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Hedera (HBAR) is set to launch HIP-1056: Block Streams, an advanced blockchain format designed to enhance its network capabilities. This upgrade integrates all transaction outputs and state changes into a single, cryptographically verified stream, representing a major step forward for the platform. By unifying existing output streams into one format, Block Streams simplifies data access for developers and applications.
Hedera (HBAR) is showing awesome bullish chart! Will explode to 30% soon#HBAR #XRP #CryptoNews #AltcoinSeason #bullrun #Bitcoin pic.twitter.com/WRCrWK2UEq
— Upreti Deepak (@UpretiDeepak7) January 2, 2025
The inclusion of state data enables deeper insights, boosts efficiency, and streamlines integration processes, offering a more seamless experience for developers. This update empowers developers with better analytics tools and improved interaction with the network, strengthening Hedera’s appeal as a foundation for decentralized applications. The increased transparency and usability of this innovation are expected to drive further adoption and solidify Hedera’s market presence. This development highlights Hedera’s forward-thinking approach, reinforcing optimism for HBAR’s long-term growth potential.
Key Hedera Levels To Watch – January 1
HBARUSD consolidates after a strong bullish move, holding above the bullish order block. The consolidation suggests accumulation before a potential breakout.
A bullish break above $0.33920 could see prices targeting $0.39200 and $0.44920. The MACD (Moving Average Convergence Divergence) is near the zero line, hinting at a potential shift in momentum to the upside.
HBAR Key Levels
Resistance Levels: $0.33920, $0.39200, $0.44920
Support Levels: $0.23180, $0.17000, $0.09650
Hedera Metrics
Total Market Capitalization: $3.28T
Hedera Market Capitalization: $10.43B
Hedera Volume: $425.38M
Market Rank: #18
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