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Hedera HBAR Shows Rising On-Chain Activity with Surging New Accounts

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(08:54 AM UTC)
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  • New accounts on Hedera increased 72.9% to 2,620 in the last 24 hours.

  • Transactions per second reached 100 on mainnet and 44 on testnet.

  • HBAR holders total 4.6 million while TVL hit $67.1 million, up 2% daily.

Hedera HBAR network activity surges: 72.9% more new accounts, higher TPS, rising TVL. HBAR up 4%. Explore on-chain metrics driving adoption now.

What is driving the recent Hedera HBAR network activity surge?

Hedera HBAR network activity has accelerated due to sharp increases in transactions per second, new account creations, and total value locked. On-chain data shows testnet TPS climbing to 44 and mainnet hitting 100 recently, while HBAR price rose 4% amid this uptick.

What are the latest metrics for Hedera new accounts and transactions?

Hedera’s new accounts jumped 72.9% to 2,620 over the past 24 hours from 1,515, per Hgraph data. Transactions from these accounts also rose, indicating active engagement. Network performance data from Hgraph reflects steady usage growth, pointing to developer testing and early DeFi adoption. This trend supports broader traction on the Hedera network.

Hedera new accounts

Source Hgraph

Frequently Asked Questions

How many HBAR holders are there and why is Hedera HBAR network activity rising?

HBAR holders number approximately 4.6 million, per Token Terminal data, up steadily over time. The rise in Hedera HBAR network activity stems from higher TPS, new accounts, and TVL growth, showing increased user participation and capital inflow.

What is the current Hedera TVL and TPS performance?

Hedera’s daily network TVL reached $67.1 million, up 2% from $65.8 million. Mainnet TPS hit 100 three days ago, while testnet TPS stands at 44, according to Hgraph. These figures highlight expanding engagement on the network.

HBAR token holders

Source: Token Terminal

Hedera Total Value Locked

Source: Hgraph

Key Takeaways

  • New accounts surged 72.9%: Total reached 2,620, with active transactions confirming user engagement.
  • TVL and holders growing: TVL at $67.1 million up 2%; 4.6 million holders signal sustained interest.
  • Price reflects fundamentals: HBAR up 4%, supported by on-chain metrics rather than speculation.

Conclusion

Hedera HBAR network activity demonstrates robust growth through elevated TPS, new accounts, expanding TVL to $67.1 million, and a holder base of 4.6 million. Data from Hgraph and Token Terminal underscore organic adoption. Monitor these trends for continued momentum in Hedera’s ecosystem.

Hedera Price analysis

Source: TradingView

Crypto Vira

Crypto Vira

Alican is a young and dynamic individual at the age of 23, with a deep interest in space exploration, Elon Musk, and following in the footsteps of Atatürk. Alican is an expert in cryptocurrency, price action, and technical analysis. He has a passion for sharing his knowledge and experience through writing and aims to make a positive impact in the world of finance.
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