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Hedera Network Sees Growth Amid UK Digital Markets Push

Hedera's transaction volume and TVL rise as it joins the UK's digital markets initiative, despite recent price declines.

Hedera's transaction volume and TVL rise as it joins the UK's digital markets initiative, despite recent price declines. Hedera (HBAR) is trading at $0.0827, down 0.4% since this brief published. This is an original TLT brief based on reporting by Blockonomi, with live market data added, as of Sat, 17 Oct 2026 13:00:03 UTC.

Why it matters

Hedera's integration into the UK's digital markets framework could enhance its adoption and credibility, while its rising transaction volume and TVL indicate growing network activity.

Key takeaways
  • Hedera's transactions per second rose 168.37% in 30 days.
  • Total value locked increased by 12.3% to $33.2 million.
  • HBAR price fell 4.30% in 24 hours to $0.083037.
  • Network joins UK Wholesale Digital Markets Champion initiative.

Hedera has experienced notable growth in network activity, with transactions per second rising by 168.37% over the past 30 days. This increase in transaction volume suggests a strengthening of the network's utility and adoption.

The total value locked (TVL) on the Hedera network has also seen a positive trend, increasing by 12.3% to reach $33.2 million. This rise in TVL indicates growing interest and investment in the network's ecosystem.

Despite these gains, the HBAR token has faced recent price declines. On October 17, HBAR traded near $0.0836, marking a 2.7% drop in 24 hours and a 9.5% decrease over the week, although it retains a 14.9% gain for the month.

Hedera's integration into the UK Wholesale Digital Markets Champion initiative could enhance its credibility and adoption in the digital markets space. This move aligns with the network's strategic efforts to expand its presence and influence in key markets.

In the broader market context, the total crypto market cap stands at $2.81 trillion, with Bitcoin down 1.13% in the last 24 hours. The Fear & Greed Index is at 55, indicating a state of 'Greed' among investors.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Hedera (HBAR) has moved from $0.083 to $0.0827 — -0.40%.

$0.0827$0.0828$0.0829$0.083$0.0831 published · $0.083 now · $0.0827 (-0.40%) Oct 17 10:19 UTC Oct 17 13:00 UTC
BeforeSince publishPublished · $0.083

The chart plots HBAR's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 HBAR ≈ ₦112.79 (about $0.0827), down 4.6% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

HBAR
#32
$0.0827 ▼ 4.56%
-0.40% since this brief published
7d -9.90%MCap $3.64BFull HBAR data →
The market when this published · October 17, 2026
Total market cap$2.81T
Bitcoin 24h-1.13%
Ethereum 24h-1.63%
BTC dominance58.4%
Fear & Greed55 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.

Bitcoin DeFi TVL$4.36BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Hedera Network Sees Growth Amid UK Digital Markets Push — questions & answers

What is Hedera's total value locked (TVL) growth?

Hedera's TVL increased by 12.3% to $33.2 million.

How has HBAR's price performed recently?

HBAR fell 4.30% in 24 hours to $0.083037, with a 9.5% weekly decline.

What is the significance of Hedera joining the UK digital markets initiative?

It could enhance Hedera's adoption and credibility in the digital markets space.

How much is 1 Hedera worth in naira today?

About ₦112.79 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0827. The naira price moves with both HBAR's US-dollar price and the USDT/NGN rate; use our Hedera in naira page for any amount.

Has Hedera's price moved since this brief was published?

HBAR is down 0.40% since this brief first published — trading at $0.0827 now versus $0.083 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 17, 2026 ⛓ Timestamped at Bitcoin block #971,856 sha256:1a2626c2936a7e30
Based on reporting by Blockonomi — this is an original TLT summary with live market data, not the original article.Blockonomi · Oct 17 10:19 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.