AI Summary
- Since the beginning of December, HBAR has been a strong performer in the market despite Bitcoin’s trepidations around $100k and other altcoins faltering.
- New products and businesses are being onboarded to Hedera and with a new COO, 2025 may be Hedera Hashgraph’s biggest year on record.
- According to DeFi analytics platform DeFiLlama, HBAR’s volume crossed $40 billion in the first two weeks of December, a new all-time high for network volume.
- For comparison, the network’s former all-time high for volume was back in April 2024 at $36.17 billion. HBAR’s total value locked (TVL) is also up at a new all-time high of $191.13 million, indicating that more users are coming to the Hedera ecosystem and interacting with the blockchain’s DeFi tools.
Since the beginning of December, HBAR has been a strong performer in the market despite Bitcoin’s trepidations around $100k and other altcoins faltering.
On CoinDesk’s CoinDesk 20 Index, HBAR led the index up 5.5+ while other alts such as Solana (SOL) and Render (RNDR) suffered.
New products and businesses are being onboarded to Hedera and with a new COO, 2025 may be Hedera Hashgraph‘s biggest year on record.
Hedera Hashgraph setting the record straight
The CoinDesk 20 Index, made up of 20 cryptocurrencies to measure the performance of top digital assets, reported on December 13 that HBAR and Aptos (APT) stood out amongst the crowd during Bitcoin’s recent volatility.
In recent weeks, Hedera has onboarded multiple businesses and tapped into the worlds of real-world assets (RWA) and global sustainability efforts. On December 12, the Hedera team welcomed Shyam Nagarajan as Chief Operating Officer.
As COO, Nagarajan will help guide the Hedera ecosystem towards innovative growth in the right direction. With Nagarajan’s previous experience in blockchain transformation and AI, there have been speculations that AI may play a more open role on Hedera in the near future.
In broadening Hedera’s horizons, The Hashgraph Group invested an undisclosed amount into Stettlemint, a blockchain transformation company that helps enterprises integrate blockchain networks into their products.
With the Hashgraph Group’s investment, we can expect HBAR to become an available network for global enterprises to pick for their integrations.
HBAR network and price performance
According to DeFi analytics platform DeFiLlama, HBAR’s volume crossed $40 billion in the first two weeks of December, a new all-time high for network volume. For comparison, the network’s former all-time high for volume was back in April 2024 at $36.17 billion.
HBAR’s total value locked (TVL) is also up at a new all-time high of $191.13 million, indicating that more users are coming to the Hedera ecosystem and interacting with the blockchain’s DeFi tools. The network’s previous record was $155 million in February 2024.
Although HBAR is down 0.2% over the past 24 hours, the token is up 395% over the past 30 days. In an uptrend, there may be a lot more room to grow once Bitcoin volatility settles. Going by the statistics and news, 2025 is shaping up to be a big year for Hedera.
