Hedera HBAR

Where HBAR sits in the market

At #29, Hedera sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like HBAR, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 7 live HBAR order books (Binance, Coinbase, Gate.io, MEXC, HTX, Upbit…). That is coverage in line with a #29 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. Coinbase carries it, so HBAR is reachable from a regulated US venue — that widens the participant set and tends to keep the quote honest during US hours specifically. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

HBAR against its all-time high

HBAR trades 87.4% below its $0.5692 record (on 2021-09-15), which puts a 7.94x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

HBAR across its historical range

The recorded range runs 57.7x, from $0.00986111 to $0.5692 — wide by the standards of traditional assets, moderate for this one's class.

HBAR trades roughly 7.27x above its record low of $0.00986111 (on 2020-01-02). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

HBAR supply structure

HBAR is capped at 50.00 billion HBAR, of which only 43.37 billion is circulating — 86.7% issued, leaving 6.63 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset HBAR is

Hedera is a base-layer network, so HBAR is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files HBAR under 9 categories, including Layer 1 (L1), Hedera Ecosystem, GMCI Layer 1 Index, GMCI 30 Index, GMCI Index. Worth flagging from the metadata: HBAR is tracked in the GMCI Layer 1 Index, and is a constituent of the GMCI 30 Index.

How to set a Hedera alert that is worth receiving

Hedera (HBAR) — quoted on 7 venues we stream — high dated 2021-09-15 — rank #29. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →