Open Domain Multi-hop Question Answering faces a dual compositionality challenge: reasoning over complex query structures and integrating evidence scattered across contexts. Despite recent advancements in Graph-based Retrieval-Augmented Generation (GraphRAG), persistent limitations in complex reasoning and retrieval inaccuracies continue to constrain the efficacy of multi-hop QA systems. We introduce HiGraAgent, a framework that unifies graph-based retrieval with adaptive reasoning. It constructs a Hierarchical Knowledge Graph (HiGra) with entity alignment, reducing redundancy by 34.5% while preserving expressiveness; employs HiGraRetriever, a hybrid graph-semantic retriever that consistently outperforms the strongest graph-based method across benchmarks; and integrates a dual-agent adaptive reasoning protocol where a Seeker and a Librarian dynamically coordinate retrieval and reasoning. Together, these innovations enable HiGraAgent to achieve 85.3% average accuracy on HotpotQA, 2WikiMultihopQA, and MuSiQue, surpassing the strongest prior system by 11.7%. Our results highlight the importance of reframing multi-hop QA as a problem of adaptive reasoning, offering a more robust and flexible paradigm for complex information seeking.