Bittime - Hedera Hashgraph (HBAR) recorded tremendous growth throughout 2024.
Here is a recap of Hedera Hashgraph (HBAR) Q1-Q4 2024. Read this article to find out more!
Hedera Hashgraph (HBAR) Q1 2024 Recap
Hedera Hashgraph (HBAR) Q1 2024 Recap, Hedera emphasizes the importance of user experience to drive wider adoption. This includes improving wallet infrastructure and ease of conversion between fiat and crypto.
Not only that, developer experience is also a concern, with the Hedera Governing Council initiating various tools and infrastructure that facilitate interaction in the Hedera ecosystem.
Additionally, liquidity expansion is a top priority. Hedera is working to increase the amount of USDC on the network through new incentive models, improved EVM compatibility, and additional bridging options.
Also Read: Hedera (HBAR) Price Analysis in Early December
Hedera Hashgraph (HBAR) Q2 2024 Recap
In Q2 2024, Hedera demonstrated its commitment to DeFi development , launching a $408 million grant program to support projects in the areas of DeFi, sustainability, and institutional adoption.
One of the highlights of the Hedera Hashgraph (HBAR) Q2 2024 Recap is the SaucerSwap roadmap which will introduce comprehensive DeFi products, governance systems, and enhanced interoperability.
This move strengthens liquidity and facilitates cross-network asset transfers, while improving user experience.
Also Read: HBAR Price Prediction End of 2024: Can it Reach $0.5?
Hedera Hashgraph (HBAR) Q3 2024 Recap
Hedera Hashgraph (HBAR) Q3 2024 Recap marks Hedera’s foray into RWA tokenization. The launch of Asset Tokenization Studio (ATS) is an enterprise-grade solution for asset digitization, simplifying the tokenization process.
Through ATS, high-value assets such as real estate, bonds, and equities become more accessible and tradable.
ATS also supports interoperability with Ethereum standards such as ERC-1400, facilitating integration with wallets such as MetaMask and Blade Wallet.
Also Read: 3 Ways to Connect Hedera to MetaMask Wallet
Hedera Hashgraph (HBAR) Q4 2024 Recap
Hedera Hashgraph (HBAR) Recap Q4 2024, Hedera continues to strengthen its position with various technology initiatives such as the following.
1. Oracle Integration: Hedera partners with Chainlink, Pyth, and Supra to provide secure off-chain data for smart contracts.
2. Hedera Wallet Snap: The launch of Hedera Wallet Snap enables the integration of Hedera with MetaMask, providing broader access for users and developers.
3. NFT Studio: This platform offers a complete tool to create, manage, and distribute NFTs easily.
4. Frictionless Airdrop Feature: Simplifies token distribution without hidden fees, giving full control to recipients.
That's the recap of Hedera Hashgraph (HBAR) Q1-Q4 2024. Looking at the developments this year, Hedera seems ready to welcome 2025 with high optimism.
Also Read: Hedera (HBAR) Price Prediction 2025 and Long Term
Hedera FAQ (HBAR)
What is Hedera (HBAR)?
Hedera is a platform that uses a unique "hashgraph" technology to power DApps. Hedera's native token, HBAR, is used to pay for transactions on the network and maintain security through a staking mechanism.
What are the advantages of Hedera (HBAR) compared to other blockchains?
Hedera offers high transaction speeds, low fees, and much better energy efficiency than other blockchains. Hedera also has strong governance through a global member council that includes major companies such as Google and IBM.
How to Buy Hedera (HBAR)?
Hedera (HBAR) can be purchased through various exchange platforms such as Bittime, simply by visiting the trade page on the official Bittime website.
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Reference
Vishal Dixit, Ben Jochem, [Recap] Hedera Q1 2024 State of the Ecosystem , accessed December 24, 2024.
Al-Muthanna Atieh, [Recap] Hedera Q2 State of the Ecosystem , accessed 23 December 2024.
Bhushan Akolkar, Hedera Q3 2024 Overview: Unlocking Wealth With Tokenization Solutions in RWA Markets , accessed December 23, 2024.
Michiel Mulders, Hedera Developer Highlights December 2024 , accessed December 23, 2024.
Author: IPR
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