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The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
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Hbar (HBAR) General Data and Price for Hedera
General Data (as of May 1, 2025):
* Current Price: Approximately $0.18 - $0.19
* Market Cap: Approximately $7.7 Billion - $8.0 Billion. This puts it in the top 20 of the largest cryptocurrencies.
* Circulating Supply: Approximately $42.2 - $42.3 Billion HBAR.
* Total and Maximum Supply: 50 Billion HBAR. This means that approximately 84-85% of the total supply is in circulation.
* 24-Hour Trading Volume: Typically between $140 Million - $200 Million.
* All-Time High: Approximately $0.57 - $0.58 on September 15, 2021.
* All-Time Low: Around 0.009 - 0.01 USD on January 2, 2020.
Price:
The price of HBAR can fluctuate in line with the general volatility of the crypto market. While a slight uptrend has been observed in the last period (last 1 week and 1 month), it has decreased since the beginning of the year. However, there is a significant increase compared to last year. Price movements can be affected by various factors such as market sentiment, general cryptocurrency trends, developments in the Hedera ecosystem, and adoption rates.
A Very Brief Critique:
Hedera Hashgraph is a distributed ledger technology that stands out as an alternative to traditional blockchain technologies, promising high-speed and low-cost transactions. It is claimed to be able to process thousands of transactions per second with low latency thanks to its unique consensus mechanism called "gossip about gossip" and "virtual voting". The Hedera Governing Council, consisting of large companies, can be seen as a significant advantage in terms of the sustainability and adoption of the project.
However:
* Having a centralized governing council may be seen as contrary to the principle of decentralization by some cryptocurrency investors.
* The complexity and patented nature of the technology may limit developer participation compared to open source projects.
* The intense competition in the market and the existence of other Layer-1 solutions are important factors for HBAR's long-term success.
In conclusion, although Hedera is a promising project from a technical perspective, its centralized structure and competitive market conditions should be taken into consideration. It is important to do your own research before making an investment decision.