Hedera (HBAR) Will Become a Top 10 Cryptocurrency: Analyst

• Crypto influencer predicts that HBAR will be a top 10 cryptocurrency.
• The influencer believes HBAR would be one of the beneficiaries of an upcoming bull run.
• The Classy Crypto host thinks Hedera’s tracking features would attract investors.

Hedera (HBAR) will be a top 10 cryptocurrency, according to the Classy Crypto YouTube channel’s host. The influencer made a video discussing how the HBAR ecosystem is getting better and making the cryptocurrency do well.

According to the renowned crypto influencer, HBAR would be one of the highest beneficiaries of an upcoming bull run. He noted that the proposed Bitcoin and Ethereum Exchange Trust Funds (ETFs) will attract institutional investors into the crypto industry.

The crypto influencer said that after the initial influx into Bitcoin and Ethereum, the investors would tilt toward alternative digital assets with unique use cases with properties that track things. He believes Hedera as a solution perfectly fulfills this need, considering the tracking abilities of the project.

According to the Classy Crypto host, Hedera’s consensus service, which does a lot of tracking, is suitable for the environment. He thinks the solution solves an increasingly large issue in the global political scene, qualifying it as a crypto that would be in potentially high demand.

The Classy Crypto influencer predicts the bull market is coming sooner than many think. According to him, most institutional investors in the cryptocurrency ecosystem have limited exposure. He believes these investors will inject more funds into the crypto market, and their actions will trigger the anticipated bull run.

In his analysis, the renowned influencer noted the crypto market will break out before the end of 2023. He believes the breakout will be clear, leading to a significant bull run in 2024. He also thinks investors would realize that most existing layer-two platforms do not have sustainable transaction sizes. Hence, they would move to Hedera due to its unique properties like fixed gas fees and the Hashgraph technology.