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
Goldman Sachs Chief Solomon Warns: US-Iran War Impact Could Trigger Several Weeks of Continuous Crypto Market Decline
Goldman Sachs CEO David Solomon pointed out that the financial markets have not yet fully digested the impact of the US-Iran war, and cryptocurrencies may face further declines. Geopolitical tensions and oil price fluctuations are putting pressure on the markets, and investors should monitor related developments to assess future market trends.
GateNews13m ago
Ethereum Price News: ETH Exchange Reserves Drop to Historic Lows, Vitalik Buterin Proposes "Shelter Technology" Concept
Ethereum (ETH) has recently remained around $2,000, and ETH withdrawals have hit a new high in the past month as major investors transfer assets to private wallets. ETH reserves have fallen to early-year levels. Co-founder Vitalik Buterin has suggested building an "shelter technology" ecosystem to address geopolitical instability. Investors are adjusting their medium- to long-term asset allocations, and prices remain stable.
GateNews16m ago
XRP Price News: Ripple Advances RLUSD Stablecoin Payment Strategy, Potential Impact on XRP Demand
On March 3rd, Ripple(XRP) declined by approximately 2.4%, with the price around $1.36 and a market capitalization close to $83 billion. This fluctuation was influenced by a global risk asset correction and geopolitical tensions. Ripple announced an expansion of its payment platform to support the stablecoin RLUSD, which could put pressure on XRP demand. Despite the price decline, platform upgrades may bring positive changes for long-term development.
GateNews25m ago
BTC 15-minute increase of 0.77%: Institutional ETF funds strongly flow in, leading the short-term rebound
From 07:45 to 08:00 (UTC) on March 4, 2026, BTC prices experienced rapid short-term fluctuations, with a return of +0.77%. The price range was between 68,885.0 and 69,655.7 USDT, with an amplitude of 1.12%. This volatility was accompanied by increased spot trading volume, attracting market attention and intensifying fluctuations.
The main driver of this movement was the continuous net inflow of funds into the US spot Bitcoin ETF, with daily inflows reaching $458 million. Institutional large investors concentrated their purchases, pushing BTC to a strong short-term rebound. ETF funds were directly invested in long positions, reflecting the market sentiment.
GateNews26m ago
Bitcoin Price Trends Amid Iran Conflict: Six Experts Analyze Future Price Potential
Bitcoin's recent price has fluctuated between $65,000 and $70,000. Despite escalating geopolitical conflicts, experts believe that large-scale wars could prompt the Federal Reserve to inject liquidity, boosting the value of risk assets like Bitcoin. The impact of the conflict on energy supply and market confidence may also support Bitcoin prices in the medium term. Overall, market sentiment and profit-taking strategies will continue to influence short-term trends.
GateNews34m ago
Pi Network Faces Selling Pressure During Ongoing Network Upgrade
Pi Network faces selling pressure as Core Team moves tokens, limiting price recovery potential.
Ongoing network upgrade aims to improve speed, security, and developer tools for Pi.
Key levels near $0.20 and $0.15 will determine short-term price direction and momentum.
Pi Coin has
CryptoNewsLand48m ago
