1 · ETF holdings
WatchOnly US HBAR ETF keeps adding; up 70% since Dec 31 2025.
Data
| Date | Canary HBAR ETF |
|---|---|
| Dec 31 2025 | 473 M HBAR |
| Mar 31 2026 | 573 M HBAR |
| Jun 30 2026 | 663 M HBAR |
| Oct 9 2026 | 806 M HBAR |
No new coins. The Council slowly releases its reserve.
HBAR runs Hedera: 44.0B of the 50B coins circulate, 88% unlocked. No coin is ever minted; new supply only comes when the Council releases coins it already holds.
Sell pressure. The Council let out 207.85M HBAR in 90 days: 150M for running costs, 40M for the ecosystem and 16.06M to staff. About 39.5M is planned for the next 90 days.
Buy pressure. Nothing is burned or bought back, and staked coins stay in circulation.
Net. Net, supply grew about 0.47% in 90 days and should grow about 0.09% next.
Hedera creates no new HBAR. All 50B coins were made at launch, and stakers are paid from a reward pot filled in advance, which already counts as circulating. That pot fell from 179.7M to 133.5M HBAR in these 90 days as it paid about 0.51M a day.
The Council's coin plan pays staff and partners once a quarter. It paid 16.06M HBAR on Sep 30 2026. The Council plans 36M for the next payout, about Dec 31 2026, plus 0.39M under old purchase agreements.
The Council released 150M HBAR for its running costs on Oct 1 2026, 40M to ecosystem development on Aug 15 2026 and 1.79M in monthly payments. About 6.0B HBAR still sits in Council accounts. The plan for the next quarter lists 3.8B for ecosystem development, but that line has been planned for about a year and only 40M moved, so we do not count it. A wallet holding about 3.72B HBAR, filled from early Hedera accounts in August, already counts as circulating.
No bankruptcy estate, trustee or long lock holds HBAR waiting to be paid out.
Nothing buys HBAR back. Network fees go to node operators, the staking reward pot and a fee account.
Hedera burns no fees. Every fee is paid on to accounts that stay in circulation, and released supply rose by exactly the coins the Council let out.
No Council or Foundation purchase of HBAR was found in this window.
About 12.95B HBAR is staked, but staked coins stay liquid and count as circulating, so staking takes nothing out of the float.
Two sides: how much people want HBAR right now, and how much buying could come later.
This part is based on social media. It shows how hot HBAR is right now. A better rank means more people are talking about it.
Today, people are talking about HBAR for one reason:
HBAR traded near $0.085 on Oct 17 2026, down about 8% in seven days. Over the last 30 days, activity on the Hedera network rose about 168%. People ask why the price drops while use grows.
Checked Oct 17 2026
Based on the law of supply and demand, the long-run signal for Hedera is mixed. As of Oct 18 2026, score 5.5/10, Hedera faces +0.09% new supply over 90 days, with demand weak (2/5). Hedera's price drivers: 1 ▲ price up, 0 ▼ price down.
Canton is bigger today, about $4.93B against Hedera's $4.04B on Oct 12 2026. Hedera has 88% of its 50B max already out, while Canton lists no max supply. Hedera's US ETF has grown its holdings 70% since Dec 31 2025. By supply and demand, Hedera's long-run signal is mixed today.
Still growing, we think. The only US HBAR ETF keeps adding and is up 70% since Dec 31 2025. Three big names joined as Hedera members in 2026, though Hitachi just dropped off. By supply and demand, Hedera's long-run signal is mixed today.
It would take 109 times today's value: $10 × Hedera's coins in the market = about $440B, against $4.05B now (Oct 18 2026). Hedera's supply also grows +3.63% in the next year, so every extra coin needs buyers too. Our supply-and-demand read for Hedera stays mixed.
Today the signal is mixed. Supply and demand would point the other way for Hedera if new supply jumps (today +0.09% in 90 days), or demand falls from weak.
On our framework Hedera scores 5.5/10 (Oct 18 2026), with supply 3.5/5 (steady) and demand 2/5. In the next year Hedera's supply changes +3.63%, so the long-run signal reads mixed.
The law of supply and demand points to one window for Hedera: low new supply, high demand, drivers pointing up. Where Hedera stands today: +0.09% new supply in 90 days (steady), demand weak (2/5), drivers 1 ▲ / 0 ▼.
Hedera has 2 price drivers today (1 ▲ price up, 0 ▼ price down). ▲ ETF holdings: Only US HBAR ETF keeps adding; up 70% since Dec 31 2025. • Big-name members: Three big names joined in 2026; Hitachi just dropped off.
Hedera reads mixed at 5.5/10; Bitcoin reads positive at 8.5/10 (Oct 18 2026). On supply and demand, Hedera looks weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. HBAR supply grows +0.09% in the next 90 days, so it shows in red: more HBAR reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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