One Year After Open Access, Hedera Now Processes 1.5 Million Transactions Per Day, Surpassing Ethereum

Hedera saw dozens of applications go live with the network becoming openly accessible to the public a year ago, with new applications being launched regularly over the last twelve months. These enterprise-grade applications are delivering significant value in areas such as advertising tracking, healthcare and pharmaceuticals, supply chain management, data privacy, decentralized finance (DeFi) and other financial services, retail, media, and technology. These innovative applications utilizing Hedera's primary network services (Hedera Consensus Service and the cryptocurrency service) have driven meaningful transaction volume at an unprecedented rate for a public distributed network.