Many people don’t realize this: imagine all 39 governing council members fully engaging with the Hedera network. These councils already provide services to hundreds of millions of people in their respective industries.
Of course, each of them will secure a significant amount of HBAR tokens to facilitate network transactions.
The CBDC operations of the bank councils alone require a substantial amount of HBAR to support transactions. As the network grows, the demand for HBAR will likely skyrocket.
Assuming the total supply of 50 billion HBAR is in circulation, and each council is fairly allocated 1 billion HBAR, that would leave 11 billion HBAR circulating among the public, retailers, exchanges, and other entities.
It would only take 500,000 wallets holding 20,000 HBAR each (approximately $4,000) to fully saturate the total supply.
Just a matter of time..
