Hedera is on the rise this week.

HBAR, which is ranked 38, is currently changing hands for around $0.0749, which has shown an increase of 7.69% in the past 24 hours. It is now in the green over the past 7 days, with a rise of 15.90% in its price. However, over the same period of 7 days, HBAR still underperforms ALGO, it's closest competitor from the Blockchain category, as ALGO rose by 16.32% over the same period.

Hedera has had its trading volume $82.35 M over the past 24 hours. 43.71% of the overall volume has been contributed by the HBARUSDT pair on Binance Futures.

HBAR's current market cap is $1.95 B. The digital asset now accounts for approximately 0.17% of the total crypto market cap. This, however, is $62.11 M short of ALGO, which is ranked 37 by market capitalisation.

HBAR's 1 year high value of $0.2631 was achieved on Feb 15, 2022. 1 year low, however, was marked at $0.036043 on Dec 31, 2022.

Since it's ICO in Aug 13, 2018, HBAR has delivered approximately 0.62x in ROI.

The current circulating supply is 26.05 B HBAR.