Hedera’s TVL shows growth, but there’s more than meets the eye

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Hedera’s TVL showed growth. However, its development activity declined along with its NFT trade volume On 27 November, Messari, a crypto analytics firm, tweeted that Hedera’s TVL had grown by 171% over the last quarter. The majority of Hedera’s spike in TVL was driven by SaucerSwap, a decentralized exchange on the Hedera network. .@Hedera ended Q3 […]

The decreasing volume of NFTs could signal a decline in interest in Hedera from the NFT community.. Hedera’s volatility observed a massive spike over the last few weeks. Thus, suggesting that it was risky for traders to buy HBAR, at press time.That said, at the time of writing, HBAR was trading at $0.049. Its price had declined by 16.90% in the

. However, despite the drop, Hedera still increased its market cap dominance and captured 0.14% of the overall crypto market, at press time.Subscribe to get it daily in your inbox.

 

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