"Investors don't ask for much, just go up little by little."
Hedera powered by its own proprietary Hashgraph technology saw a significant jump in Total Value Locked (TVL)* valued at $127 billion.
*Measuring the total value of all assets locked into the DeFi protocol
The following positive things are likely to occur due to the increase in DeFi activity occurring on the Hedera network through Dex, for example Saucerswap and Heliswap.
After the third quarter, Hedera continuously saw signs of improvement while TVL including transfers and transaction count also increased by 123% and 70% in the last three months.
Hedera was also found to have received various benefits after launching several projects such as Zoop, Clout.art, Numbers & RoadCode and several other businesses.
Following the following developments, the HBAR cryptocurrency founded by Hedera managed to jump over 85% in the last 90 days and is now at $0.0868 in the last 24 hours with a market cap of $2 billion.
Please be informed that HBAR including the entire crypto market can see positive movements if the Federal Reserve (Fed) of the United States (US) adopts a more dovish stance and encouraging macroeconomic conditions.
However, the price of HBAR has the potential to climb high if Hedera announces the addition of the 28th member to their board of directors, where major companies that have already joined are Goole, Boeing, LG, IBM and Dell.
