About Hedera Hashgraph (HBAR)
Despite what you may think, Hedera is not technically a blockchain. It is a public distributed ledger that uses hashgraph consensus, an alternative approach to achieving agreement across a decentralised network. Launched in 2019, Hedera was designed for enterprise use cases that demand high throughput, deterministic finality, and predictable fees. The network is governed by a council of up to 39 major organisations spanning technology, finance, telecommunications, and academia.
HBAR is the project's native cryptocurrency, used to pay transaction fees, participate in network staking, and power decentralised applications. The current HBAR/AUD exchange rate is displayed live on this page. In Australia, individuals can purchase Hedera using AUD through PayID transfers on AUSTRAC-registered platforms like Swyftx.
HBAR price in AUD
The live HBAR price in AUD is shown in the chart above. Like all cryptocurrencies, HBAR experiences notable short-term price volatility. Its valuation can be influenced by enterprise adoption milestones, governing council developments, and broader macroeconomic conditions.
What is hashgraph and why does it matter?
Most cryptocurrency networks use some form of blockchain: a linear chain of blocks, each containing a batch of transactions (or other data). Hedera's hashgraph is structurally different. It uses a "gossip about gossip" protocol combined with virtual voting to achieve consensus without producing blocks in the traditional sense.
In practice, this means nodes do not simply broadcast new transactions; they continually and randomly share data with one another, including the history of their recent communications. This builds a complete cryptographic map of how information spreads. Because every node eventually holds an identical copy of this map, they can independently calculate the consensus timestamp for any transaction. This process, known as virtual voting, occurs without ever needing to transmit actual votes across the network.
The practical result is high throughput (the network can handle thousands of transactions per second), low and predictable fees, and asynchronous Byzantine fault tolerance (aBFT), which represents the highest theoretical security threshold in distributed systems. The trade-off is that the network’s governance is more centralised than fully open blockchains, with the Hedera Governing Council controlling network parameters and node operation.
What drives HBAR's price?
Enterprise adoption
Hedera’s value proposition is tied to real-world usage by enterprises and institutions. Use cases include supply chain verification, carbon credit tokenisation, decentralised identity, and audit-trail applications. Governing council members often represent major enterprises and corporations, and their active participation on the network can suggest institutional interest in the project.
Supply structure
HBAR has a fixed maximum supply of 50 billion tokens, all of which were created at network launch. Tokens are released into circulation through a managed treasury distribution schedule, with the rate of new circulating supply declining over time. This schedule is publicly available and provides predictability around supply dynamics.
Market conditions
As a globally traded asset, HBAR is sensitive to macroeconomic indicators, enterprise blockchain adoption trends, and the competitive landscape among institutional-grade distributed ledger platforms.
How to store HBAR
After purchasing HBAR, assets can remain on a regulated custodial exchange or be withdrawn to a compatible wallet such as HashPack for direct ownership. Refer to our crypto wallet guide for more on self-custody options.
