Hedera (HBAR) Network Activity Surges Amid Mixed Market Sentiment
Hedera's native token HBAR has recently gained notable momentum, rising approximately 4% as on-chain activity across the network hit significant new highs. Hedera's mainnet has achieved a throughput of 100 transactions per second (TPS), while the testnet reached 44 TPS, reflecting a meaningful increase in network capacity and usage.
Network Growth Indicators
In the past 24 hours, the number of new accounts on the Hedera network jumped by 72.9%, reaching approximately 2,620, with transaction activity associated with these new accounts also increasing, indicating that these users are actively engaging with the network.
Hedera network activity surged with increased stablecoin supply and futures open interest, while a U.S. Department of Transportation official filed a patent for a road-use charging system compatible with Hedera's distributed ledger.
Enterprise Adoption Continues
FedEx Corp. has joined the Hedera Governing Council, operating a network node and contributing to governance alongside members like Google and IBM, with the company aiming to leverage Hedera's distributed ledger technology to digitize and optimize global supply chains.
Technical Development Progress
Testnet v0.70.0 Upgrade (5 February 2026) enhances smart contract automation and developer tooling for future mainnet features. Hedera DevDay 2026 (17 February 2026) was a full-day event for builders featuring technical sessions and ecosystem updates.
Price Action and Market Sentiment
The latest HBAR price is $0.0992, with a -3% decrease compared to Hedera's value of $0.10 from 24 hours ago, while the current price is -1% down from $0.10 which was recorded one week ago.
Hedera trades at $0.0967 after sliding 7.76% today, facing ongoing seller pressure and high volatility amid network activity.
Ecosystem Challenges
Despite positive network metrics, Hedera's Total Value Locked (TVL) in DeFi has fallen to around $58 million, and its stablecoin supply has dropped sharply from over $300 million.
Hedera plans 800% ConsensusSubmitMessage fee hike in 2026, raising cost to $0.0008, while on-chain and derivatives data show bearish HBAR sentiment with dominant short positioning.