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Coinglass data shows an increase in open interest for HBAR, indicating a bullish trend with more short and long positions.
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A week ago, Hedera (HBAR) faced volatility due to false news about BlackRock tokenizing assets on the platform.
The Hedera (HBAR) crypto is rebounding along with the broader crypto market and has shown significant upside in recent sessions. Moreover, according to the tweet on the X platform from HBAR Foundation, the Hedera network has officially processed over 50 billion mainnet transactions since its launch.
In the tweet, they thanked their ever-growing community of enterprises, developers, and HBAR users, and they said that this community has made Hedera’s momentous achievement a reality.
The #Hedera network has officially processed over 50 billion mainnet transactions since its launch.
As always, a huge thank you to our incredible, ever-growing community of enterprises, developers, and users who have made this m
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