The Hedera network recently tweeted an update around its high transaction speed as compared to its competitors in the crypto space. On 30 October, Hedera’s official Twitter handle highlighted that Hedera’s transaction speed of 49.55 TPS ranked third. The network stood just below Solana [SOL] ve Yıldızlar [XLM] bu konuda.
We’re just gonna leave this here.
🔗 https://t.co/97iYqWrNLI pic.twitter.com/iQjxqbPT9c
— Hedera (@hedera) 29 Ekim 2022
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İşte AMBCrypto'nun Hedera [HBAR] için Fiyat Tahmini 2022-2023 için
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The Hedera network, also highlighted that it managed to outcompete several cryptocurrencies on the TPS front. These networks were Poligon [MATIC] ve Algorand [ALGO]. Despite the impressive transaction speed, Hedera did not perform well in other areas.
For instance, Hedera’s volume exhibited a lot of volatility over the past seven days. Furthermore, its overall volume reduced by 66% in the past week. Its market cap dominance continued to decline as well and fell by 7.36% during the same time period. At press time, Hedera had captured %0.16 genel kripto pazarının.
However, despite the decline in volume and market cap, its volatility was low and had reduced by %40 over the last month. This would indicate that it would be less riskier for investors to buy HBAR yazarken.
However, despite HBAR’s drawbacks in these areas, the Hedera network was able to perform well in the DeFi space. As can be seen from the image below, Hedera’s TVL showed impressive growth over the past few weeks.
At the time of writing, Hedera’s TVL was at $19.83 million and had appreciated by 3.06% in the last 24 hours.
Despite the positive developments of Hedera in the DeFi space, it couldn’t perform well in the dApp area. Furthermore, verilere göre DappRadar, top performing dApps on the Hedera network, such as DaireTakas ve Helikopter Değiştirme did not witness a positive week.
SaucerSwap’s unique active users depreciated by 3.21% and during the same time HeliSwap’s unique active users depreciated by 14.97%. However, the decline in dApp interest did not slow down the growth of HBAR’s prices. At the time of writing HBAR’s prices appreciated by 3.03% in the last 24 hours.
Its volume appreciated by 40% in the same time period as well. Developments such as the Hedera network’s Cadılar Bayramı etkinliği could also have been one of the reasons for HBAR’s recent uptick.
Hederaween was incredible! 🎃
Thousands of new @Hedera wallets created, 300k ℏ in prizes from dozens of projects and so many new friends! Huge shoutout to @GenfinityIO & @XRP_OWL for hosting!
Congrats to all the winners, happy hederaween everyone!#HBAR #HBARbarlılar pic.twitter.com/q1EpWmIbqt
— Web23 🌐 Smart Domains (@web23io) 29 Ekim 2022
Source: https://ambcrypto.com/hederas-surge-in-transaction-speed-may-have-this-impact-on-hbars-price/