Hydra (HYDRA) Price Prediction – 2024, 2025 – 2030
Hydra (HYDRA) Overview
🪙 Cryptocurrency | Hydra |
---|---|
💱 Ticker Symbol | HYDRA |
🏆 Rank | 1138 |
💸 Market Cap | $12,237,457 |
💲 Price | $0.613312 |
🚀 Trading Volume | $154,293 |
📈 Price Change (24h) | -4.63% |
💰 Current Supply | 19,953,054 |
- Bullish Hydra (HYDRA) price predictions range between $3.68 and $3.99 by 2030.
- Market analysts believe HYDRA could reach $1.53 by 2025.
- Bearish Hydra market price prediction for 2024 is $0.49065.
Hydra (HYDRA) Introduction
The cryptocurrency market is a growing ecosystem that is led by many blockchains like Ethereum, Fantom, and Solana. Now imagine a chain that combines all the benefits that are unique to each network to create another chain, creating a more efficient and permissionless network than its originators. That network is Hydra, a non-custodial financial network that replicates the traditional finance structure on the blockchain.
Hydra Network was built towards the end of 2020 but established itself as one of the strong digital coins that were not showing risky framing segments as price value rose because of the utility it provides to the chain. The network was designed to implement programmable payments on an open source technology system through the utilization of fiat-backed stablecoins like USDT and BUSD, which are stabilized by its native token HYDRA algorithmically. The network has millions of users who grow daily as the market capitalization of the token grows through bull and bear markets.
However, with maximum research in the historical price data of Hydra Network (HYDRA) since its creation, we have drawn up a guide that evaluates the fundamentals of the project, the future price forecast of HYDRA, and the potential of being a profitable investment in the coming years.
What is Hydra Network (HYDRA)?
Hydra is an open infrastructural blockchain with unique features that were designed by Pavel Vasin from the modified creation of numerous financial payment chains, including Ethereum, QTUM, Bitcoin, and BlackCoin’s PoV v3. Hydra chain copied the production version of Qtum blockchain network, implemented the Ethereum Virtual Machine (EVM) into its Account Abstraction Layer, and got forked from Bitcoin core while also using its UTXO transaction model. This unique and revolutionary design was inspired by the BlackCoin project that looks to integrate the best features of both the Bitcoin and Ethereum blockchain by the team behind the publication of LockTrip Blockchain Manifest, which looks to prioritize the focus on decentralized payment transactions and redistribute the Ethereum applications on the network at a high-speed rate.
Hydra chain features a strong node architecture that has more than 500 validators that were enabled through the various campaigns launched by the protocol globally with a Proof-of-Stake consensus mechanism of operation. It utilizes multiple economic models, inflationary and deflationary mechanics, to ensure the data transmission speed on the chain while maintaining the neutral momentum and total supply of the tokens on the network. The unique inflationary economic model on the Hydra Chain is fixed. It would increase the chances of users’ engagement and stimulation to stake their tokens, which will invariably ensure their active participation in the project.
During the creation of the Hydra protocol, the team made the token reaction different from the operation of the other blockchains by making the tokenomics of the chain a direct representation of the system’s utility and economy instead of a random selection of numbers. The transaction fees on the network are calculated in the native token HYDRA though fixed in USD, depending on the current price in the crypto market. This dynamism in transmission aids on-chain predictability for business builders and developers and also reduces the risk structure of conducting blockchain transactions. The incentive structure on the network is heightened by the gas royalty feature that grants 50% of all transaction fees to smart contract developers that attracts more builders to the network for a wider transactional economy.
Hydra (HYDRA) Fundamental Analysis
Hydra Chain was founded by Hristo Tenchev and Nikola Alexandria. Alexandria is acting as the CEO of the chain. They’re both linked to the creation of LockTrip.com, a leading travel network on the blockchain that operates in over 200 countries with more than 2 Million integrated hotels through contracts that makes it one of the top travel suppliers in the world. This is to emphasize the tenacity of the founding team of the Hydra Chain projects and how credible the growth of their network has been so far.
Since the era of blockchain evolution, one of the leading issues is the choice between the deflationary and inflationary economic models for their network operation and how to switch between them. However, Hydra Chain specifically targets this challenge by inventing a mechanism that enables the maintenance of the inflationary driven block incentives while permanently reducing as much as 100% of the generated gas fees and token supply on the protocol. This unique design has contributed to the unparalleled growth of the Hydra Chain while maintaining security and data privacy.
Scalability
Hydra Chain has scaled and expanded the accommodation of its ecosystem by launching the HydraSwap, a decentralized exchange that contributes to the development of the Hydra DeFi ecosystem. The chain also runs Rezchain, a blockchain-based travel booking verification technology system for the second largest global travel supplier Webjet, GoMeat, a meat delivery application, Evedo, a digital event ticketing platform, and LockTrip. All these projects are built on the network because of the versatility and range it provides to the investors.
Tokenomics
The token operation of Hydra Chain (HYDRA) is different from other networks because of its market-centred approach to demand and supply in determining the tipping point and utility of its economy. At the initial stages of the Hydra Chain, the circulating supply of HYDRA tokens was 18.5 million tokens which were greatly affected by the inflationary factors of the blockchain thereby leading to an increase in the total supply. However, this inflationary aspect was gradually overtaken by the 50% deflationary pull on the transaction charges as more users adopt the platform.
Hydra (HYDRA) Current Price
Hydra is currently worth $0.613312 USD. HYDRA has moved -4.63% in the last 24 hours with a trading volume of $154,293. Hydra is currently ranked 1138 amongst all cryptocurrencies with a market capitalization of $12,237,457 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Hydra (HYDRA) to decide wether it is going to have a bullish or bearish year.
