Hedera (HBAR) Coin: Transaction Volume Increases, Positive for HBAR? 

Bittime - The global stablecoin market now has a capitalization exceeding $212 billion, with projected exponential growth to $2.8 trillion by 2028. Hedera (HBAR) is predicted to be one of the blockchains that will benefit from this trend, thanks to a strategic collaboration with Worldpay—a transaction processing platform for well-known financial institutions such as Mastercard, Visa, and Bank of America. 

The adoption of stablecoins in the mainstream financial sector has the potential to increase transaction flow on the Hedera network, strengthening its position in the crypto ecosystem.  

On-Chain Metrics Growth and Market Potential  

Hedera's network activity showed a significant increase in the fourth quarter of 2024. Total Value Locked (TVL) jumped $160 million, while average daily transaction volume rose from under $1 million in early October to $10 million in December.

Source:DefiLlama/AMBCrypto

While this figure is still below networks with billion-dollar TVLs, the growth reflects increased utility and user trust.  

Read too How to Buy Hedera (HBAR)

HBAR Price Dynamics and Market Signals  

After hitting a record high (ATH) on January 17, HBAR underwent a 21% correction, but managed to bounce back with a 13% rise from last week's low to $0.354 in the last 24 hours. Although derivatives volume fell to $345.17 million—the lowest since mid-January—Open Interest rose 4.65% to $421.59 million, indicating positive sentiment among traders.  

Source: Coinglass/AMBCrypto

In the spot segment, fund flows are starting to move into the positive area, although not yet significantly. The small decline in derivative Funding Rates suggests that buying pressure is still weak, but the lack of selling shows investors' tendency to hold on to assets (HODL).  

HBAR's Future Prospects  

1. Stablecoin Integration: The partnership with Worldpay opens the door to large-scale stablecoin transactions, which could boost Hedera's utility.  

2. Increased Adoption: A spike in TVL and transaction volume is an early indicator of increasing network adoption.  

3. Price Resilience: Post-correction HBAR recovery and stability of Hot Interest signal potential medium-term appreciation.  

Read too What is the Hedera ETP (HBAR)?

Conclusion

With this combination of fundamental and technical factors, Hedera has the opportunity to strengthen its position as a high-value blockchain, especially if it is able to optimally capitalize on the growth wave of stablecoins. Investors are advised to monitor developments in strategic collaboration and on-chain metrics as a reference for decisions.

FAQ

1. Why is Hedera (HBAR) associated with the growth of the global stablecoin market?  

Hedera collaborated with Worldpay—a transaction processing platform for large financial institutions such as Visa and Bank of America—to facilitate the adoption of stablecoins in the mainstream financial sector. This integration has the potential to increase transaction volume on the Hedera network as the stablecoin market is projected to grow to $2.8 trillion by 2028.  

2. What are the driving factors for HBAR price recovery after the 21% correction?  

HBAR's recovery was supported by an increase in Open Interest in the derivatives market (+4.65%) and positive trader sentiment. The lack of selling and the tendency to HODL is also a signal that investors remain confident in Hedera's long-term prospects.  

3. What are Hedera's future prospects?  

Hedera has the opportunity to grow through large-scale stablecoin integration, increased TVL ($160 million in Q4 2024), and daily transaction volume that jumps 10x. The key factors are optimizing strategic collaborations (such as Worldpay) and capitalizing on the stablecoin adoption trend in the financial sector.

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Reference

Michael Nderitu, Hedera transaction volume rises 10x in Q4 2024: What’s driving it?, Accessed January 27, 2025

Author: IN