|All Time High:
|The price of #HBAR today is $0.11 USD.
The lowest HBAR price for this period was $0, the highest was $0.110, and the exact current price of one HBAR crypto coin is $0.11012.
The all-time high HBAR coin price was $0.57.
Use our custom price calculator to see the hypothetical price of HBAR with market cap of ETH and how the supply affects the price of HBAR at different market capitalizations.
|The code for Hedera Hashgraph is #HBAR.
Hedera Hashgraph is 4.4 years old.
|The current market capitalization for Hedera Hashgraph is $3,708,791,150.
Hedera Hashgraph is ranked #32 out of all coins, by market cap (and other factors).
|There is a very large daily trading volume on #HBAR.
Today's 24-hour trading volume across all exchanges for Hedera Hashgraph is $138,817,570.
|The circulating supply of HBAR is 33,679,155,199 coins, which is 67% of the maximum coin supply.
Hedera Hashgraph has a relatively large supply of coins, 277 times larger than Ethereum's supply, as an example.
Hethers.js Being Deprecated in Favor of EVM Tooling
edera.com Hedera is committed to providing developers with easy-to-use and up-to-date tools and resources. With that goal in mind, Hedera core contributors are announcing the deprecation of the hethers.js library by October 20, 2023. — Why is Hethers.js Being Deprecated? - With Hedera becoming increasingly EVM-equivalent, the need to maintain a separate library like hethers.js is diminishing. Native EVM tooling like ethers.js and web3.js, enabled by the JSON-RPC Relay, can now be used to deploy and interact with Hedera smart contracts., Focusing on EVM tooling provides a more unified developer experience. Developers who are familiar with Ethereum can now easily transition to building on Hedera., Deprecating hethers.js reduces redundancy and consolidates the toolset developers need to work with., — Action for Developers Currently Using Hethers.js - If you currently use hethers.js, you should transition to ethers.js, web3.js, or other EVM tooling before October 20, 2023. Refer to the Hedera documentation on using tools like web3.js, ethers.js, Hardhat, Foundry, Truffle, and The Graph. Tutorials can be found in the smart contract section. While hethers.js will remain available on GitHub, it will no longer receive official support and updates after the deprecation date. Please share any feedback or questions via the #feedback channel on Discord. We’re here to help with the transition. — Timeline - Now un...
Develop a Hedera DApp with MetaMask, HashPack, and Blade Integration
edera.com In the dynamic world of decentralized applications (DApps), catering to users with diverse wallet preferences is important. With the increasing adoption of blockchain technology, individuals utilize various wallet solutions to manage their digital assets. Hedera has taken a significant stride towards inclusivity by introducing MetaMask support through the groundbreaking HIP-583. This integration offers an exciting opportunity for Ethereum Virtual Machine (EVM) users to seamlessly transition to the robust and scalable Hedera ecosystem. In this step-by-step guide to DApp development, you will unlock the full potential of multi-wallet Hedera DApps. Armed with React, Material UI, Ethers, and TypeScript, you will be guided through creating a Hedera DApp. By leveraging the power of the Create React App (CRA) Hedera DApp template, designed to simplify your development journey, you can integrate popular wallets such as MetaMask, Hashpack, and Blade. We’ll use the Mirror Node API and Hedera Token Service (HTS) throughout this tutorial. You’ll gain invaluable insights into querying the mirror node and incorporating HTS functionality into your DApp, allowing users to manage and transact with HTS tokens effortlessly. With this approach, you will have a comprehensive understanding of MetaMask integration and be equipped with the necessary tools to develop your own DApp from start to finish. — Prerequisites - A Hedera...
