HBAR is the native coin of the blockchain-based Hedera public network. Hedera is a decentralized network known for its energy-efficient proof of stake consensus mechanism. HBAR is one of the Green coins that requires less energy consumption for its system to be maintained and backed by big corporate companies including IBM, Google, and LG.
With a total market cap of over $1.89 billion, Hedera is the No. 33 cryptocurrency by market size. The currency symbol for Hedera is HBAR and it originated in the United States. Hedera uses the Directed Acyclic Graph (DAG) hashing algorithm. There will only ever be 50 billion Hedera tokens issued. So far 30 billion tokens (60.1% of the total supply) have been issued.
We found savings accounts offering up to 0.5% APY on Hedera deposits. Check out our Hedera staking yields table for further details.
The technical price analysis for Hedera below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Hedera.