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The News God > Blog > Business & Finance > Future Forecast for Hedera and Ada
Business & Finance

Future Forecast for Hedera and Ada

Rose Tillerson Bankson
Last updated: June 29, 2022 10:08 am
Rose Tillerson Bankson - Editor
April 26, 2022
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Future Forecast for Hedera and Ada
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While Bitcoin and Ethereum are booming and their value is soaring, there are many other coins that are also worth your attention. It is especially valid for those investors and traders who are starting their way in the cryptocurrency world or those who want to try something without risking big money. 

Contents
Cardano and Its PerspectivesHedera Hashgraph – Is It Worth Investing into It?

There are some coins that do not cost thousands of dollars for now, but they have all the potential to become leaders in the future. What about checking the most promising projects to determine the right ones to invest into?

Here, we’d like to draw your attention to the Cardano project with its native coin ADA, and the Hedera Hashgraph project with its HBAR native coin. 

Cardano and Its Perspectives

Cardano was launched in 2017 and positions itself as the most advanced third-generation blockchain. The blockchain has its native cryptocurrency called ADA. For now, the ADA coin doesn’t leave its place among the top 10 coins based on the market capitalization. 

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Cardano is considered to be one of the main competitors of Ethereum, the first blockchain that enabled the development of smart contracts and Dapps. The blockchain was launched in several phases. The first phase was launched in 2017 when the mainnet of Cardano started running. The second phase was completed by the introduction of the Cardano consensus protocol called the Ouroboros. The third phase started with the introduction of support of smart contracts and decentralized applications. 

One of the main benefits of Cardano is its academic approach to every new feature. All the new functionalities are introduced in collaboration with the specialists in the respective fields. This and the previously mentioned reasons are the main factors that make the ADA price prediction 2022 pretty promising. It is expected that the ADA coin will reach the value of 3.10 USd per coin, and the most optimistic predictions claim that the coin’s price might grow even higher. Therefore, if you consider a project to invest before its price surges, ADA might be the right choice.

Hedera Hashgraph – Is It Worth Investing into It?

Another coin you might want to learn about is HBAR. It is the native token of the Hedera Hashgraph network. The HBAR network is used to develop and support decentralized applications, just like Ethereum does. That’s why, even though the price of the coin isn’t too promising now, the Hedera price prediction 2025 is pretty optimistic. 

The network runs on the proof-of-stake consensus algorithm which enables the HBAR holders to earn additional funds on the coin staking.

The token sale was initiated in an ICO in August 2018. The coin was sold at the value of 0.12 USD but further, the HBAR price has dropped significantly and was pretty low for a long time. Only in 2021, the token value recovered. It was also the year when the token set its all-time high at the level of 0.4089 USD. It happened in April. Then, the HBAR price dropped until the next bullish run when the coin reached its historical all-time high of 0.5701 USD. After that, the coin value has lowered but HBAR still remains one of the most promising coins if you are going to invest long-term. 

Therefore, if you want to try something that isn’t overly expensive but has real perspectives, both Cardano and Hedera Hashgraph for sure deserve your attention. 

If you believe that these coins are not enough for you, that you want to diversify your cryptocurrency portfolio to leverage from all the opportunities that cryptocurrency offers, try to check top cryptocurrencies that cost under one dollar per one coin. Among them, you can also find a lot of promising projects. 

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