Fast Recovering Hedera Coin Hints 38% In Upcoming Weeks; Enter Now?

Amid the recent recovery in the crypto market, the Hedera coin rebounded from the $0.037 mark and witnessed a parabolic recovery. Moreover, this V-shaped recovery surged the coin to its current price of $0.071, registering a 93% gain since January 1st.

Timeline of Hedera

Hedera is a strong competitor in the DeFi space as it boasts some of the best metrics in the industry. According to recent analysis, the ecosystem hit 5,500 transactions per second.

The Hedera blockchain describes itself as the cleanest blockchain in terms of energy consumption. We saw a deep push for efficiency in 2022 and this trend is likely to continue, which is why HBAR enthusiasts should take note of the latest updates regarding the network.

This week has been quite an interesting one for the markets, but a mixed bag for Hedera [HBAR]. This is mostly because the network reported its first technical challenge of 2023, which disrupted some aspects of its network.

Hedera is a public network and governing body that functions utilizing the hashgraph technology. The term “hashgraph” refers to a consensus process that, in addition to providing a data structure that is quick, safe, and fair, does it in an efficient and novel manner.

As the football fever increases with every breath-taking match, an officially licensed FIFA World Cup Qatar 2022 metaverse game has recently launched on the Hedera network which is powered by it proprietary hashgraph technology, claimed as the blockchain 2.0. FIFA Licensed Web3 Game Reality+ has partnered with OTZ Sports to launch “Own The Zone” Web3 The post This Crypto Network Launches FIFA World Cup 2022's Official Metaverse Game appeared first on CoinGape.

The Hedera Governing Council has announced new executives joining their team, each with interesting backgrounds. Hedera is the entity that leads the open-source Hedera network, a blockchain technology that aims to solve many of the challenges of competing distributed ledger technologies.

Hedera's TVL showed growth. However, its development activity declined along with its NFT trade volume On 27 November, Messari, a crypto analytics firm, tweeted that Hedera's TVL had grown by 171% over the last quarter.

Orbeon Protocol (ORBN) is here to change investing forever. The presale of ORBN has rapidly sold out since the price has already more than doubled, and several analysts anticipate total returns of over 60x.

Xeni's XeniPay solution launched recently on the Hedera Mainnet. XeniPay is designed “to help travel inventory consolidators, service providers, and online travel agencies reduce accounting, reconciliation, and settlement costs for B2B transactions.

Hedera's legal team moves to DC to cooperate with the government for crypto regulation Its dApps witness growth, however, TVL continues to decline Hedera's legal team, due to all the FUD caused by the collapse of FTX, decided to go to DC to talk about crypto regulation.