BitGo Highlights Hedera's 7 Million Account Milestone
Hedera (HBAR)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that BitGo has noted Hedera, an open-source Level 1 blockchain, has surpassed 7 million accounts. This milestone highlights the network's ability to process 10,000 transactions per second, demonstrating its scalability. The growth reflects increasing adoption and trust in the network’s infrastructure, which could attract more users and businesses.
Hedera’s governance council is composed of major global enterprises that lend credibility to its operations. BitGo emphasizes its secure multi-signature wallets and advanced policy controls as infrastructure supporting this rapid adoption. This partnership is likely to bolster customer trust and expand Hedera’s reach in the competitive blockchain landscape.
Despite a lack of specific price movements, the increase in accounts indicates a positive trend in user engagement. The broader market context features fluctuating asset performances, highlighting Hedera’s relative stability. As more users join, it could lead to increased transaction volume and enhanced liquidity moving forward.
How the market reacted
Whalio's own Binance spot order flow for HBAR, measured when this story was written up on 29 August 2026. Not the outlet's figures.
HBAR is trading at $0.07609 with a 24-hour buy ratio of 57.2%, indicating that buyers are controlling the majority of volume over the day. Short-term pressure is even stronger, with the 1-hour buy ratio at 53.9% and the 4-hour ratio at 58.4%, suggesting that buying intensity is holding steady rather than fading. The 24-hour volume delta is positive at $1,856,905, meaning more money flowed into buys than sells during this period. This net inflow is supported by a cumulative volume delta of $1,936,672 at the 24-hour close. Over the last hour, the volume delta was positive by $6,026, while the 4-hour delta reached $134,315, showing consistent accumulation across these timeframes. Buyers have been in control for 16 out of the last 24 hours, driving a total spot volume of $13,127,921.
The latest daily buy ratio of 53.0% sits at the 93rd percentile of the last 281 days, against a median of 48.8% - among the strongest buying days it has had.
Twenty-four hours later
What HBAR did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for HBAR, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.0%, making today’s 24-hour ratio of 57.2% an unusual day with 8.2 points higher buying pressure. However, the 24-hour spot volume of $13,127,921 is only 0.81 times the weekly average, indicating lower-than-usual activity volume. While buying pressure is elevated compared to the weekly norm, the total volume delta for the 8-day period was negative at -$31,215. This contrasts with the strong positive delta seen in the last 24 hours, suggesting the recent buying is a short-term deviation from the week's broader trend. The price has declined 4.7% over the 8-day period, with net buying occurring on only 3 of the 7 days.