7 Best Hedera Alternatives in 2026
Last updated: 9/19/2026 · 🔗 Layer 1 · 7 alternatives
Hedera (HBAR) is one of the most well-known Layer 1 cryptocurrencies with a current Value Score of 63/100. But is Hedera the best choice in its segment? We identified 7 alternatives operating in the same Layer 1 space — ranked by our fundamental Value Score, which combines 10 market, supply and developer metrics. Each alternative is compared against the original so you can decide with full data.
Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
How we pick alternatives
How we pick alternatives: (1) Same category as Hedera — functionally comparable projects (Layer-1 vs Layer-1, DeFi vs DeFi, etc.). (2) Sorted by Value Score descending — coins with stronger fundamentals are prioritized. (3) Market cap is shown for context: smaller caps have higher percentage upside, larger caps offer more liquidity and established adoption.
Zilliqa (ZIL)
Rank #411 · $50.80M · $0.002602
Why an alternative: Higher Value Score (79 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
Harmony (ONE)
Rank #831 · $18.18M · $0.001223
Why an alternative: Higher Value Score (78 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
Mina Protocol (MINA)
Rank #402 · $52.95M · $0.040926
Why an alternative: Higher Value Score (77 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
Waves (WAVES)
Rank #772 · $20.93M · $0.209306
Why an alternative: Higher Value Score (77 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
MultiversX (EGLD)
Rank #285 · $86.09M · $2.82
Why an alternative: Higher Value Score (77 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
Internet Computer (ICP)
Rank #61 · $1.17B · $2.10
Why an alternative: Higher Value Score (76 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
Polkadot (DOT)
Rank #52 · $1.45B · $0.851868
Why an alternative: Higher Value Score (76 vs 63) with smaller market cap — more upside potential with stronger fundamentals.
Side-by-Side Comparison
| Coin | Score | Market Cap | Price | 30d |
|---|---|---|---|---|
| Hedera(HBAR) · original | 63 | $3.54B | $0.080918 | +9.80% |
| Zilliqa(ZIL) | 79(+17) | $50.80M | $0.002602 | -16.30% |
| Harmony(ONE) | 78(+16) | $18.18M | $0.001223 | -4.90% |
| Mina Protocol(MINA) | 77(+14) | $52.95M | $0.040926 | -20.40% |
| Waves(WAVES) | 77(+14) | $20.93M | $0.209306 | -21.80% |
| MultiversX(EGLD) | 77(+14) | $86.09M | $2.82 | -0.30% |
| Internet Computer(ICP) | 76(+14) | $1.17B | $2.10 | -5.40% |
| Polkadot(DOT) | 76(+14) | $1.45B | $0.851868 | -3.10% |
Bottom Line
Currently Zilliqa has a better Value Score than Hedera (79 vs 63) in the same use case. That doesn't automatically mean "buy instead of Hedera" — liquidity, network effects, and personal risk tolerance matter. But for investors actively looking for alternatives, the top 3 coins on this list are the best starting point for your own research.
Hedera in Market Context
Market Position
Hedera (HBAR) sits at rank #31, an established mid-cap in the upper quintile, with a current market cap of $3.54 B. As a Layer-1 blockchain, Hedera competes with other base-layer networks for developer adoption, liquidity, and institutional capital.
Recent Price Action
At $0.0809 (only 14% of the ATH of $0.5692), Hedera is in a deep correction — drawdowns of this magnitude have historically offered attractive re-entry zones depending on fundamentals. Over the last 7 days, Hedera has gained +7.7%; over 30 days it has gained +9.8%.
Valuation Signals
At 62.5/100, Hedera is in "Fair Value" territory — market and fundamentals are balanced; no clear buy or sell signal from valuation alone. MVRV at 85/100 suggests a favorable valuation relative to realized cap. Low dev activity (score 0/100) is a cluster risk — project stagnation elevates long-term delisting risk.
Risk Profile
Layer-1-specific risks: network adoption must scale or valuation stagnates. Validator concentration and consensus security are primary technical risks. Strong tokenomics (70/100): bounded emission, decentralized distribution, and no activation cliffs on the horizon.
Frequently Asked Questions
What is the best alternative to Hedera?
Based on our Value Score, Zilliqa (ZIL, score 79/100) is currently the highest-rated alternative in the Layer 1 segment. "Best" depends on your requirements though — liquidity, smart contract functionality, energy efficiency, etc.
Why should I consider alternatives to Hedera?
Three main reasons: (1) Diversification — concentration risk in a single crypto is dangerous. (2) Higher upside potential — smaller coins in the same segment can rise more in percentage terms if fundamentals are solid. (3) Different trade-offs — e.g. higher transaction speed, lower fees, or better decentralization. Caveat: smaller coins also carry more risk and lower liquidity.
Are these alternatives better than Hedera?
"Better" is subjective. The list is sorted by Value Score — coins with stronger fundamentals at the top. But the score doesn't capture everything: network effects, brand recognition, regulatory clarity, and adoption speed are additional factors. Use the list as a starting point for deeper research, not as a final buy decision.
How were these alternatives selected?
We filter all coins in our database (1000+ coins) by the same category as Hedera (Layer 1), exclude Hedera itself, and sort by Value Score descending. The top 7 are listed here. The list auto-updates as scores change (hourly).