How to Create ChatGPT Plugins — Unlock the Power of AI and Blockchain
How to Create ChatGPT Plugins — Unlock the Power of AI and Blockchain - hedera.com — Goals - By reading this article, you will learn: The benefits of using AI and blockchain together, What ChatGPT and Hedera are, How to create a ChatGPT plugin that interacts with Hedera, How to use the plugin to get HBAR and token balances for Hedera accounts, — Tools You Will Use - Replit (Website), Python with Flask and Waitress (Documentation), ChatGPT (Website), OpenAI API (Documentation), Hedera Mirror Node REST API (Documentation), Hedera Network Explorer (HashScan), — Try it Yourself - Try the example quickly by forking this Repl, Get the example code from GitHub, — Artificial Intelligence (AI) and Blockchain - AI and blockchain are two technological trends that have captured everyone’s attention — but what are these trends all about? AI is about autonomous systems that can learn, make decisions, and adapt. Blockchain is a secure and immutable way to record transactions or digital interactions. The learning aspect of AI, coupled with blockchain’s immutable nature, introduces a revolutionary change in how data can be processed and utilized. The intersection of AI and blockchain will most likely impact various sectors. For instance, in healthcare, AI can analyze securely stored patient records for personalized treatment, while blockchain ensures the integrity of the data. In finance, sm...
Hedera Smart Contract Service Security Model Update
edera.com The Hedera Smart Contract Service (HSCS) combines the third-generation Hedera native entity functionality — high throughput with fast finality, affordable and predictable fees, and fair transaction ordering — with an optimized and highly performant second-generation Ethereum Virtual Machine (EVM). Our goal is to provide full support for smart contracts written on other EVM-compatible chains and to facilitate their smooth deployment on Hedera — as simple as copy/paste. Developers should be able to simply point to a Hedera-supported RPC endpoint and carry out their smart contract executions and queries with the same code and similar tools — this is our goal for EVM equivalence To achieve this, the ledger executes all smart contract transactions using the Besu EVM and persists the changes in the Hedera-optimized Virtual Merkle Tree state. Users are able to observe certain finality (not probabilistic finality) of smart contract executions in 2–3 seconds whiles ensuring state changes can be fully encapsulated in smart contract functionality. Hedera Consensus Nodes must strike a delicate balance between Hedera security and EVM security models. With HSCS Security Model v1, the complexity of this challenge left gaps for which bad actors could operate. With the HCSC Security Model v2, greater clarity and additional protections have been brought to the network. — v1 Security Model Boundaries - ...
Get Ready for the Updated Security Model of the Hedera Smart Contract Service by July 2023
edera.com — What is the change? - After the security incident of March 2023, core Hedera engineers conducted a thorough analysis of the Smart Contract Service and the Hedera Token Service system contracts. No new vulnerabilities were found, but the team looked for any behavioral differences between Hedera Token Service system contract APIs and those of Ethereum Virtual Machine (EVM) or ERC token APIs that could be used maliciously. To eliminate any possibility of such differences being used as attack vectors in the future, the consensus node software will align the behaviors of the Hedera Smart Contract Service and HTS system contracts with those of EVM and typical token APIs such as ERC 20 and ERC 721. — As a developer on Hedera, what should I do? - Developers are strongly encouraged to test their applications with new contracts and UX using the new security model to avoid unintended consequences. The new security model has been applied to contracts created from the mainnet 0.35.2 release onwards., Existing contracts deployed prior to this upgrade will continue to use the previous security model for a limited time to allow for application/UX modifications., The previous security model will only be maintained for an approximate period of 3 months. The current target is for the network to remove the previous security model and for all contracts to follow the new security model by the mainnet release of July 202...
How to Create a Smart Contract App on Hedera Using Solidity, React JS, MetaMask, and Ethers JS — A…
How to Create a Smart Contract App on Hedera Using Solidity, React JS, MetaMask, and Ethers JS — A Simple Counter - hedera.com In this step-by-step tutorial, you will create a simple counter dApp on the Hedera network using Solidity, React JS, MetaMask, and Ethers JS. The goal with this example is to help you understand the fundamentals of dApp development, making it easier for you to create more complex dApps in the future. Let’s dive in and start building our counter dApp on Hedera! medium.com — Try It Yourself - Get a Hedera Testnet account:, — This portal acts like a faucet, giving you 10,000 test HBAR every 24 hours., — If you’re new to Hedera, check out these steps to set up your development environment., Try the example quickly using this Gitpod:, — Continue with your GitHub account., — In the lower right corner, click the prompt “Open Browser.”, Get the example code from GitHub., — Tools You Will Use - React JS (Documentation), MetaMask (Documentation), Ethers JS (Documentation), Solidity (Documentation), Hedera JSON-RPC Relay (Hashio), Mirror node REST API (Learn More), Mirror node explorer (HashScan), Axios (npm package), — Goals - Understand the fundamentals of integrating an ethers provider for communication between a React JS application, MetaMask, and a smart contract on Hedera., Learn how to deploy and interact with a Solidity smart contract on Hedera us...