Hydra (HYDRA) Price Predictions
With the constant changes in the price movements in the market, investors always need to be updated about the price changes to ensure portfolio security against liquidation and maximum profitability in the long term. With the aid of advanced technical analysis tools like neutral average directional index and action RSI, we have curated the expected average trading price, maximum price level, and minimum price value of HYDRA in the following years.
Year | Minimum Price | Average Price | Maximum Price |
---|---|---|---|
2024 | $0.735975 | $0.858637 | $0.919969 |
2025 | $1.23 | $1.35 | $1.53 |
2026 | $1.84 | $1.96 | $2.15 |
2027 | $2.45 | $2.58 | $2.76 |
2028 | $3.07 | $3.19 | $3.37 |
2029 | $3.68 | $3.80 | $3.99 |
2030 | $4.29 | $4.42 | $4.60 |
2031 | $4.91 | $5.03 | $5.21 |
2032 | $5.52 | $5.77 | $6.01 |
Our price prediction forecasts use real-time Hydra (HYDRA) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Hydra (HYDRA) Price Prediction 2024
Hydra, according to some, is one of the most amazing cryptocurrencies to rise this year (HYDRA). The HYDRA price forecast for 2024 anticipates a significant increase in the year’s second half, possibly reaching $0.919969.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.858637 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. HYDRA is expected to have a minimum value of $0.735975.
Hydra (HYDRA) Price Prediction 2025
In 2025, Hydra HYDRA price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of HYDRA will soon surpass $1.53. However, we should wait to see if the HYDRA’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, HYDRA will trade with a minimum trading price of $1.23 and an average trading price of $1.35.
Hydra (HYDRA) Price Prediction 2026
If the upward trend continues until 2026, it could reach $2.15 and HYDRA may profit. If the market experiences a decline, the goal may not be met. HYDRA is expected to trade at an average price of $1.96 and a low of $1.84 in 2026.
Hydra (HYDRA) Price Prediction 2027
If Hydra successfully boosts market sentiment among cryptocurrency enthusiasts, the HYDRA coin price could remain stable for the next five years.
According to our projections, HYDRA will be green in 2027. The HYDRA is expected to reach and surpass its all-time high in 2027. In 2027, the virtual currency will be worth $2.76, with a minimum price of $2.45 and an average price of $2.58.
Hydra (HYDRA) Price Prediction 2028
After some extensive forecasting and technical analysis, we estimate the HYDRA price is expected to cross an average price level of $3.19 by 2028, with a minimum price of $3.07 expected before the end of the year. Furthermore, HYDRA has a maximum price value of $3.37.
Hydra (HYDRA) Price Prediction 2029
Due to the future partnerships that are expected to happen by 2029, we are expecting that a bullish trend will continue, bringing the average price to around $3.80. If HYDRA manages to break the resistant level in 2029, we could see a maximum price of $3.99, failing to gather the support HYDRA needs by 2029 could result in a low of $3.68.
Hydra (HYDRA) Price Prediction 2030
While HYDRA is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $4.29 and a yearly price close above $4.60 in 2030.
Hydra (HYDRA) Price Prediction 2031
By 2031, Hydra will finally surpass its previous ATH values and record new price levels. The minimum price could be $4.91 and potentially reach a maximum price value of $5.21, averaging out at $5.03.
Hydra (HYDRA) Price Prediction 2032
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2032, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum HYDRA price in 2032 is projected to be $6.01 in the event of a bull run, with an average price level of $5.77.
Conclusion
The fundamentals of Hydra Chain (HYDRA) so far are very promising, from the fundamentals to the leading team of the protocol, so it is expected to be a strong token. But, make sure to do due diligence and do your own research while monitoring the market sentiment before investing in any project.
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FAQ
What is the Hydra (HYDRA) price today?
Today, Hydra (HYDRA) is trading at $0.613312 with a total market capitalization of $12,237,457.
Is Hydra a good investment?
Hydra proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that HYDRA is a good choice of investment.
How high can Hydra go?
The average price of Hydra (HYDRA) can possibly reach $0.858637 this year. Over the next 5 years, it is projected that Hydra may surpass $3.99.
How much will Hydra be worth in 5 years?
Based on the rising popularity of cryptocurrency and Hydra, a long term investment in HYDRA could see the price rise to $3.99 within the next 5 years.
How much will Hydra be worth in 10 years?
If you invest in Hydra today, as with any investment, a long term increase is expected. The price of HYDRA could possibly rise to $7.79 within the next 10 years.
What will the Hydra price be in 2024?
Hydra (HYDRA) price is expected to reach $1.53 by 2024.
What will the Hydra price be in 2025?
Hydra (HYDRA) price is expected to reach $2.15 by 2025.
What will the Hydra price be in 2026?
Hydra (HYDRA) price is expected to reach $2.76 by 2026.
What will the Hydra price be in 2027?
Hydra (HYDRA) price is expected to reach $3.37 by 2027.
What will the Hydra price be in 2028?
Hydra (HYDRA) price is expected to reach $3.99 by 2028.
What will the Hydra price be in 2029?
Hydra (HYDRA) price is expected to reach $4.60 by 2029.
What will the Hydra price be in 2030?
Hydra (HYDRA) price is expected to reach $5.21 by 2030.
What will the Hydra price be in 2031?
Hydra (HYDRA) price is expected to reach $6.01 by 2031.