What is the difference between Ethereum and Hedera?

Ethereum (ETH) and Hedera (HBAR) are both cryptocurrencies with different market capitalizations. Ethereum has approximately 85.6x the market cap. Compare their prices, volumes, and market performance.

Which has a higher market cap: Ethereum or Hedera?

Ethereum has a higher market capitalization at $301.71B compared to Hedera at $3.52B. Market cap represents the total value of all circulating coins.

What would Ethereum price be if it had Hedera market cap?

If Ethereum reached the market cap of Hedera, its price would be approximately $29.20, representing a 0.01x. This assumes constant circulating supply.

What is circulating supply?

Circulating supply is the number of coins or tokens that are currently available and circulating in the market. It excludes coins that are locked, reserved, or not yet released. This is different from total supply and max supply. Circulating supply is used to calculate market cap: Price × Circulating Supply = Market Cap.

What is the difference between circulating supply and maximum supply for Ethereum and Hedera?

Ethereum has a circulating supply of 120,681,508 coins, while Hedera has 43,831,545,022 coins. Circulating supply is the amount currently available and trading in the market. Maximum supply is the total number that will ever exist. A lower supply with high demand can lead to higher prices, while higher supply means more coins are available for trading.

What is Ethereum's market cap?

The market cap of Ethereum is currently $301.71B. Market cap is calculated by multiplying the current price ($2,499.63) by the circulating supply (120,681,508 ETH).

What is Hedera's market cap?

The market cap of Hedera is currently $3.52B. Market cap is calculated by multiplying the current price ($0.08) by the circulating supply (43,831,545,022 HBAR).

What is Ethereum's all-time high (ATH)?

The all-time high of Ethereum is currently $4,946.05. This means ETH is currently 49.5% below its peak price. The ATH represents the highest price ever recorded for this cryptocurrency.

What is Hedera's all-time high (ATH)?

The all-time high of Hedera is currently $0.5692. This means HBAR is currently 85.9% below its peak price. The ATH represents the highest price ever recorded for this cryptocurrency.

What is 24-hour trading volume?

24-hour trading volume represents the total value of all trades executed in the past 24 hours. ETH has a 24h volume of $18.21B, while HBAR has $114.87M. Higher volume indicates more liquidity and typically easier buying/selling with less price impact.

What does market cap rank mean?

Market cap rank shows a cryptocurrency's position relative to all other cryptocurrencies. ETH is ranked #2 and HBAR is ranked #28. Rank #1 means the largest market cap in the crypto market. This ranking changes constantly as prices fluctuate.

How much would Ethereum be worth if it had Hedera's market cap?

If Ethereum had Hedera's market cap, its price would be approximately $29.20. This represents a 0.01x from its current price. This projection helps visualize the valuation gap between the two cryptocurrencies based on current market conditions.

Calculate the price of Ethereum with the market cap of Hedera

Select two assets — we recalculate what the first would cost if it matched the second's total market value.

Coin A

Coin B

Ethereum price with the market cap of Hedera

$29.20 (0.01x)

If Ethereum had Hedera's market cap, its price would sit 98.8% below today's — a 0.01x move from the current price.

ETH mcap #2 $301.71B

HBAR mcap #28 $3.52B

Holdings

ETH

At a glance

Market cap and pricing appear reasonably aligned

	EthereumETH	HederaHBAR
Spot price	$2,499.63	$0.0804
Market cap	$301.71B	$3.52B
Fully diluted valuation	$301.71B	$4.02B
Global rank	#2	#28
24h high	$2,505.66	$0.0809
24h low	$2,414.13	$0.0776
24h volume	$18.21B	$114.87M
Volume / market cap	+6.03%	+3.26%

Performance, extremes & supply

Slight momentum difference between the two

	EthereumETH	HederaHBAR
24h change	+3.02%	+1.38%
7d change	+30.80%	+20.90%
30d change	+34.10%	+14.30%
All-time high	$4,946.05	$0.5692
From ATH	-49.46%	-85.88%
All-time low	$0.4330	$0.009861
Circulating supply	120,681,508 ETH	43,831,545,022 HBAR
Total supply	120,681,508 ETH	50,000,000,000 HBAR
Max supply	Unlimited	50,000,000,000 HBAR

Sentiment & social reach

Crowd signals, watchlist traction, and audience scale across public channels.

	EthereumETH	HederaHBAR
Bullish sentiment	+91.80%	+92.00%
Watchlist users	$1.98M	$329.60K
Trend score	4	—
Reddit subscribers	$0.00	$0.00
Telegram users	$0.00	$20.08K

Dev activity & network

Code contribution cadence, open-source reach, and on-chain protocol attributes.

	EthereumETH	HederaHBAR
GitHub stars	44,422	—
Contributors	906	—
Commits (4w)	41	—
Hashing algorithm	Ethash	Directed Acyclic Graph (DAG)
Genesis date	2015-07-30	—

Frequently asked questions

Answers about these assets and how the comparison is calculated.

What is Ethereum?

Ethereum (ETH) is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (DApps). Unlike Bitcoin which is primarily a currency, Ethereum is a programmable platform that allows developers to build and deploy applications on its blockchain. It introduced the concept of smart contracts and is the foundation for DeFi and NFTs.

What is Hedera?

Hedera (HBAR) is a cryptocurrency that operates on blockchain technology. It can be used for peer-to-peer transactions, investments, and various decentralized applications depending on its specific features and use cases.

What makes Ethereum different from Hedera?

Ethereum (ETH) and Hedera (HBAR) are different cryptocurrencies with distinct use cases, technical implementations, and market positions. They may differ in consensus mechanisms, transaction speeds, supply models, and ecosystem development. Compare their market caps, trading volumes, and historical performance to understand their relative positions in the crypto market.

Should I buy ETH or HBAR?

This comparison tool helps you understand the market valuations, but it does not constitute financial advice. Both cryptocurrencies have different use cases, risk profiles, and market positions. Do your own research, understand the technology, and consider your risk tolerance before investing. Past performance does not guarantee future results.

Where can I buy Ethereum and Hedera?

Both Ethereum and Hedera can be purchased on most major cryptocurrency exchanges including Coinbase, Binance, Kraken, and others. You will need to create an account, verify your identity, deposit funds, and then trade for the cryptocurrency you want.

How does Ethereum work?

Ethereum operates on a Proof of Stake consensus mechanism (after the Merge) where validators stake ETH to process transactions and secure the network. It features the Ethereum Virtual Machine (EVM) that executes smart contracts - self-executing code that automatically enforces agreement terms. Unlike Bitcoin's fixed supply, Ethereum has a flexible supply model with EIP-1559 burning mechanism that can make ETH deflationary.

How does Hedera work?

Hedera operates on blockchain technology using a consensus mechanism to validate transactions. The specific technical details depend on whether it uses Proof of Work, Proof of Stake, or another consensus algorithm. Transactions are recorded on a distributed ledger maintained by network nodes.