Convert and Swap Hedera HBAR to United States Dollar USD
HBAR/USD: 1 Hedera equals $0.26 USD
Last update: 2:29 AM, December 23, 2024
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Hedera is falling this week.
The current price of Hedera is $0.26 per HBAR. With a circulating supply of 38,252,162,549.988 HBAR, it means that Hedera has a total market cap of $9,821,631,851.40. The amount of Hedera traded has fallen by $65,770,397.91 in the last 24 hours, which is a 7.27% decrease. Additionally, in the last day, $904,588,403.40 worth of HBAR has been traded.
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About Hedera
HBAR is the native token of Hedera, an enterprise-grade public network. The network utilizes Hashgraph, which is an alternative type of distributed ledger to blockchain. HBAR tokens are used to pay for transaction gas fees on the network.
Hedera, also known as Hedera Hashgraph, is a public network that aims to provide a more efficient and fairer system for the decentralized economy. It is designed to overcome the limitations of older blockchain-based platforms, such as slow performance and instability. Hedera's native cryptocurrency, HBAR, serves a dual role within the network. It powers Hedera services like smart contracts and file storage, and it also helps secure the network as users can stake their tokens to assist with maintaining the platform's integrity. Hedera is not a traditional blockchain but introduces a 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 operates on a Proof of Stake (PoS) model, which is designed to increase the efficiency of transaction verification in the network, provide a high level of security, and protect the network from hacker attacks. Its ecosystem is based on the underlying hashgraph consensus algorithm and a global enterprise governing body. Hedera uses a new consensus algorithm called hashgraph, which aims to process and execute transactions faster, eliminate delays, and smooth out the transactions per second (TPS) indicator. One of the most noticeable features of the network is the Gossip-about-Gossip protocol, where nodes randomly transmit data about themselves to other nodes via hashgraph. This forms a certain data structure consisting of a payload of transactions, a timestamp, a digital signature, and hashes to the previous structures.
Hedera aims to increase the speed of transactions and is also focused on high-volume operations such as micropayments, data integrity, and tokenization. It maintains a virtual machine that writes smart contracts in the Solidity programming language and offers a set of built-in KYC and AML checks. Hedera's potential use cases extend to various sectors, including financial markets, matching engines, supply chain negotiations, and more. It also enables the creation and management of tokens, making it a suitable platform for tokenization of real-world and digital assets. Furthermore, Hedera's low energy consumption and commitment to being a carbon-negative public network make it a sustainable choice for building applications.
Hedera was founded by Dr. Leemon Baird and Mance Harmon. Dr. Baird, the inventor of the hashgraph distributed consensus algorithm, currently serves as Hedera's chief scientist. Mance Harmon, an experienced technology executive and seasoned entrepreneur, is Hedera’s CEO. The platform was funded through an initial coin offering (ICO) in August 2018 and launched open access to its mainnet in September 2019. Hedera Hashgraph has a decentralized governance system, with all critical decisions about pricing policy, software updates, and wealth management made by the Governing Council. The council consists of up to 39 highly diversified organizations that span across up to 11 different industries.
How Hedera and United States Dollar differ
Hedera, also known as Hedera Hashgraph, is a public network that seeks to provide a more efficient and equitable system for the decentralized economy, striving to overcome the limitations of older blockchain-based platforms. Its native cryptocurrency, HBAR, powers services like smart contracts and file storage, and aids in securing the network. Unlike the US Dollar, which is a traditional fiat currency controlled by the Federal Reserve, Hedera operates on a Proof of Stake model, aiming to increase transaction verification efficiency and provide high security. Hedera's potential use cases extend to various sectors, including financial markets and supply chain negotiations, and it enables the creation and management of tokens. In contrast, the US Dollar is primarily used for traditional transactions and does not have the same level of versatility in digital applications. Furthermore, Hedera's commitment to being a carbon-negative public network makes it a sustainable choice for building applications, a feature the US Dollar does not possess.
Frequently asked questions
How much is 1 Hedera in USD?
Right now, 1 Hedera is worth about $0.26.
How much HBAR could I buy for 1 USD?
Based on the current rate, you could get 3.88 HBAR for 1 USD.
