What Will 10,000 Hedera (HBAR) Be Worth by 2028?

10,000 Hedera (CRYPTO:HBAR) is valued at about $664, with HBAR trading around 6.6 cents. When HBAR reached its all-time high of 57 cents on September 15, 2021, that same stack was worth approximately $5,692. HBAR now trades about 88.3% below that peak.

HBAR is down 7.6% over the past week and 24.2% in the last month. It fell from 8.7 cents on October 13 to a 6.6-cent close on November 10, its lowest close of that stretch. Many holders remember when HBAR traded above 25 cents in September 2025 and peaked near 40 cents in January 2025. So, what could 10,000 HBAR be worth by the end of 2028?

10,000 HBAR Could Reach $5,000 Only if Hedera Hits a $22 Billion Market Cap

The table below outlines three potential price scenarios for HBAR by the end of 2028, along with the market cap and the price-times-tokens-in-circulation required for each.

HBAR’s market cap stands at about $2.95 billion, placing it 32nd among cryptocurrencies. This means that even the bear scenario requires a market cap about 50% larger than Hedera’s current value. For comparison, XRP (CRYPTO:XRP) has a market cap of $67.7 billion and ranks sixth overall.

Another challenge is the new supply of HBAR. Approximately 44.3 billion tokens are in circulation out of a maximum of 50 billion, leaving around 5.7 billion yet to be released. More tokens in circulation means more money is needed for the same price. At the 2021 peak price, today’s supply would carry a market cap of about $25.1 billion, as our analysis shows for what Hedera needs to reach a quarter.

Over the past month, HBAR has dropped 24.2%, worse than XRP’s 21.2% fall. Over the past year, HBAR has declined 62.9%, compared with XRP’s 55.8% drop. HBAR outpaced XRP into mid-October, then gave that lead back as both coins slipped.

Hedera Needs Paying Customers, and ETF Buyers Before More Tokens Unlock

IBM Lifted HBAR 27% in a Day Before Sellers Stepped In

Hedera is a public blockchain that businesses use to record data, issue tokens, and process payments, with fees paid in HBAR at fixed dollar amounts. Transactions jumped 168.4% through October 22, yet HBAR kept falling because each fee costs a fraction of a cent.

On September 28, news of IBM (NYSE:IBM) releasing a Hedera-based identity app briefly drove HBAR’s price up 27%, but the excitement faded quickly, and HBAR dropped 16% the following day. For the base scenario to play out, partners like IBM need to report fees large enough to create steady demand for HBAR.

HBAR ETF Inflows Have Stalled Near $116.5 Million

The Canary HBAR ETF (NASDAQ:HBR) launched on October 28, 2025, and U.S. spot HBAR ETFs have taken in $116.5 million in total net inflows as of November 10, according to SoSoValue. However, net assets fell from $72 million on October 12 to $55.3 million as HBAR’s price declined.

In the past month, most trading days have seen zero net flows. The highest inflow was just $2.7 million on November 4, and the latest session showed an outflow of $179,000. For the bull scenario to hold, daily inflows in the millions are necessary, something the HBAR ETFs haven’t produced in the past month.

5.7 Billion HBAR Are Still Waiting to Enter Circulation

Those 5.7 billion tokens could pressure the price as they reach the market. HBAR’s fully diluted valuation, its market cap if all 50 billion tokens were in circulation, is about $3.32 billion, against the $2.95 billion market cap. Therefore, the full-supply column in the table is the more conservative estimate for 2028. The same supply math weighs on our estimates for 10,000 Cardano by 2030 and 10,000 Stellar by 2030.

Frequently Asked Questions About 10,000 HBAR

How Much Is 10,000 HBAR Worth?

It’s worth around $664 with HBAR trading at 6.6 cents.

Will Hedera Reach $1?

For HBAR to reach $1, its market cap would need to rise to about $44.3 billion at the current supply, and 10,000 HBAR would be worth $10,000. Given that HBAR has never surpassed 57 cents, reaching $1 by 2028 seems unlikely.

Is Hedera a Good Investment?

Hedera has established partnerships and a spot ETF. However, HBAR has dropped 62.9% in the past year and trades below its 20-day, 50-day, and 200-day moving averages. Whether it’s a good investment depends on a holder’s risk tolerance and market outlook. Our look at what 10,000 Dogecoin could be worth by 2030 runs the same exercise for a meme coin.

Can 10,000 HBAR Reach $2,500 by the End of 2028?

10,000 HBAR looks more likely to be worth around $1,000 by the end of 2028 than $2,500, and the $5,000 bull scenario looks unlikely. For the $2,500 base scenario, HBAR first needs monthly closes above 10 cents, about 51% higher. Then it needs to surpass its September peak of 13.1 cents, about 97% higher. ETF inflows also need to top $116.5 million, and partners like IBM need to disclose the fees they pay.

Only after these milestones could HBAR reach 25 cents and an $11.1 billion market cap. However, if HBAR fails to close a month above 10 cents by June 2027 and ETF inflows stay flat, the coin could drop back to its August 16 low of 6.5 cents, about 2% lower. That path leaves 10,000 HBAR worth closer to $1,000 by the end of 2028.

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