially mean reaching around $166 per HBAR by 2030. Such growth could transform 1000 HBAR into $166k.
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The post Hedera Flips Stellar and Polkadot: Here’s How Much 1000 HBAR Could Be Worth in 2025 appeared first on CaptainAltcoin.