How to Create an HBAR Token Faucet for MetaMask
The Rise of the Identity Token
edera.com Since the minting of the first Non Fungible Token (NFT) in 2014 we have seen increased interest in their capabilities as unique, one-of-kind digital “deeds of ownership” representing assets such as artwork, music, collectibles and more. In May of 2022 we saw the release of the paper “Decentralized Society: Finding Web3’s Soul” which raised the concept of a Soulbound Tokens (Non Transferable Non Fungible Tokens), generating a spirited conversation on the concept of using NFTs for identity applications. Since then we have seen increased interest and development of a new class of NFTs based around components of a user’s identity, which I call “Identity Tokens”. Within Identity Tokens we see two distinct subclasses emerging. The first is the “KYC/KYB Token”, which involves a 3rd party providing an assertion about someone’s real-world identity on-chain — without disclosing the “core facts” of that identity themselves. The second is a “Badge Token”, which straightforwardly makes claims about the user’s actions, history, or reputation, or those of their Web3 “persona”. While both of these sub classes of tokens might technically be very similar, the key difference, as explored below, is that KYC/KYB Tokens are strongly controlled by their issuer and have a very specific identity proofing application. Badge Tokens on the other hand may be 3rd party or even self issued, and usage of th...
Hedera Token Service: NFT Token Keys Edge Cases
How to Inspect Smart Contract Transactions on Hedera Using Mirror Nodes
More Hedera Hashgraph (#HBAR) News
|Hedera Council Boosts Blockchain Innovation With Billions in HBAR
The Hedera Council announces an allocation of 4.86 billion HBARs, primarily focused on bolstering initiatives like the HBAR Foundation, Hashgraph Association, and DLT Science Foundation.Hedera Council Commits 4.86 Billion HBARs
In a move towards enhancing its network and decentralized governance, the Hedera Council has approved an allocation of funds amounting to 4.86 billion HBARs, Hedera’s native cryptocurrency. This decision, aimed at bolstering ecosystem development, comes as part of the council's strategy to fortify its base.
The bulk of this allocation, totaling 4.248 billion HBARs, is earmarked for existing initiatives. These include the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation. The grants for the HBAR Foundation and Hashgraph Association are scheduled for distribution within the first quarter of 2024, while the DLT Science Foundation will receive funds as it reaches milestones throughout the year.
The Hedera Council has today announced that it has voted to give the board approval to allocate 4.86 billion HBARs of additional funds toward further development of the Hedera network and enabling its decentralized governance.
The vast majority of that allocation - 4.248 billion…
— Hedera (@hedera) January 12, 2024
A separate portion of 614.06 million HBARs is designated for the operational expenses of the Hedera Council. This allocation also covers payments to early SAFT (Simple Agreements for Future Tokens) purchasers, ...
|Hedera (HBAR) Q3 Triumph: Transaction Volume Soars, Network Revenue Cros...
According to a recent report by the online database platform Messari, the Hedera (HBAR) Network, an open-source, public blockchain governed by the Hedera Governing Council, has showcased significant growth in the face of a challenging crypto market during Q3 2023.
Hedera Network Hits New Record With 99 Million Daily Transactions
Per the report, Hedera Network's transaction volume continued its upward trajectory, achieving a new record of 99 million daily average transactions in Q3 2023.
This milestone marks the fifth consecutive quarterly increase in transaction activity, with the Hedera Consensus Service responsible for 99% of all transactions on the network.
Notably, the network's revenue derived from transaction fees surpassed $1 million for the first time, experiencing a remarkable 30% quarter-on-quarter growth.
According to Messari, the Hedera Consensus Service largely drove the revenue growth and remained independent of HBAR's price fluctuations, as transaction fees are fixed in USD terms.
