Hedera (HBAR) Price Prediction – Can Hedera's New Partnership with Taurus Help It Skyrocket to $30?

Even with the recent price drop over the past few weeks, experts like Shawn Sully still write about a glorious future for HBAR – predicting that the $30 mark will just be the beginning.

Hedera (CRYPTO: HBAR) has experienced setbacks in recent weeks, but some experts remain optimistic, predicting that the token could reach the $30 price point. In this article, we'll explore this price target and discuss factors that could contribute to such a significant price increase.

At the same time, a new project — PlutoChain ($PLUTO) — aims to aid Bitcoin (CRYPTO: BTC) in scaling by potentially offering faster transactions, lower fees, and Ethereum (CRYPTO: ETH) compatibility. Given its potential to address some of Bitcoin's key challenges, PlutoChain is a project to keep an eye on in the coming weeks.

Let's delve into the details!

Hedera (HBAR) Price Prediction: Could Hedera's New Partnership with Taurus Help It Skyrocket to $10?

Despite recent price declines, some experts, like Shawn Sully, continue to highlight a promising future for HBAR — predicting that the $30 price point will only be the starting point.

Meanwhile, the Hashgraph Association has partnered with Taurus, a digital asset company, to make storing HBAR safer and easier. The goal is to help banks and financial institutions use Hedera's technology in a safer way.

The focus is on regions like Europe, Asia, the Middle East, and Africa, where crypto regulations are becoming clearer. In particular, Europe has new MiCA rules that provide more certainty for businesses and investors. According to Hashgraph Association President Kamal Youssefi, these clear rules could make institutions more confident in using Hedera.

For HBAR, this could lead to increased adoption — and if banks and large investors begin to use Hedera's network, demand for HBAR could rise. Moreover, institutional involvement can contribute to stability and higher liquidity, which could benefit HBAR's price in the long term. With improving regulations and infrastructure, Hedera is well-positioned to expand its footprint in global finance.

PlutoChain ($PLUTO) May Help Bitcoin Scale with Its Hybrid Layer-2 Solution

PlutoChain ($PLUTO) has the potential to be the breakthrough that helps Bitcoin reach new heights. While Bitcoin is renowned for its strong security and decentralization, it lags behind networks like Ethereum and Solana in terms of speed and scalability.

Here's how PlutoChain's hybrid Layer-2 blockchain could enhance Bitcoin's functionality in ways that might fundamentally change how it's used.

With a block time of just 2 seconds, compared to Bitcoin's 10-minute block time — PlutoChain could make Bitcoin more practical for everyday transactions while potentially slashing fees.

It could also introduce smart contracts to Bitcoin, a capability that the network currently lacks. This would allow developers to build decentralized applications (dApps) on Bitcoin, opening up possibilities in DeFi, NFTs, and AI-powered platforms.

It has the potential to connect different blockchain networks. By combining Bitcoin's security with Ethereum's EVM compatibility, PlutoChain may enable developers to build DeFi apps and NFT marketplaces on Bitcoin. The project also allows users to vote on key decisions, giving the community a strong say in the matter.

Security is paramount, and PlutoChain has already undergone audits by firms like SolidProof, QuillAudits, and Assure DeFi. Testnet results indicate that it could handle over 43,200 transactions per day, already showcasing potential for real-world use.

Final Thoughts

The Hashgraph Association's partnership with Taurus may make it safer for banks and institutions to store and use HBAR. With clearer regulations, we could see more financial players adopting Hedera's technology.

Meanwhile, new projects like PlutoChain ($PLUTO) are emerging to help Bitcoin by potentially making transactions faster and adding smart contracts.

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This article does not contain financial or investment advice. Always conduct thorough research before making any involvement in the crypto market. Forward-looking statements are inherently risky and may not be realized.