📊 $HBAR #Messari . State of Hedera Q2 2024:

▪️ In Q2, Hedera experienced QoQ growth across many key metrics, including revenue in USD (+26%), revenue in HBAR (+19%), average daily transactions (+46%), and average daily created accounts (+31%);

▪️ HBAR’s circulating market cap decreased 29% QoQ to $2.7 billion;

▪️ Announced in May, the HBAR Foundation launched a DeFi TVL growth initiative. As a part of this initiative, 100 million HBAR was allocated to Hedera’s onchain #DEFİ economy;

▪️ Archax, a digital asset exchange protocol that utilizes Hedera, tokenized shares of the #BlackRock⁩ ICS U.S. Treasury Fund.