While the overall crypto market experienced a moderate downturn during Q3 2023, HBAR's circulating market capitalization grew by 7.6% quarter-on-quarter, reaching $1.7 billion by the end of September.
HBAR's fully diluted market capitalization also increased by 2.5%, settling at $2.5 billion. As a result, the Hedera Network emerged as the 31st-largest crypto protocol by market capitalization, demonstrating its growing prominence in the industry.
|Hedera Falls To Critical Support Level: Can HBAR Rebound This September?
Hedera (HBAR) recently encountered a significant hurdle as it faced price rejection at a crucial weekly bearish order block. Currently hovering at the $0.0500 level, this juncture has emerged as a formidable obstacle for sellers looking to capitalize on the prevailing bearish sentiment.
In a price report, it was revealed that HBAR's funding rates have consistently remained in negative territory for the past few days. This bearish skew in the futures market further underscores the challenges HBAR faces in its price recovery.
The current HBAR price, as reported by CoinGecko, stands at $0.050716, with a 5.0% decline over the last 24 hours and nearly 13% drop over the past seven days.
Declining Open Interest Reflects Reduced Hedera Demand
Adding to the bearish narrative, open interest rates for HBAR have plummeted from $27 million to $21 million within the last five days (from August 24th to August 31st). This substantial drop indicates a waning demand for HBAR within the futures market, potentially emboldening sellers to seek further gains.
The fate of HBAR remains closely intertwined with Bitcoin's performance. As Bitcoin drops below the key $26,000 level, it has retraced a significant portion of its loss courtesy of a favorable US court ruling in Grayscale Investments' Bitcoin ETF case against the Securities and Exchange Commission.
SEC's ETF Delay Casts a Shadow on the Crypto Market
Bitcoin's value, along with that of other cryptocurrencies, took a hit following the ...
|Hedera (HBAR) Rises As Weekend's Top 50 Sole Gainer With 14% Rally
Hedera (HBAR), despite the very unpredictable cryptocurrency market, has demonstrated its ability to defy trends by recording more than 14% increase on its price chart, Sunday.
Hedera has not only held its place despite the volatile circumstances that frequently affect other digital assets, but has also shown steady resilience.
At the time of writing, HBAR emerged as the only crypto in the top 50 ranking with the highest increase in the seven-day timeframe at 15%. Trading at $$0.063, HBAR only sustained a very minor 1.1% loss in the last 24 hours.
Given that the majority of cryptocurrencies have had significant weekly falls, which have been further exacerbated by the latest market collapse, this is of utmost importance.
Hedera: Weekend Rout Top Performing Crypto
The cryptocurrency market took a major beating on Friday, causing a broad slump and more than $1 billion in liquidations. The most popular cryptocurrency, Bitcoin, experienced a swift decline of nearly 10% in just a few hours, falling to a two-month low of $25,600.
Since the collapse of the FTX crypto exchange in November, this was the alpha coin's most challenging week. The incident highlights how intertwined the crypto industry is and how a substantial decline in one key asset can have a ripple effect across the market.
Hedera saw a notable increase in trade volume, which rose by a staggering 60% over night to reach an outstanding total of $220,755,864. This increase in trading activity is a sign of g...
|Hedera (HBAR) Blooms 21% – Uncloaking The Factors Behind The Rise
Hedera (HBAR) has stolen the limelight by becoming the highest-gaining cryptocurrency in the past 24 hours. As investors eagerly accumulate, the token's price exhibits a roller-coaster ride of volatility. While optimism fuels the anticipation of a price rally, caution is advised as HBAR's Bollinger Bands cast a shadow of uncertainty over its immediate future.
At the time of writing, HBAR's price is recorded at $0.071 according to CoinGecko, reflecting an 8.1% rally over the past 24 hours. Impressively, the token has experienced a seven-day surge of 21.3%, underlining its significance in the market's recent performance.
Hedera Price Roller-Coaster And Its Indicators
The token's recent performance showcases its resilience amidst market dynamics, but investors should be prepared for its volatile nature. Bollinger Bands, a widely-used technical analysis tool, serve as a flashing signal of HBAR's ongoing turbulence.
