Hedera Hashgraph (HBAR) has recently gained attention with a significant price surge. If you're interested in this cryptocurrency, here's a detailed history of HBAR's price movements from 2021 to 2024.
Hedera (HBAR) Price History in 2021
In 2021, HBAR started the year at $0.3244**. Its peak occurred in September, reaching **$0.5246. By year-end, the price closed at $0.2913, marking an 89.79% increase from its opening price.
Key metrics for 2021:
- Average market capitalization: $1.7 billion
- Daily trading volume: $115.9 million
👉 Discover more about HBAR's historical trends
Hedera (HBAR) Price History in 2022
2022 proved challenging for HBAR, with prices plummeting to an all-time low of $0.0369** in December. The annual average price stood at **$0.0364, with market capitalization dropping to $1.2 billion.
Hedera (HBAR) Price History in 2023
Recovery began in 2023:
- Highest price: $0.0985
- Closing price: $0.0858
- Average daily trading volume: $54.9 million
Though still below 2021 levels, these figures indicated steady market resurgence.
Hedera (HBAR) Price History in 2024
2024 marked a strong rebound:
- Average price: $0.0842
- Yearly high: $0.3896
- Closing price: $0.2879
- Market capitalization: $815.2 million
- Daily trading volume: $128.8 million
👉 Explore HBAR's current market performance
Hedera (HBAR) FAQ
What is Hedera (HBAR)?
Hedera is a next-generation platform using hashgraph technology to support decentralized applications (DApps). HBAR serves as its native token for transactions and network security.
How does Hedera differ from traditional blockchains?
Key advantages include:
- Higher transaction speeds
- Lower fees
- Improved energy efficiency
- Robust governance via a global council (including companies like Google and IBM)
Where can I buy HBAR?
HBAR is available on major cryptocurrency exchanges. Always verify the platform's credibility before trading.
Final Insights
HBAR's journey reflects cryptocurrency market volatility—from its 2021 peak through 2022's downturn to gradual recovery in 2023-2024. Its innovative technology and growing adoption suggest long-term potential in the crypto space.