HBAR Price Jumps as Hedera Activity Reaches New Heights
Hedera's network activity has reached an all-time high, with daily transactions exceeding 346,943. This surge in activity is accompanied by a rise in the price of HBAR, which has climbed to $0.074.
According to DeFiLlama, Hedera's TVL (Total Value Locked) has surpassed $23 million, up from around $15 million in mid-August. The recent 9% increase in the last 24 hours suggests that money is flowing into applications built on the network.
In addition to this growth within the network, interest in HBAR is also visible outside of it. U.S. HBAR spot ETFs have seen $848K in daily net inflows, with combined net assets reaching approximately $50.14 million, as reported by SoSoValue.