Hedera’s on-chain activity has recovered noticeably in recent sessions. Network performance data reflected a steady increase in usage, suggesting growing traction beyond short-term market fluctuations.
The token’s price action responded to this increase in activity, with HBAR posting a 4% daily gain.
On the testnet, transactions per second recently rose to 44, according to the most recent data. Meanwhile, mainnet transactions per second hit 100 just three days earlier.
Together, these developments pointed towards increased developer testing and the early stages of decentralized finance activity taking shape across Hedera. [HBAR] grid.
New accounts and transactions rise
In addition to the increase in transactions per second, Hedera witnessed a notable increase in new account creations.
In the last 24 hours, the number of new accounts increased significantly. In fact, Daily Trend data showed that total new accounts increased to 2,620, a 72.9% increase from the previous count of 1,515.
Font Hgraph
More importantly, transactions linked to these newly created accounts also increased. That suggested that new users were actively interacting with the network, rather than simply joining and remaining inactive.
The number of headlines and the TVL support the trend
Longer-term indicators continued to trend in the same direction.
The total number of HBAR holders has increased steadily over time and stood at approximately 4.6 million at the last reading.
Source: Token Terminal
At the same time, Daily Network’s TVL increased by 2% in a single day, reaching $67.1 million. The previous reading was close to $65.8 million.
These moves suggested that capital continued to gradually flow into Hedera-based applications, reinforcing the broader increase in on-chain participation.
Source: Hgraph
Price Action Reflects Improving Sentiment
HBAR also emerged as one of the notable gainers of the day after recording a moderate 4% price rise.
That move aligned with the improvement seen in on-chain usage metrics and the expansion of network participation.
While short-term price movements may remain uneven, the underlying data pointed more toward organic growth than speculative spikes. Usage activity, number of headlines and TVL have all increased together.
Even though the Stochastic RSI entered overbought territory, sustained momentum could still be important. If HBAR manages a clean break above the $0.1161 resistance level, the next bullish test could lie near $0.1452.
Source: TradingView
Final thoughts
- Recent data from Hedera suggested that usage growth, rather than short-term speculation, fueled its latest push.
- If activity continues to translate into sustained engagement, price reactions may follow more organically.