A price analysis notes that token is currently trading above the upper band of the indicator, implying a potential overbought situation. Moreover, the notable disparity between the upper and lower bands accentuates the prevailing high volatility. This discrepancy warns of an imminent correction, underscoring the capricious nature of HBAR's market behavior.
Today, @droppcc, the micropayments solution built on @Hedera and fuelled by #HBAR, was showcased as a service provider for FedNow, the instant payment service developed by the @federalreserve
Catch up with ...
|HBAR Token Spikes 16% In One Day, Can Bulls Sustain the Momentum?
HBAR has soared with momentum after the US Federal Reserve adopted the Hedera Hashgraph-based Dropp micropayments platform. According to the announcement, Dropp is now on the list of service providers on Fed’s FedNow instant payment system.
Following this news, HBAR's market sentiment improved, causing a rapid price surge that propelled the token from $ 0.0561 to $0.06544. This represents an over 16% increase in the last 24 hours. However, HBAR price has crossed the overbought region, raising questions about how long the current rally can last.
FedNow Adds Hedera Hashgraph-Powered Dropp To Its List Of Service Providers
On July 20, the US Federal Reserve launched the FedNow instant payment system. This payment system allows banks and credit unions to transfer money for customers any time, any day, instantly.
However, according to the latest development, FedNow adopted Dropp, a micropayment platform built on Hedera as a service provider. This feat marks a milestone for Hedera as FedNow indirectly supports the token, granting the Hedera blockchain support from traditional finance companies.
Similarly, Hedera is already benefiting from this partnership as its price has increased by over 16% in the last 24 hours. Also, Hedera garnered massive investor attention in the past week due to increased partnerships, such as South Korean automobile companies Kia and Hyundai, which have adopted Hedera’s infrastructure to track vehicle carbon emissions.
|Here's Why This Analyst Foresees Hedera (HBAR) Breaking Into The Crypto ...
Hedera popularly known as HBAR, has lately been drawing attention in the world of cryptocurrencies. An influencer from the crypto-sphere recently asserted that this digital currency is poised to cement its position among the top 10 in the industry.
HBAR's Position In The Upcoming Bull Market
Classy Crypto, a crypto-focused YouTube channel, hosted a discussion where the anchoring influencer laid out his reasoning, foreseeing HBAR's substantial ascent in the near future. As these ETFs come into play, they are expected to usher a wave of institutional investors into the crypto sphere.
However, the influencer argues that the initial attraction toward giants like Bitcoin and Ethereum would eventually pivot. Investors, after their primary foray, would likely explore alternative digital assets.
These alternatives, which the host referred to as 'pseudo-centralized currencies' offering distinct use cases, especially those with tracking capabilities, would then become the focal point. Hedera, with its tracking features, according to the host, could potentially emerge as a leading contender in this narrative.
Hedera Offerings And Market Dynamics
Diving deeper into Hedera's offerings, the Classy Crypto host highlighted the consensus service of the platform. The host emphasized that this plays a significant role in tracking and catering to rising global demand.
Additionally, in the backdrop of an evolving global political scenario, solutions like Hedera's are anticipated to gain tractio...
|Rising Star Hedera (HBAR) And Its 11% Climb – A Closer Look
Hedera (HBAR), currently ranked as the 31st cryptocurrency asset in terms of market capitalization, has recently witnessed a remarkable surge in its price, captivating the attention of investors and enthusiasts alike.
A surge in an asset's social engagement often serves as a precursor to a rally in its price. In the case of HBAR, this correlation seems to be playing out vividly.
As the cryptocurrency landscape continues to evolve, HBAR's notable growth over the past few weeks has raised eyebrows and prompted discussions about its potential.
Surge In Social Activity Sparks Price Rally Speculation
In the ever-dynamic world of cryptocurrencies, there exists a symbiotic relationship between social activity and price movements.
With its current price listed at $0.058907 according to CoinGecko, the cryptocurrency experienced a slight 5.5% decline over a 24-hour period.
