Hana Network
HANA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Hana Network (HANA) demonstrates weak fundamentals across all evaluated categories. Active development is primarily commercial rather than technical, lacking verifiable code commit velocity, versioned releases, or formal milestone tracking despite public repositories. Community support is minimal with a small holder base of ~4,452, no Discord or Telegram channels, and trading-focused engagement following a post-TGE price drop. Tokenomics show significant structural risks, including high insider concentration (~69%), low circulating supply (24%), and heavy unlock dilution. Team depth and governance lack transparency beyond a named founder, and no DAO governance exists. Note on Data Gap: The Security and Audit History section scored -1.0 due to insufficient token-specific data resulting from search cross-contamination with unrelated enterprise software; its weight was redistributed proportionally across the other five categories. No qualifying red-flag events or confirmed fraud were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Hana Network (HANA)
Hana Network (HANA) is a social-finance cryptocurrency project focused on hypercasual finance, operating on the Ethereum blockchain. The project launched its token via a Token Generation Event (TGE) in June 2025 with a fixed maximum supply of 1 billion tokens, followed by exchange listings and trading integrations. While the project maintains public code repositories such as hana-node and protocol-contracts, documented technical development has remained limited, with the team focusing primarily on commercial and market expansion.
The project's leadership includes named founder K Hanasaka and associated contributor Tomer Warschauer Nuni. Hana Network operates under a centralized leadership model without an active decentralized autonomous organization (DAO) or formal on-chain governance framework. The project maintains a limited official communication footprint consisting primarily of X and Medium profiles, with an on-chain holder base of approximately 4,452 addresses.
Following its Token Generation Event, Hana Network experienced a steep valuation collapse, with its fully diluted valuation dropping significantly to around $10.5 million. This decline was driven by heavy sell-side pressure resulting from the early full unlocks of pre-sale and incentive tranches. The token exhibits structural concentration risks, with approximately 69% of the supply allocated to insiders and only about 24% of the total supply circulating, creating ongoing risks of future supply dilution.