HBAR Market Cap Jumps 43% in Q3 2025 as Hedera Ecosystem Expands
In Q3 2025, Hedera's HBAR token saw a 43% surge in market capitalization, reaching $9.1 billion, coupled with a 43.2% increase in token price to $0.21. The DeFi ecosystem grew significantly, with total value locked (TVL) rising 53.4% to $113.5 million and decentralized exchange volumes nearly doubling. Network activity expanded, evidenced by a 15.8% increase in daily active accounts and a 178% growth in new account creation. Hedera was also selected by the Wyoming Stable Token Commission for the Frontier Stable Token project, gaining traction in compliance-ready and regulated digital assets. Additionally, SALT, a South Korean trading app, launched on Hedera to bolster DeFi and MemeFi activity in Asia-Pacific. Network upgrades enhanced scalability, developer tools, and fee optimization, while staking participation reached 15.9 billion HBAR. Hedera is emerging as a leader in enterprise-grade DeFi and institutional tokenization, positioning itself as one of the most robust public ledgers for future growth.
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HBAR’s Q3 2025 Market Momentum
HBAR’s market capitalization surged by 43% in Q3 2025, reaching $9.1 billion, while its token price climbed 43.2% to $0.21. This growth underscores the increasing confidence in Hedera’s ecosystem. The positive momentum reflects not only price appreciation but also a stable circulating supply of 42.4 billion HBAR, ensuring a solid foundation for valuation growth.
DeFi Ecosystem Growth
Hedera’s DeFi ecosystem experienced remarkable expansion in Q3, with the total value locked (TVL) rising 53.4% to $113.5 million. Decentralized exchange (DEX) volumes nearly doubled, driven mainly by SaucerSwap, which accounted for over two-thirds of the liquidity. Furthermore, average daily transactions remained steady at 575,000, reflecting consistent activity across the network's core services.
Surging Network Activity
Network activity saw significant gains as daily active accounts increased by 15.8%, and new account creation skyrocketed by 178%, signaling expanding user engagement. Transaction fees rose by 3.2% in HBAR terms and 39.2% in dollar terms, benefiting from the higher token prices. Additionally, Hedera’s Smart Contract Service remained the top revenue generator, contributing nearly half of the total network income.
Expanding Ecosystem and Strategic Partnerships
Hedera's influence grew beyond performance metrics. The Wyoming Stable Token Commission selected Hedera as a candidate for the groundbreaking Frontier Stable Token (FRNT) project, making it the only additional blockchain considered for the first U.S. state-issued stable token. This recognition highlights Hedera’s focus on compliance-ready infrastructure and suitability for regulated digital assets. Moreover, SALT, a South Korean trading application, launched on Hedera, enabling DeFi and MemeFi activities, expanding its footprint in the Asia-Pacific region.
Network Upgrades and Future Transition
Throughout Q3, Hedera introduced significant network upgrades with versions v0.63, v0.64, and v0.65, which enhanced scalability, developer tooling, and fee optimization. These upgrades align with Hedera’s roadmap to transition from a permissioned model to a fully permissionless validator network, reinforcing its commitment to a decentralized future and attracting further adoption.
Rising Staking Participation and Ecosystem Outlook
Staking participation grew to 15.9 billion HBAR, underlining an active and committed community. With accelerating ecosystem adoption and ongoing advancements, Hedera is emerging as one of the most robust public ledgers available. If the current growth trends persist, HBAR is well-positioned to become the preferred layer for enterprise-grade DeFi and institutional tokenization initiatives heading into 2026.