How much has the price of Hedera changed?
Hedera price has been on the rise. Since yesterday, the exchange rate of Hedera has increased. Since last month, the exchange rate of Hedera has increased. Since this time last year, the price of Hedera has increased.
How do I calculate or convert HBAR to USD?
You can use our HBAR to USD calculator at the top of this page to convert any amount of HBAR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 19.39 HBAR. Inversely, 5 HBAR will cost about $1.29
How can I buy 1 Hedera on Coinbase?
Hedera is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Hedera.
What are assets similar to Hedera that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Hedera, including UNUS SED LEO, Filecoin, and Ethereum Classic. For a more robust list of assets to explore, jump to the asset page dedicated to Hedera.
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The exchange rate of Hedera is increasing.
The current value of 1 HBAR is $0.26 USD. In other words, to buy 5 Hedera, it would cost you $1.29 USD. Inversely, $1.00 USD would allow you to trade for 3.88 HBAR while $50.00 USD would convert to 193.94 HBAR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.51%. Meanwhile, in the last 24 hours, the rate has changed by 1.53%, and that the the highest exchange rate of 1 HBAR to United States Dollar was $0.27 USD and the lowest 24 hour value was 1 HBAR for $0.24 USD. This time last month, the value of 1 HBAR was $0.15 USD, which is a 70.89% decrease from where it is now. Looking back a year, Hedera has changed by $0.09 USD.
HBAR to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.25 USD | 1.53% | $0.29 USD | -10.51% | $0.15 USD | 70.89% | $0.0912 USD | 191.04% |
HBAR to USD
Amount | Today at 2:29 am |
|---|---|
0.5 HBAR | $0.13 |
1 HBAR | $0.26 |
5 HBAR | $1.29 |
10 HBAR | $2.58 |
50 HBAR | $12.89 |
100 HBAR | $25.78 |
500 HBAR | $128.91 |
1,000 HBAR | $257.81 |
USD to HBAR
Amount | Today at 2:29 am |
|---|---|
0.5 USD | 1.94 HBAR |
1 USD | 3.88 HBAR |
5 USD | 19.39 HBAR |
10 USD | 38.79 HBAR |
50 USD | 193.94 HBAR |
100 USD | 387.88 HBAR |
500 USD | 1,939.41 HBAR |
1,000 USD | 3,878.83 HBAR |
Today vs. 24 hours ago
Amount | Today at 2:29 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 HBAR | $0.13 | $0.13 | +1.65% |
1 HBAR | $0.26 | $0.25 | +1.65% |
5 HBAR | $1.29 | $1.27 | +1.65% |
10 HBAR | $2.58 | $2.54 | +1.65% |
50 HBAR | $12.89 | $12.68 | +1.65% |
100 HBAR | $25.78 | $25.36 | +1.65% |
500 HBAR | $128.91 | $126.82 | +1.65% |
1,000 HBAR | $257.81 | $253.63 | +1.65% |
Today vs. 1 month ago
Amount | Today at 2:29 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 HBAR | $0.13 | $0.0758 | +70.05% |
1 HBAR | $0.26 | $0.15 | +70.05% |
5 HBAR | $1.29 | $0.76 | +70.05% |
10 HBAR | $2.58 | $1.52 | +70.05% |
50 HBAR | $12.89 | $7.58 | +70.05% |
100 HBAR | $25.78 | $15.16 | +70.05% |
500 HBAR | $128.91 | $75.80 | +70.05% |
1,000 HBAR | $257.81 | $151.61 | +70.05% |
Today vs. 1 year ago
Amount | Today at 2:29 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 HBAR | $0.13 | $0.0457 | +182.02% |
1 HBAR | $0.26 | $0.0914 | +182.02% |
5 HBAR | $1.29 | $0.46 | +182.02% |
10 HBAR | $2.58 | $0.91 | +182.02% |
50 HBAR | $12.89 | $4.57 | +182.02% |
100 HBAR | $25.78 | $9.14 | +182.02% |
500 HBAR | $128.91 | $45.71 | +182.02% |
1,000 HBAR | $257.81 | $91.41 | +182.02% |
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