Will The Decline Of Account Growth Have An Adverse Effect On HBAR Price?
The post Will The Decline Of Account Growth Have An Adverse Effect On HBAR Price? appeared on BitcoinEthereumNews.com.
Hedera Hashgraph is a distributed ledger technology which promises faster transactions,greater security, and lower fees as compared to other blockchains. Hedera Hashgraph is based on the POS model which is believed to increase the efficiency of the transaction. Unlike most of the the other crypto currency platforms Hedera Hashgraph is built on the completely novel type of distributed ledger technology known as a Hashgraph. The Hedera codebase and the ecosystem standards are open source and contributed by the community through Hedera Improvement Proposals. Is 24.84% Growth Of Smart Contracts Enough For The Hedera Hashgraph? Hedera enables seamless tokenization of the Real World Assets while offering unmatched security and performance as compared to others.Hedera empowers efficient creation of diverse asset types while unlocking value in illiquid assets. Hedera Hashgraph has over 5,663,575 accounts created on the mainnet. The average cost per transaction on the network is around $0.0001. Source: Accountgrowth by Metrika Hedera Hashgraph has observed a total of 10.34 Billion transactions with the average TPS of 1.34k with a maximum TPS of 6957. Meanwhile, HTS non fungible tokens has observed a decline and has reached 324,452. The number of active accounts created on the platform has declined heavily. The number of active accounts created on the platform is 1.12 Million with 800k active accounts. Hedera Hashgraph has observed 5,609,233 NFT minted on the mainnet. There are a total of 5,527,421 NFT transfers done on the Hedera Network. The royalty Fee and the transfer fee is lowest among others. Let’s have a look towards the price action scenario of the HBAR HBAR Bulls Aiming For $0.3? Ritika_TCR on TradingView.com At press time, HBAR had a market cap of $4.04 Billion, ranked 27th on CMC. The overall volume of the asset price declined 36% in the past 24 hours. Hedera token price…
Filed under: News - @ May 22, 2024 6:24 pm