Recently, Hedera upgraded its mainnet to v0.69. Hedera is a preferred coin for top enterprises. In the past, there was little recognition of this coin, but it is known that cryptocurrency ETFs have launched, aside from the leading BTC and ETH, the next are mainstream L1s SOL and XRP, then the older coins LTC and DOGE that have gone through several bull and bear cycles, followed by $HBAR ETFs. Looking around, the others are all in the top 10 tokens, and even the top 10 do not yet have dedicated spot ETFs for TRX and ADA. From this perspective, it is clear how high the corporate preference for HBAR is.
Hedera is a public decentralized ledger that achieves fast and low-cost transactions using Hashgraph consensus. Its core services include smart contracts, consensus, and tokenization, laying the foundation for applications in finance, sustainability, and other industries. With governance led by global enterprises and supported by open-source development, Hedera offers different ways to build DApps.
It seems like a very straightforward introduction, but the key point is that it is enterprise-led. A decentralized structure is a type of technology; as long as different nodes are operated, it can be a decentralized structure. The operators of decentralized nodes can be individual miners or enterprises. In the early stages, Google joined the Hedera Hashgraph Governing Council, followed by Dell Technologies joining the Hedera Governing Council to explore decentralized storage solutions and promote the adoption of enterprise blockchain. Hedera adopts institutional governance and operates through an authorization model, with council members responsible for managing network nodes and approving technological updates.
These leading enterprises have extremely strong fundamentals.
Often what companies want is not to make money, nor is it to speculate on coin prices. The main source of revenue comes from the transaction fees developed, and the original transaction fee was extremely cheap at only a fixed $0.0001. This upgrade raises the transaction fee of ConsensusSubmitMessage from $0.0001 to $0.0008, which seems like a major benefit, but the transaction fees are primarily returned to the node operators. The staking rewards that holders receive are expected to have an annualized yield (APY) of about 2.50%.
This is not a burning mechanism like ETH, but a transfer mechanism. The more people use ETH's burning mechanism > the higher the transaction fee > the more burned. When the overall burning exceeds the rewards, it will reflect on the coin price, but HBAR's transfer mechanism means that the more people use it, the transaction fees are returned to operating nodes. The overall amount of coins in the transfer mechanism does not decrease, and the impact on the coin price is minimal; it can only rely on new corporate demand to purchase coins to maintain the price.
Regarding coin prices, perhaps HBAR is not a stimulating investment target. The opportunity for a hundredfold increase is slim, but in terms of longevity, it might be a very long-lasting coin, after all, these companies can sustain themselves better than individual investors. While getting rich overnight may not be possible, the chance of weathering bull and bear markets might be greater.
#Not investment advice
