Hedera saw massive growth in Q1 2023, with transaction volumes growing 40 times. TVL also saw a sizable increase of 52%.

The founder of proof-of-stake layer-1 blockchain Hedera (HBAR) is revealing the project’s ambitions for the year, saying that the network has managed to defy last year’s crypto winter.

FreshSupplyCoAu, a pioneering player in the realm of digital innovation, has taken a significant step forward by seamlessly integrating Hedera into its Continuity API, the HBAR Foundation announced on X (Twitter). This dynamic fusion links the Hedera network with the conventional banking system and amplifies its reach by integrating with the Mastercard Network.

According to recent HBAR crypto news, the Hedera network has reportedly added a new organization to its growing list of Governing Council members.

As per latest news related to HBAR, Hedera is set to witness a token unlock of 6.28% of its supply, which translates to 3 billion tokens.

The transaction volume has skyrocketed by over 40X, crossing the impressive milestone of 10 billion transactions in just a few days.

A recent post on X (Twitter) confirms a mistake in Hedera’s code. In particular, regarding Hedera’s V39 mainnet release in July 2023, which resulted in no network fees being allocated toward staking rewards.

The Hedera decentralized, open-source public ledger is primed to revolutionize the blockchain industry. Hedera is an EVM-compatible Layer 1 blockchain, most known for its speedy transactions and low fees across different crypto ecosystems.

According to a recent report by the online database platform Messari, the Hedera (HBAR) Network, an open-source, public blockchain governed by the Hedera Governing Council, has showcased significant growth in the face of a challenging crypto market during Q3 2023.

Hedera Hashgraph (HBAR) records solid recovery, overcoming the resistance mark at $0.52 following a more than 10% price increase within the past seven days.

Hedera is one of the most used and suitable enterprise grade blockchain where individuals and other can create powerful dapps on them. It is designed to be more fairer and more efficient system than the previous older blockchain. Hedera has a very unique and novel distributed type technology called Hashgraph. This technology gives Hedera a blockchain an edge in transaction processing. The average transaction cost on the blockchain is around $0.0001.

As the crypto world braces for the unlocking of over 1 billion Hedera tokens on June 1st, there is growing speculation about a potential dip in the price of HBAR. In the midst of this uncertainty, investors are casting their gaze toward other promising projects in the cryptocurrency arena. One such luminary is Sparklo (SPRK), an emerging project that’s garnering significant attention and interest from savvy crypto enthusiasts.

Despite a general market decline for the majority of cryptocurrencies, Hedera (HBAR) is making strides with notable gains. Its performance sets it apart from the rest of the market and has garnered the attention of investors with a focus on whether it can hold the gains.