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Hedera’s Q3 defies crypto market downturn

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Public-permissioned Proof-of-Stake (PoS) blockchain network Hedera Network [HBAR] witnessed significant ecosystem growth in the...

A significant growth recorded within the Hedera ecosystem during the quarter under review was an uptick in its native coin’s market capitalization.

HBAR, on the other hand, diverged and recorded an 8% growth in its circulating market capitalization. Likewise, its fully diluted market capitalization rose by 3% to reach $2.5 billion by the close of September., at press time, Hedera ranked as the 31st largest crypto protocol based on the market capitalization of its native token.

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