Hedera (HBAR) Update: 20 Billion Transactions

Despite mass uncertainty in the cryptocurrency markets, the Hedera network has reached another activity-based milestone, surpassing some 20 billion cumulative transactions on its mainnet, as reported by the project’s official x (Twitter) account.

Hedera further highlights that, though it took around 6.5 years to reach the first 10 billion transaction mark, it only took 100 days to add a further 10 billion.

Indeed, Hedera’s mainnet only broke past the 18 and 19 billion transactional milestones in recent days.

Hederatxns.com is the go-to platform for tracking the number of Hedera transactions in real-time and, at time of writing, it shows the network to be more than 36 million transactions north of 20 billion.

Hedera’s recent updates have seen automobile giants, Kia and Hyundai, launch a CO2 emissions tracking platform using the network’s architecture, the appointment of a former White House advisor, and the integration of a Hedera-based application into the Federal Reserve’s FedNow application.