Keep an eye on Handshake

Get instant alerts for major price changes.

Market

Market stats

Market cap

$14.6M

Volume (24h)

$83,690.03

Circulating supply

617.8M HNS

All time high

$0.85

Price change (1h)

-0.53%

Price change (24h)

-9.6%

Price change (7d)

-24.97%

About Handshake

Handshake is a permissionless and decentralized naming protocol that enables people to agree on names and cryptographic keys of networks. The official website of Handshake claims that names on the internet rely on centralized actors with complete control over a system. This makes the system vulnerable to hacking, corruption, and censorship. Therefore, Handshake aims to establish new ways of validating the peer-to-peer systems by the network's participants making the internet more resilient, secure, and socially beneficial.  

Internet services have become more centralized and do not fulfill the original decentralized vision of the internet. Centralization of the internet services became essential to manage Sybil attacks and spam. Sybil attacks refer to a security threat on an online system, whereby individuals take control of a network by creating several accounts, computers, or nodes. However, to prevent the loopholes of centralization, internet services can prevent Sybil attacks if built on a decentralized system. A decentralized system eliminates the presence of a singular entity for permanent unitary control of the protocol. 

Handshake enables participation in a decentralized open naming platform secured by a decentralized peer-to-peer network. The platform utilizes a coin system for name registration. Handshake coin (HNS) is the native token of the platform. Through HNS, participants transfer, register, and update names on the internet. The Handshake community places auctions and bids top-level domains through HNS. 

Handshake allocates the maximum initial coins to the Free and Open Source Software (FOSS) community without any attached obligation. FOSS refers to free and open software that allows users and programmers to modify, edit, or re-use the software's source code. The incentive design of Handshake relies on Metcalfe’s Law. Metcalfe’s Law states that an increase in the network's user base is directly proportional to the value of the network. Therefore, the value of Handshake is derived from the network of users. 

News about Handshake

The Defiant • Feb 21, 24

Burn Rate Surges Amid Spike In Ethereum On-Chain Activity

Nearly $63M worth of ETH was burned in the past two weeks.

Read more

News Article Image

Decrypt • Feb 21, 24

Circle Axes Support for USDC on Tron, Citing 'Risk Management'

The stablecoin issuer said that its decision, "aligns with our efforts to ensure that USDC remains trusted, transparent and safe."

Read more

News Article Image

The Block • Feb 21, 24

Hong Kong plans to submit stablecoin, OTC crypto bills soon following consultation: official

The government said it will submit the bills for stablecoin and OTC crypto trading to the Legislative Council "as soon as practicable."

Read more

News Article Image

BeInCrypto • Feb 21, 24

MetaMask Reclaims Glory With 30 Million Users as Crypto Gears Up for Bull Run

MetaMask's user growth mirrors a potential crypto bull run, with Bitcoin and Ethereum prices doubling, hinting at a vibrant future for Web3 technologies.The post MetaMask Reclaims Glory With 30 Million Users as Crypto Gears Up for Bull Run appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Feb 21, 24

The Team Who First Applied Mpc to Crypto Is Building Defi on Bitcoin

Spatium, a developer of Wallet-as-a-Service products for neobanks and exchanges, launches its own solution designed to enable DeFi on Bitcoin. The Multi-party Computation (MPC) chain, built by Spatium, empowers non-custodial wallet, cross-chain P2P, staking and lending on top of Bitcoin blockchai...

Read more

News Article Image

BeInCrypto • Feb 21, 24

50% Chance of Spot Ethereum ETF Approval: Good or Bad for Prices?

Delve into the fervent speculation around the SEC's potential approval of an Ethereum ETF and its implications on Ethereum's market value. This article offers expert analysis and perspectives on how this critical decision could shape Ethereum's future in the financial landscape.The post 50% Chanc...

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Handshake in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Handshake is on the decline this week.

The price of Handshake has decreased by 0.53% in the last hour and decreased by 9.60% in the past 24 hours. Handshake’s price has also fallen by 24.97% in the past week. The current price is $0.0236 per HNS with a 24-hour trading volume of $83.69K. Currently, Handshake is valued at 97.23% below its all time high of $0.85. This all-time high was the highest price paid for Handshake since its launch.

The current circulating supply of Handshake is 617,815,524.041 HNS which means that Handshake has as total market cap of 617,815,524.041.

FAQ

What is the current price of Handshake?

We update our Handshake to USD currency in real-time. Get the live price of Handshake on Coinbase.

What is the market cap of Handshake?

The current market cap of Handshake is $14.57M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Handshake?

The all-time high of Handshake is $0.85. This all-time high is highest price paid for Handshake since it was launched.

What is the 24 hour trading volume of Handshake?

Over the last 24 hours, the trading volume of Handshake is $83.69K.

What other assets are similar to Handshake?

Assets that have a similar market cap to Handshake include Rhino.fi DVF, Galatasaray Fan Token, Ponke, and many others. To see a full list, see our comparable market cap assets.

How many Handshake are there?

The current circulating supply of Handshake is 618 million.

Can I buy Handshake on Coinbase?

No, Handshake is not currently available on Coinbase, but you can sign up to get the latest news on Handshake and be notified when it gets added to our exchange.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.