Hedera Hasgraph is technically an alternative to blockchain. Unlike blockchain, Hedera uses Directed Acyclic Graph (DAG) to record information in a non-linear way. It doesn’t follows or arranges a sequential chain of blocks. Hedera is not the only blockchain that operates on DAG, IOTA, Tangle, Byball, and others are using the same. Hasgraph ensures to provide better facilities than blockchain while eradicating the drawbacks at the same time. For example, low transaction speed is a concerning factor for many, but with Hedera, low speed doesn’t exist.

At the moment, Hedera Hashgraph provides three products: a file service, smart contracts, and a cryptocurrency. After passing the KYC test, any user can open an account on the network, create dApps based on Hedera Hashgraph, or both.

The network can handle 10,000 transactions in a second, and it takes three to five seconds for a transaction to be confirmed. The Hedera Hashgraph network also offers file services and smart contracts, but their throughput is currently limited to 10 transactions per second. Declared speeds will progressively increase, and the average transaction fee will be $0.0001.

If we look at the price chart, Hedera Hashgraph has improved drastically in the last 1 year. Somewhere during the same time in April, 2023, Hedera was trading at $0.060. However, at the time of writing, the coin is at $0.110. The price has almost doubled within a span of 1 year. The prospects of the coin seems promising making it a best buy crypto under $1.

Talking about the intraday price movement (at the time of writing), there has been a 10.36% drop. If we look at the 7-day chart, Hedera is reflecting 41% spike in price. Today, the price is at $0.11. Marketcap is $4,064,206,143 and 24hr volume is $1,094,707,854. The total volume is 50,000,000,000 HBAR whereas 35,742,801,273 HBAR are in circulation.