Hedera Becomes Top DLT, Break Records with 13 Billion Transactions
In a remarkable milestone for the Hedera network, it has surpassed a staggering 13 billion transactions on its mainnet, while maintaining an impressive throughput of over 1400 transactions per second (TPS). This extraordinary achievement has caught the attention of crypto analyst CrediBULL Crypto, who took to Twitter to highlight Hedera‘s unmatched performance compared to other distributed ledger technologies (DLTs).
HBAR Crosses 13 Billion Transactions
Hedera recently took to Twitter to celebrate its’s impressive achievement of surpassing 13 billion transactions on its mainnet, accompanied by an outstanding throughput of over 1400 transactions per second (TPS). The maximum TPS is 1542.
Hedera just broke 13 BILLION transactions on mainnet while currently pushing out over 1400 TPS. No other DLT comes close.
According to data provided by new metrics page launched few days ago, Arkhia metrics, the Hedera Mainnet has recorded an impressive total of 13,015,649,812 transactions, while the Hedera Testnet has seen 1,152,691,899 transactions and continued, at the press time.
Also Read: Liquidity Crunch Hits Crypto…
How Hedera is Top DLT Performer?
In comparison to other distributed ledger technologies (DLTs), Hedera’s performance remains unrivaled. Crypto Analyst adds that the network has main focus on enterprise based applications. More HBAR Hedera News..
Additionally, CoinGape reported the recent launch of the ChatGPT plugin that has further enhanced the user experience, enabling seamless access to HBAR and token balances on the their network. Its many benefits were added in the story, the most important being possibilty of the development of decentralized applications.
The growing adoption and utilization of Hedera’s Consensus Service have also contributed to its extraordinary revenue growth rate of 489% quarter-on-quarter (QoQ), as highlighted in a recent Messari crypto report. HBAR is currently trading at 0.04759582. Its 24-hour trading volume is $22,020,683 and has plunged -3.56% in the previous 24 hours. Their live market cap is $1,534,924,629.
Also Read: Binance Suspends Crypto Deposits & Withdrawals Of More Multichain-Bridged Tokens
- Solana Price Rallies 5% as Nasdaq-listed VisionSys Launches $2B SOL Treasury Strategy
- XRP Ledger Rolls Out MPT Standard for Real-World Asset Tokenization
- SEC Puts Crypto ETF Approvals On Hold Following U.S. Government Shutdown
- Pi Network Adds DEX and AMM Features To Expand Pi Coin’s Utility
- October Fed Rate Cut Odds Rise After Weak U.S. Labor Data, Bitcoin Surges
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
