Hedera Price

Hedera is the native cryptocurrency of the Hedera public network, a fast and secure distributed ledger platform. As the fuel of the Hedera ecosystem, HBAR is used to power decentralized applications, facilitate peer-to-peer payments, and protect the network from malicious attacks. With a current price of $0.08856 and a market cap of $3.8B, HBAR ranks 31 among all cryptocurrencies. The total supply of HBAR is capped at 50B HBAR, with 43B HBAR currently in circulation. Hedera utilizes a unique hashgraph consensus algorithm, offering high throughput (over 10,000 transactions per second) and low fees. Since its launch in 2019, Hedera has gained traction for enterprise use cases due to its scalability, security, and regulatory compliance features. As of 2026-02-02, HBAR has seen a 24-hour trading volume of $3.78M and a price change of -4.25%.

Hedera was created on August 1, 2017. The project was officially launched and the HBAR token was introduced to the public on September 17, 2019. Since then, Hedera has grown to become one of the leading enterprise-grade public networks in the cryptocurrency space, currently ranking 31 by market capitalization as of 2026-02-02.

The founders of Hedera are Dr. Leemon Baird and Mance Harmon. Dr. Baird is the inventor of the hashgraph consensus algorithm and serves as the Chief Scientist, while Harmon is the CEO. They co-founded Swirlds Inc. in 2015, which developed the hashgraph technology that Hedera is built upon. The Hedera network was officially launched in September 2019 after years of development. Both founders have extensive backgrounds in computer science, cybersecurity, and distributed systems, bringing their expertise to create a fast, secure, and fair public distributed ledger platform.

Hedera works as a fast, secure, and fair public distributed ledger network using the Hashgraph consensus algorithm. It offers high transaction speeds (over 10,000 TPS) with low fees (about $0.0001 per transaction) and 3-5 second finality. HBAR tokens are used for network security, staking, and powering decentralized applications. The network supports various use cases including peer-to-peer payments, micropayments, and enterprise solutions. Hedera's unique features include its asynchronous Byzantine fault tolerance (aBFT) for enhanced security and its transparent timestamping of all activities. As of 2026-02-02, HBAR has a circulating supply of 43B HBAR out of a maximum 50B HBAR, with a current price of $0.08856 and market cap of $3.8B.

Hedera utilizes a unique hashgraph consensus algorithm and asynchronous Byzantine Fault Tolerance (aBFT) for its technical architecture. This allows for fast transaction speeds (over 10,000 TPS), high security, and fairness in transaction ordering. The network is built on a Directed Acyclic Graph (DAG) structure rather than a traditional blockchain. Hedera uses a proof-of-stake model for network security and governance. The native HBAR token is used for network fees, staking, and accessing services on the platform. Overall, Hedera's architecture aims to provide enterprise-grade performance and security while maintaining decentralization.

Hedera has a promising future and roadmap ahead. The network aims to continue expanding its enterprise adoption and use cases. Key focus areas include: 1. Scaling transaction throughput to over 100,000 TPS by 2027 2. Enhancing smart contract capabilities and DeFi ecosystem 3. Improving tokenization of real-world assets on the network 4. Further decentralizing the network governance 5. Expanding partnerships with major corporations and governments The HBAR token is expected to appreciate in value as network usage grows. Price predictions suggest HBAR could reach $0.09868 by 2027, $0.1269 by 2028, and potentially $0.1346 by 2031. However, these are speculative estimates and actual performance may vary. Overall, Hedera's future looks bright as it positions itself as a leading enterprise-grade public network.