Hedera transaction volume rises 10x in Q4 2024: What’s driving it? – BitRss

• A look at why Hedera is destined to reap big from the growing global stablecoin market cap.
• HBAR ($0.33) sees limited downside, but weak bullish demand restricts upside.

Hedera [HBAR] is projected to be among the blockchain networks that could potentially benefit the most from stablecoin growth in the next three years.

The network is a strategic advantage that could allow it to tap in stablecoin-related opportunities.

Hedera’s on-chain activity grew considerably in Q4 2024, with TVL surging by more than $160 million.

There was also a notable uptick in daily on-chain volume, from less than $1 million in early October to a daily average of more than $10 million in December.