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"Hedera's HBAR Surge to $7 Predicted as Coinbase Lists Futures"

Coin WorldFriday, Jan 31, 2025 3:50 pm ET
1min read

Hedera, a leading blockchain platform, has seen growing interest in its native token, HBAR, with some analysts predicting a surge to $7 as its DeFi and NFT applications expand. Coinbase, a major U.S.-based crypto exchange, has filed with the CFTC to list Hedera futures, further boosting the token's visibility and potential.

Coinbase's proposed futures contracts for Hedera include HED, pegged at 5,000 HBAR per contract with a position limit of 25 million HBAR. This would have a notional value of about $7.5 million per contract, assuming a price of $0.30 per HBAR. The exchange also plans to launch two types of Solana futures contracts, Standard Solana Futures (SLC) and Nano Solana Futures (SOL), to cater to different risk appetites.

Hedera's potential to reach $7 is supported by its growing role in DeFi and NFT applications, as well as strong partnerships and innovative blockchain technology. Analysts from Changelly and CoinCodex have predicted HBAR's average price to be around $0.0717 and between $0.305733 and $1.091756 in 2025, respectively, suggesting significant growth potential.

Meanwhile, PlutoChain, another blockchain project, is gaining attention for its potential to expand Bitcoin's capabilities by integrating DeFi, NFTs, and AI-powered applications. Its compatibility with the Ethereum Virtual Machine (EVM) and ability to process 43,200 transactions per day could make it an attractive option for developers and users seeking innovation.

As Hedera and PlutoChain continue to grow and innovate, investors and traders are likely to find these projects attractive for diversifying their investments. The high-growth derivatives market in crypto presents new opportunities for investors seeking alternative trading strategies. If approved, Coinbase's listing of Hedera and Solana futures could mark another step toward expanding regulated crypto trading in the United States.

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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