What Is Hedera (HBAR)? | Hedera (HBAR) Price Prediction 2022 to 2026
HBAR Price Live Data
The live Hedera price today is $0.229027 USD with a 24-hour trading volume of $109,017,594 USD. We update our HBAR to USD price in real-time. Hedera is up 6.33% in the last 24 hours. The current CoinMarketCap ranking is #34, with a live market cap of $4,481,002,343 USD. It has a circulating supply of 19,565,356,901 HBAR coins and a max. supply of 50,000,000,000 HBAR coins.
If you would like to know where to buy Hedera, the top cryptocurrency exchanges for trading in Hedera stock are currently Binance, OKX, Bybit, Mandala Exchange, and KuCoin. You can find others listed on our crypto exchanges page.
What Is Hedera (HBAR)?
Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
Who Are the Founders of Hedera Hashgraph?
Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon.
Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist.
Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps.
On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO.
In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers.
What Makes Hedera Hashgraph Unique?
Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains.
The platform offers several major network services. These include:
- A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code.
- A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events.
- Smart contract tools that let developers build powerful and efficient decentralized applications.
- Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry.
How Many Hedera Hashgraph (HBAR) Coins Are There in Circulation?
The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply.
Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here.
According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period.
Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021.
According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply.
How Is the Hedera Hashgraph Network Secured?
Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network.
Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
\ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost.
Based on our Hedera Hashgraph forecast, a long-term price increase is expected; the price prognosis for 2026 is $0.128. With a 5-year investment, HBAR predictions by experts forecast the revenue to be around +907.61% if the bull trend continues.Wallet Investor
The HBAR price has been showing a rising tendency over the last few months. According to our HBAR price forecast, we predict that the price of Hedera Hashgraph might be around $0.71 after a year.GOV Capital
According to HBAR price prediction 2022, the expected maximum price of HBAR coin is $0.50, minimum price $0.34. The Hedera price prediction for the end of February 2022 is $0.40.Trading Beasts
Based on the historical price data, we predict the Hedera Hashgraph cryptocurrency could be $0.35 at the end of 2022. In the next three years, the highest support level of coin price could reach $2.09, and the lowest price could be $0.19. According to our forecast for this crypto project, by 2023, we expect the Hedera Hashgraph price would be around $0.57, while it could quickly end up at price resistance level of $0.93 at the end of 2023.CoinArbitrageBot
Hedera coin token service has a bright future. Its price fall movements may have got slightly affected by bears showing resistance level but will see the bull ride around 2025, and HBAR price prediction says it may blow the roof crossing point of $1.26, showing short term earning potential in the near future. The HBAR price might help in profit.Price Prediction
According to our short term Hedera price prediction, the token might cross the highest price of $0.42 by 2022 & $0.68 by 2025, making it a good investment advice among other crypto projects.Digital Coin Price
The HBAR price prediction 2022 might surprise traders reaching a price of $0.57 and by 2024, going up to $15, making it a profitable investment.
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