Recently, Hedera (HBAR) on-chain activity has shown a significant uptick, directly driving the HBAR price up by approximately 4% in a single day, making it one of the relatively standout mainstream cryptocurrencies in the market. Multiple core network indicators have simultaneously strengthened, indicating that this rise is not merely driven by sentiment but is supported by fundamental data.
From a network performance perspective, the transaction per second (TPS) on the Hedera testnet has risen to 44, while the mainnet TPS broke through 100 a few days ago. This level suggests that developer testing and application interactions are accelerating, the technical usage frequency of the Hedera ecosystem is clearly increasing, and decentralized finance and enterprise applications are gradually being implemented on this network.
User growth is another key driving factor. Data shows that in the past 24 hours, the number of new Hedera accounts surged to about 2,620, an increase of over 70% compared to the previous day. More importantly, these new accounts are not “dormant users”; their associated transaction volume has also increased in tandem, reflecting that genuine on-chain interaction demand is forming rather than just registration activity.
From a mid- to long-term perspective, the number of HBAR holders has been steadily increasing, currently approaching 4.6 million. Meanwhile, the total value locked (TVL) on the Hedera network has grown by about 2% in a single day, reaching $67.1 million, indicating ongoing capital inflows into applications built on Hedera. The synchronized growth of TVL and user metrics is often seen as an important signal of improved ecosystem health.
Price-wise, HBAR’s upward movement is highly consistent with the improvement in on-chain data. Although short-term technical indicators show the stochastic RSI has entered overbought territory, price fluctuations may still oscillate, but the overall trend appears to be driven by actual usage increases rather than pure speculation.
From a technical structure perspective, if HBAR’s price can effectively break through the key resistance level of $0.1161, the market may further explore the $0.1452 region. Overall, the active on-chain activity, new account growth, TVL expansion, and price performance form a positive feedback loop, providing a relatively solid fundamental support for HBAR’s subsequent trend.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Arthur Hayes: I'll Believe in XRP's Use at Scale When I See On-Chain Evidence
Arthur Hayes calls for on-chain evidence of XRP at scale; Iran tolls on oil tankers reportedly paid in Bitcoin to bypass sanctions, with pre-cleared shipments. Jim Rickards cites Ripple as part of a broader crypto-led parallel financial system.
Abstract: The article compares Hayes's demand for XRP's real-world on-chain use with reports of Bitcoin toll payments by Iran and notes Rickards' view that Ripple could play a role in a broader crypto-driven parallel financial system.
GateNews12m ago
Early Signals Flash Green — 3 Altcoins That Could Move Fast: HYPE, DOGE, BCH
Hyperliquid shows strong momentum, rising volume, and growing institutional ETF interest.
Dogecoin maintains community strength, fast payments, and strong retail-driven market relevance.
Bitcoin Cash focuses on low fees, fast transactions, and practical real-world payment use.
Market
CryptoNewsLand1h ago
Spark Strategy Lead Criticizes Aave's WETH Market Unfreezing, Warns of Retail User Lockup Risk
Gate News message, April 21 — Spark strategy lead monetsupply.eth criticized Aave's decision to unfreeze the WETH market on Ethereum, arguing the move is poorly considered and primarily benefits leverage traders. The decision, he contends, worsens the situation for ordinary users already trapped in
GateNews1h ago
What does it mean that Bitcoin’s recent volatility is lower than the Korea Composite Index (KOSPI)?
The article notes that Bitcoin’s volatility over the past month has fallen to around 42%, with the price staying within the $65,000–$75,000 range, significantly lower than Kospi’s volatility. The approval of U.S. spot ETFs has drawn institutional capital in, improving liquidity and hedging capability, and strengthening Bitcoin’s resilience. Korean equities have highlighted the risk of Middle East energy supply and sharp swings in oil prices, underscoring Bitcoin’s role as a de-nationalized, relatively stable safe-haven asset.
ChainNewsAbmedia1h ago
Deutsche Bank Survey Shows US Bitcoin Adoption Rose to 12% in March, Up from 7% in February
Gate News message, April 21 — An investor survey by German banking giant Deutsche Bank revealed that cryptocurrency adoption in the US rose to 12% in March, up from a low of 7% in February, returning to levels projected for July 2025.
The report highlighted recovery in institutional demand as a
GateNews2h ago
Altcoins Surge Back Above $1.3T as Markets Rally After Greenland Crisis Resolution
On January 22, altcoins rebounded nearly 10% to $1.39 trillion due to eased global tensions, with Ethereum leading gains. Despite some volatility, the combined market cap stabilized at $1.32 trillion as other altcoins also showed modest recovery.
Coinpedia4h ago
