Hedera is a strong competitor in the DeFi space as it boasts some of the best metrics in the industry. According to recent analysis, the ecosystem hit 5,500 transactions per second. TPS is used to compare DeFi projects from each other. So far, Hedera beats Ethereum in terms of average transactions per second.
The realm of NFTs is also expanding for the Hedera Hashgraph ecosystem. Just last year, the network scored a partnership with LG for their Art Lab, the company’s foray into the metaverse.
With a complete and detailed roadmap for development, HBAR’s price upticks might be a continuous wave for the ecosystem to ride on.
5,500+ MAX TPS has been hit
Wow, the BEAST has woke up $HBAR will shock the world