However, what has truly caught the attention of market observers is its impressive seven-day surge of 11.8%. These figures, though significant, only hint at the larger story unfolding around HBAR.
Keep a close eye on @hedera's social engagement. Here's what we are noticing...#Hedera's social activity has been soaring with 30.68M engagements (+243.9%) over the past week.
The social engagement metric measures community participation in social posts, measured by likes,… pic.twitter.com/FJFNFOkgz8
— LunarCrush (@LunarCrush) August 8, 2023
Lunar Crush, a platform that monitors social media activ...
|HBAR Token Scores Impressive Gains As Major Cryptos Nosedive
Hedera Hashgraph’s native cryptocurrency, HBAR, is shining following the slight boost in the crypto market today, August 8. Hedera briefly broke through the one-month-long $0.5 resistance, climbing above $0.6, while top coins like Bitcoin bleed with losses.
Even though the overall crypto market cap gain affected many assets positively, HBAR owes most of its gains to the latest ecosystem developments and partnerships.
HBAR Price Performance Amid Impressive Ecosystem Updates
Despite a drop in trading volume, HBAR has soared over 6%, attaining a peak of $0.06032 on Tuesday morning. This sharp spike represents a nearly 10% increase from the day low of $0.05483. The token’s value is now over 22% higher than the price recorded 30 days ago.
However, HBAR's trading volume is south of its price trajectory. The over 16% decline in 24-hour trading volume raises questions about whether the bulls had reached saturation and capitulated to the bears even before the rally grew strong.
Strategic Partnerships Drive HBAR's Rally
Hedera’s network advancements and strategic partnerships have helped to boost HBAR's current market position. In August, the Hedera network recorded notable deals with leading banking and financial institutions and automobile companies.
On August 2, Korean automobile firms Hyundai and KIA announced the launch of a new blockchain and AI-powered Supplier co2 Emission Monitoring System (SCEMS) on the Hedera network. This integration allows Hed...
|Hedera Soars 23% As HBAR Blooms All-Green On The Charts All Week
Hedera is a strong competitor in the DeFi space as it boasts some of the best metrics in the industry. According to recent analysis, the ecosystem hit 5,500 transactions per second. TPS is used to compare DeFi projects from each other. So far, Hedera beats Ethereum in terms of average transactions per second.
The realm of NFTs is also expanding for the Hedera Hashgraph ecosystem. Just last year, the network scored a partnership with LG for their Art Lab, the company's foray into the metaverse.
With a complete and detailed roadmap for development, HBAR’s price upticks might be a continuous wave for the ecosystem to ride on.
5,500+ MAX TPS has been hit
Wow, the BEAST has woke up $HBAR will shock the world very soon, this is ONE enterprise use case, imagine 5, 10, 20, you get the picture.#HBAR #Hedera #HBARbarians pic.twitter.com/cWpWgiLa3m
— Nick | Crypto Crusader (37K) (@NCashOfficial) January 16, 2023
External Devs Pushing Hedera Forward
At the Consumer Electronic Show, or more commonly known as CES, LG announced plans to further expand its reach into Web3 with Hedera. According to reports, the company would leverage the network-based crypto wallet Blade Wallet.
The wallet is said to be the only crypto wallet to be third party audited, making it one of the most secure in the industry. With LG’s Art Labs winning an award in CES this year, we can expect more external developments for the network, driving usage for the ecosystem in the long-t...
|Hedera: Is 2023 The Comeback Year For HBAR NFTs?
The year 2022 has not been kind to the NFT market and the crypto industry as a whole. However, Hedera’s partnership with LG Art Lab might somehow bring a new wave of enthusiasm for digital art.
NFT Interest On The Rise Again?
A recent interview done by Crypto Digest with The HBAR Foundation’s Chief Legal Officer Jorge Pesok sheds some insight into the current state of NFTs in the Hedera L1 ecosystem.
According to the interview, more than 150 projects are granted support by the company.
Pesok also mentioned that LG is rolling out its new television technology that is integrated with its native NFT marketplace where new users can buy digital collectibles. The TVs would also allow users to display the NFTs that they own.
