What is Hedera Hashgraph?
The Hedera (HBAR) token is the native token of the Hedera ecosystem. The entire network’s transactions are fueled by HBAR, which guarantees their speed and security.
In simpler words, you can consider Hedera’s HBAR as the rocket fuel, allowing users to pay for network services like file storage, smart contracts, and token production. Through staking, HBAR contributes significantly to preserving the integrity of the network in addition to serving as a transactional tool for users to take advantage of the key features offered by Hedera’s infrastructure.
At the time of writing, the HBAR token is trading at around $0.313 and has experienced around 800% price surge in the past 2 months.
