Name: Hedera
Brand: Binance
Price: 0.12 USD
Availability: InStock
Rating: 5 (1 reviews)

Price of Hedera Today

The live price of Hedera is $0.119985 per (HBAR / USD) with a current market cap of $5.13B USD. 24-hour trading volume is $273.34M USD. HBAR to USD price is updated in real-time. Hedera is -5.44% in the last 24 hours with a circulating supply of 42.79B.

HBAR Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.006898	-5.44%
30 Days	$0.006846	+6.05%
60 Days	$-0.0343	-22.23%
90 Days	$-0.051984	-30.23%

Hedera Chart Performance

24h Low & High

Low: $0.119164

High: $0.128625

The highest and lowest price paid for this asset in 24 hours.

All Time High

$0.570146

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-0.46%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-5.44%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

-2.22%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.119164

High: $0.128625

All Time High

$0.570146

Price Change (1h)

-0.46%

Price Change (24h)

-5.44%

Price Change (7d)

-2.22%

About Hedera (HBAR)

Hedera is an open-source, fast, proof-of-stake (PoS) blockchain network and governance platform that allows developers to build and deploy decentralized applications (dApps) in the popular Solidity programming language. Hedera implements smart contract protocol within its network design, along with the hashgraph consensus algorithm, which makes the network apart in some ways. Besides that, Hedera has two other layers - Consensus, which is the unique Hashgraph model, and lastly the token service for minting and deploying new cryptocurrencies and non-fungible tokens (NFTs).

Hedera is known for being incredibly fast, secure and energy-efficient. In fact, it leaves a negative carbon footprint. The Hedera network cryptocurrency is HBAR, which runs on the independent platform. It is used in the PoS consensus mechanism by network validators who assist in validating transactions and introducing new blocks to the network, as well as in protecting it. HBAR is also used in the creation and operation of dApps created on Hedera. HBAR price is updated live on Binance.

People Also Ask: Other Questions About Hedera

What is Hedera Used For?

Hedera is a fast, secure, highly scalable blockchain and governance platform made for developers to build and deploy dApps written with the popular Ethereum-associated Solidity programming language. Hedera a blockchain focused on giving developers a superior network, as it enables hundreds of thousands of transactions per second. The governance model in place ensures balanced decision-making in the future of the decentralized platform. HBAR price information is available 24/7 on Binance.

How Do Network Consensus and Validation Work on Hedera?

Hedera uses what is known as the hashgraph consensus model, which allows for extremely fast settlement on the Hedera network. Transaction speeds can reach up to hundreds of thousands transactions per second due to the sharding processes performed by individual networks of nodes. Sharding happens simultaneously throughout the network, which is what supports its speed. Consensus is reached by processes referred to as gossip-about-gossip and virtual voting. The validity and timestamp of each transaction are both confirmed through these processes.

Consensus on the Hedera network is faster than on other networks due to its system of adding blocks, which leaves no blocks to discard. If a transaction is found to be invalid, it is still added, but the network eventually breaks off to include only valid transactions in cases where two are formed. The blockchain is said to evolve as a tree with branches over time, operating extremely fast by not needing to decipher between which blocks to add and which not to.

Who is the Hedera Founder?

Dr. Leemon Baird is the co-founder and chief scientist of the Hedera blockchain project; he also developed the hashgraph consensus model. Mance Harmon is the other co-founder, and is recognized as Dr. Baird’s business partner.

What is the Maximum Token Supply of Hedera (HBAR)?

The maximum supply of the HBAR is 50 billion tokens. At the time of writing, about 14% of the total supply (7 billion HBAR) has been released into circulation.

What Makes Hedera Different From Others?

Hedera is set apart by its hashgraph consensus mechanism, an innovation developed by co-founder Dr. Leemon Baird. This network consensus model makes Hedera’s high speeds, security and scalability possible.

Hedera is also unique due to its governance model comprised of 39 entities, including universities, 11 unique industries and a non-profit across major markets. The 39 entities remain in their positions for three years at a time, and are required to choose replacements when their service are concluded.

How to Buy Hedera (HBAR)?

Hedera can be purchased directly from Binance using a debit or credit card. Hedera can also be traded for other cryptocurrencies on the Binance exchange. Live Hedera price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy Hedera (HBAR) Guide.

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