Governing Council Member @LGElectronics has launched LG Art Lab - built on @Hedera - enabling LG TV owners to buy, sell and showcase #HederaNFTs from their screens. All LG TVs running webOS5.0 will be able to interact with the LG Art Lab app. #HelloFuturehttps://t.co/KQBUgaE2j5
— Hedera (@hedera) September 5, 2022
This can be huge for the NFT industry as LG has a large market share in the home appliance industry. However, recent events in crypto space might slow down the growth of interest in NFTs. Not to mention that the sector is not free from scams and frauds.
Just this month, Logan Paul, a major influencer on YouTube, was investigated by Coffeezilla for defrauding his fans on his abandoned crypto project CryptoZoo...
|Hedera (HBAR) Continues To Consolidate Near Its Lowest Level This 2022
Hedera (HBAR), the native and energy-efficient cryptocurrency of an open source public distributed ledger bearing the same name, started the year on a high note, peaking at $0.3282 on January 5.
But the crypto asset failed to keep up its momentum and gradually declined over time until it fell below the $0.10 marker on May 13 when it bottomed at $0.0870.
HBAR continues to struggle in reclaiming the $0.10 territory
Hedera technical indicators currently show no signs of an immediate reversal
The crypto asset increased its market cap by $400 million in just 24 hours
Since then, the altcoin struggled to climb back up and its woes were compounded by the negative effects of the collapse of the FTX cryptocurrency exchange platform.
On November 10, Hedera recorded its 2022 low when it changed hands at $0.0439 and is not showing any signs of initiating a bullish run anytime soon.
Its relevant technical indicators are also nothing to be excited about as they are not indicating an upward push that may happen over the next few days or weeks.
Not Much To Look Forward To For Hedera? According to latest tracking from Coingecko, at the time of this writing, HBAR is trading at $0.0482 and is dangerously close to the lowest level it has been this year.
The crypto has lost 2.7% of its value during the previous seven days and its bi-weekly gains only stand at 3.3%, although it managed to increase its market capitalization by $40 million over the last 24 hours and now has $1.20 billion in overal...
|Hedera: A Quick Evaluation Of The Network – And How HBAR Performed...
According to Messari, the performance of Hedera in the third quarter this year defied the prevailing market mood and is currently witnessing growth not seen on other protocols.
DefiLlama claims that the protocol's TVL increased by an impressive 137%. For comparison, Hedera's quarterly network expansion occurred during a period when other networks were contracting.
In addition to boosting the value of its native coin HBAR, this quarterly report also helped it do so in the past few days.
As of this writing, HBAR is trading at $0.060236, down 3.7 percent in the last seven days, data from Coingecko show, Wednesday.
Based on data, we can see that while HBAR's value decreased on weekly and biweekly timescales, these losses are totally wiped out when looking at the cryptocurrency's price over a 24-hour period or an entire month. This bodes well for the network's investor confidence.
Hedera On Solid Footing
Investors and dealers were impressed by the network's rapid expansion because it ran counter to the existing bear market trend. While comparable networks experienced user declines during the quarter, Hedera saw no such trend.
The report states that the network's weekly active user base increased from 7,598 in Q2 to 14,601 in Q3. This represented a rise in the metric of 92.2%. More good news in terms of expansion follows.
HBAR's transfer volumes and overall network fees have also increased. HBAR's overall transfer volume was up from 42,623,168,658 in Q2 to 53,523,008,558...
|Biggest Movers: QNT Remains Near Multi-Month High, HBAR 11% Higher
Quant continued to trade close to an eight-month high on Wednesday, as prices of the token rose for a second straight day. Hedera was another notable mover in today’s session, as it rose by as much as 11% earlier in the day. Overall, crypto markets are marginally down as of writing.Quant (QNT)
Quant (QNT) rose for a second consecutive day on Wednesday, as prices remained close to an eight-month high.
On Sunday, the token surged to a peak of $163.83, which is the highest point quant has hit since February 8.
Earlier in today’s session, QNT/USD was at a high of $157.80, which sees prices only $6 away from the aforementioned peak.
As a result of recent gains, QNT is now firmly in overbought territory, with the 14-day relative strength index (RSI) tracking at 70.19.
