Here’s why the Hedera Hashgraph (HBAR) price is soaring

Here’s why the Hedera Hashgraph (HBAR) price is soaring
фото показано с : invezz.com

2022-2-15 13:40

The Hedera Hashgraph (HBAR/USD) price jumped sharply on Tuesday as investors cheered its progress. The HBAR token is trading at $0.2610, which is the highest it has been since February 8th. It has risen by more than 17% from its lowest level on Monday. This price is also about 40% above the lowest level this year.

Hedera Hashgraph bounces back

Hedera Hashgraph is one of the fastest-growing blockchain projects in the world. Unlike most projects, Hedera is owned and governed by some of the leading organizations in the world like Alphabet, IBM, ServiceNow, and Chainlink Labs. 

Hedera offers a platform where developers can build and scale applications in all industries like DeFi and Non-Fungible Tokens (NFT). It prides itself for having superior speeds than other platforms like Ethereum and Polygon.

For example, Hedera can handle over 10,000 transactions per second while Ethereum and Bitcoin offers about 12 and 3 transactions, respectively. Its transaction costs are significantly cheaper than those of traditional platforms. The average cost of a transaction in Hedera is $0.0001 compared to $19 and $25 for Ethereum and Bitcoin, respectively.

Other metrics are also better than those of other networks. For example, the transaction confirmation time is 3-5 seconds compared to Ethereum’s 10-20 seconds.

In the past few months, the number of companies that have embraced Hedera Hashgraph has been rising. For example, Ubisoft, a leading player in computer gaming is using the platform to build NFT projects. Similarly, companies like CouponBureau is using the platform to prevent fraud. 

As a result, the number of transactions in Hedera has grown in the past few months. The platform handled more than 2.4 million transactions in the past 24 hours. The average finality period was about 3.2 seconds while the number of accounts on its mainnet jumped to more than 664k.

Hedera Hashgraph price prediction

The four-hour chart shows that the HBAR price has done well in the past few days. The coin has managed to move above the key resistance level at $0.2498, which was the lowest level on January 10th. The coin has managed to move above the 25-day and 50-day moving averages while the Stochastic Oscillator has moved above the overbought level.

Therefore, there is a likelihood that the Hedera price will continue rising in the near term as bulls target the next key resistance level at $0.2800.

The post Here’s why the Hedera Hashgraph (HBAR) price is soaring appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Hedera Hashgraph (HBAR) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0591939
Капитализация $0 Rank 99999
Цена в час новости $ 0.2573 (-100%)

hbar hedera hashgraph price 8th risen february

Источник: invezz.com

hbar hedera → Результатов: 64


Цена токена Hedera поднялась на 96% из-за путаницы

За последние сутки цена токена Hedera (HBAR) выросла на 60,2%, а в моменте поднималась на 96%. Причиной для ралли стали неверно истолкованные заявления HBAR Foundation. Некоммерческая организация, стоящая за разработкой блокчейна Hedera, ввела инвесторов в заблуждение и запампила HBAR.

2024-4-24 13:44


Hedera’s (HBAR) Bullish Trajectory: Experts Highlight These Key Price Levels But There’s a Catch

The cryptocurrency Hbar, the native token of the Hedera Hashgraph network, is exhibiting signs of bullish momentum according to technical analysis from crypto analysts. Analyst Egrag pointed out on X that his prediction of a pullback for Hbar on March 14th was accurate, demonstrating his ability to identify patterns and potential price movements.

2024-3-19 21:30


Консорциум Centre запустил стейблкоин USDC на блокчейне Hedera Hashgraph

Стоящий за USD Coin (USDC) консорциум Centre запустил стейблкоин на блокчейне Hedera Hashgraph. Об этом сообщила занимающаяся развитием сети некоммерческая организация HBAR Foundation. “With the $USDC launch on the @hedera network, the HBAR Foundation is taking an important step toward fulfilling its mission to ease the development and launch of #DeFi applications on the network.

2021-10-18 17:06


Hex Trust to provide custody for native crypto-asset and protocols of Hedera

Hex Trust, an Asia-based crypto-asset custodian, today announced its partnership with Hedera Hashgraph, the enterprise-grade public ledger. Specifically, Hex Trust has integrated the Hedera network and the Hedera Token Service (HTS) standard into Hex Safe, its bank-grade custody platform, enabling support for HBAR, the Hedera network’s native cryptocurrency, and all HTS issuances on the protocol.

2021-10-12 06:56


Фото:

Проект Hedera Hashgraph выделит $3,85 млрд на развитие экосистемы

Управляющий совет Hedera Hashgraph утвердил план по выделению 10,7 млрд токенов HBAR (~$3,85 млрд) на стимулирование проектов по развитию экосистемы сети. Согласно пресс-релизу, средства представляют собой более 20% от общего предложения монеты.

2021-9-20 13:39


Hedera Hashgraph’s HBAR Nearly Triples in Value Following the Real World Usage of Blockchain

The National Health Services (NHS) facilities in England use blockchain technology to keep tabs on the supply and storage of temperature-sensitive COVID-19 vaccines. The system will “allow us to demonstrate our commitment to providing safe patient care,” said Steve Clarke, electro-biomedical engineering manager at South Warwickshire NHS, in a statement.

2021-1-21 16:59


AML/CFT compliance solutions now available for HBAR and any assets issued on Hedera

Hedera Hashgraph, the enterprise-grade distributed ledger, and TRM, the cryptocurrency compliance and risk management platform, today announced that TRM has successfully integrated with the Hedera public ledger, and customers can leverage the integration to comply with Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regulatory requirements HBAR, Hedera’s native cryptocurrency, is now supported across all TRM […] CryptoNinjas » AML/CFT compliance solutions now available for HBAR and any assets issued on Hedera

2020-12-24 20:31


дальше еще 15 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

HBAR price prediction as Hedera Hashgraph coin jumps

Hedera Hashgraph (HBAR) price jumped on Sunday as Bitcoin and other major cryptocurrencies continued consolidating. It rose to a high of $0. 064, the highest point since April 20th. In all, the coin has risen by over 8.