This is marginally below a ceiling of 71.00, which quant bulls will need to overcome, should they intend to send prices higher.
Price uncertainty will likely be heightened around this region, with bears potentially also waiting for the opportunity to reenter.
Hedera (HBAR) was another notable gainer on hump day, with the token climbing by as much as 11%.
Following a low of $0.05879 on Tuesday, HBAR/USD managed to rise to a peak of $0.06596 earlier today.
As a result of this surge in price, hedera has now hit its strongest point in one month, since when the token was trading above $0.0737.
Looking at the chart, HBAR has since fallen from earlier highs, as bears reentered the market followin...
|Hedera Hashgraph Pops Out From Downtrend – Will Price Retest $0.1?
HBAR's price shows the market a glimpse of bullish hope as the price broke out of its long-range movement with strong volume. HBAR trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of HBAR eyes a recapture of $0.1 as key resistance was flipped into support with more buy orders.
The price of Hedera Hashgraph (HBAR) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the Hedera Hashgraph (HBAR) price was not left out as the price broke out of its long daily range, with the price trending to a higher height. (Data from Binance)
Hedera Hashgraph (HBAR) Price Analysis On The Weekly Chart. The crypto market received relief, as most crypto altcoins expected. However, despite the recent price surge in most crypto assets, some altcoins have remained range-bound.
As the price of HBAR could not break out with real volume in previous months, it was stocked in a range-like box.
|Hedera: Investors Should Check Out These Data Before Buying HBAR
Hedera shows lots of potential, despite some major hiccups lately. Investors will be better equipped if they examine some key data before acquiring HBAR.
Here's a quick look at some important numbers:
HBAR currently trades at $0.05798
Trading volume currently at $36.2 million
Hedera circulating supply at 22.97%
Hedera is a new and revolutionary open-sourced crypto network that utilizes a distributed ledger technology that is designed to allow both developers and users to use DApps.
HBAR Up 2.05% As Of Press Time
HBAR’s development activity has seen tremendous growth in such a short span of time since November 2018. Notably, HBAR has ranked third, next to Polkadot (DOT) and Cardano (ADA).
Hedera is designed to solve the nagging problems in terms of scalability, which is a huge problem among blockchains.
Right now, Hedera is seen to be one of the winners in terms of scalability and security when pitted with other blockchains which is why it remains to be one of the most popular and widely used enterprise-grade blockchain in the world.
According to CoinMarketCap, HBAR, the 39th largest cryptocurrency, trades at $0.05798 or shows a spike of 2.05% as of press time.
With its current price, HBAR is noticeably 91% sidetracked from its all-time high.
Hedera Trading Volume Down 89%
On a year-to-date basis, HBAR has also evidently dropped by 408%. The downtrend of HBAR has started following its daily high that registered at $249.68 million seen on May 12.
The trading volume ...
|HBAR Foundation Launches $250 Million Metaverse Fund to Entice Developer...
The HBAR foundation, a nonprofit organization designed to accelerate the development of the Hedera Hashgraph ecosystem, has announced the launch of a new Metaverse fund. The fund, which launches with $250 million, will serve to entice builders and programmers to bring their metaverse products to the Hedera network and make use of its decentralized ledger technologies.
HBAR Foundation Wants the Metaverse to Happen on Hedera
The battle for the metaverse is intensifying, and many organizations are offering incentives for these experiences to be built using their own infrastructures. The HBAR Foundation, an organization devoted to the growth of the Hedera Hashgraph ecosystem and the apps on it, has announced the launch of the THF Metaverse Fund that will offer $250 million in incentives to programmers that want to bring their metaverse apps to life by using Hedera Hashgraph's tools.
On why the HBAR Foundation believes that Hedera is an ideal platform for metaverse inspired apps, it stated:
DLT [Decentralized Ledger Technology] is the core component of such infrastructure and it is the Hedera network that is best architected to meet the DLT demands of enterprise platforms and their complex economies.
Furthermore, the foundation is confident that it will be able to help newcomers in the area to tackle the hardships of launching these products with a 'wealth of experience and financial backing … accelerating the development of applications...