One Year After Open Access, Hedera Now Processes 1.5 Million… | Hedera Hedera Network Services Token Service Mint and configure tokens and accounts. Consensus Service Verifiable timestamps and ordering of events. Smart Contracts Run Solidity smart contracts. HBAR The Hedera network's native cryptocurrency. Insights How It Works Learn about Hedera from end to end. Explorers View live and historical data on Hedera. Dashboards Analyze network activity and metrics. Network Nodes Understand networks and node types. Devs Start Building Get Started Learn core concepts and build the future. Documentation Review the API and build using your favorite language. Developer Resources Integrations Plugins and microservices for Hedera. Fee Estimator Understand and estimate transaction costs. Open Source Hedera is committed to open, transparent code. Learning Center Learn about web3 and blockchain technologies. Grants Grants & accelerators for your project. Bounties Find bugs. Submit a report. Earn rewards. Ecosystem ECOSYSTEM Hedera Ecosystem Applications, developer tools, network explorers, and more. NFT Ecosystem Metrics Analyze on-chain and market NFT ecosystem metrics. CATEGORIES Web3 Applications Connect into the innovative startups decentralizing the web on Hedera. Enterprise Applications Learn about the Fortune 500 companies decentralizing the web on Hedera. Wallets & Custodians Create a Hedera account to manage HBAR, fungible tokens, and NFTs. Network Explorers Hedera mainnet and testnet graphical network explorers. Developer Tooling Third-party APIs, integrations, and plugins to build apps on Hedera. Grants & Accelerators Boost your project with support from the Hedera ecosystem. Partner Program Explore our partners to bring your vision into reality. Hedera Council Over 30 highly diversified organizations govern Hedera. Use Cases Hedera Solutions Asset Tokenization Studio Open source toolkit for tokenizing assets securely. Stablecoin Studio All-in-one toolkit for stablecoin solutions. Hedera Guardian Auditable carbon markets and traceability. Functional Use Cases Data Integrity & AI Reliable, secure, and ethically governed insights. Sustainability Enabling fair carbon markets with trust. Real-World Asset Tokenization Seamless tokenization of real-world assets and digital at scale. Consumer Engagement & Loyalty Mint, distribute, and redeem loyalty rewards. Decentralized Identity Maintain the lifecycle of credentials. Decentralized Logs Scalable, real-time timestamped events. DeFi Dapps built for the next-generation of finance. NFTs Low, fixed fees. Immutable royalties. Payments Scalable, real-time, and affordable crypto-payments. HBAR Overview Learn about Hedera's token, HBAR. Treasury Management Hedera’s report of the HBAR supply. Governance Decentralized Governance Hedera Council See the world's leading organizations that own Hedera. About Meet Hedera's Board of Directors and team. Journey Watch Hedera's journey to build an empowered digital future for all. Transparent Governance Public Policy Hedera's mission is to inform policy and regulation that impact the industry. Meeting Minutes Immutably recorded on Hedera. Roadmap Follow Hedera's roadmap in its journey to build the future. Resources Company What's New Partners Papers Careers Media Blog Technical Press Podcast Community Events Meetups Store Brand Navigation QUICKSTART One Year After Open Access, Hedera Now Processes 1.5 Million Transactions Per Day, Surpassing Ethereum news Sep 16, 2020 by Hedera Team Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy. Use Cases in Advertising, Healthcare and Pharma and More Driving Average of 750K Daily Transactions Over the Past Year and 1.5M Daily Transactions Over Past Month; Hedera Unveils Roadmap Dallas, TX – September 16, 2020 - Hedera Hashgraph, an enterprise-grade distributed ledger platform, announced significant milestones achieved during the first year since Open Access of the network on September 16th, 2019. Applications Driving Meaningful Transaction Volume 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. During its first year as a publicly available distributed network, Hedera averaged approximately 750,000 transactions per day, almost the same as the Ethereum network over the past year. In addition, this is approximately 18x the number of transactions the Ethereum network did (30-40,000 transactions per day) during its first year as a publicly available network. Over the past month, the Hedera Hashgraph network processed an average of 1.5 million transactions per day, almost double that of the Ethereum network. Unlike other public decentralized networks, the Hedera Hashgraph network fees do not fluctuate significantly as network utilization grows. The Hedera Hashgraph transaction fees are set in fiat (USD), but paid in HBAR, and the exchange rate between fiat and HBAR is aggregated from multiple sources and updated regularly to reflect current market rates. This structure eliminates spikes in network fees and enables developers to predict and control their planned spending in order to successfully build and run applications on the platform. Rapidly Expanding Ecosystem: On-Ramp Partners, Systems Integrators, and Standards Over the past year, a broad set of providers has also added Hedera’s cryptocurrency, HBAR, to their ecosystems, enabling greater access for developers and others who wish to utilize the cryptocurrency for network activity. Today, 47 on-ramps -- including exchanges, software and hardware wallets, OTC desks, and those that provide the infrastructure to purchase HBAR, but don't enable purchases directly -- have added HBAR to their list of supported cryptocurrencies. A more extensive list of wallets, exchanges, and on-ramps can be found at www.hedera.com/buying-guide. In addition, systems integrators, including four of the top ten global system integrators - including Wipro Limited, who also joined the Hedera Governing Council - and trust2core (T-Systems International), LaunchBadge, LimeChain, Luther Systems, Rejolut, Swisscom Blockchain, TxMQ and Unibright, have completed or are actively developing projects, including with enterprises and other organizations building applications on the Hedera network. And during the past year, Hedera continued to contribute to industry standards that elevate the usability and interoperability of the distributed ledger ecosystem. Hedera was a founding member of the InterWork Alliance, a non-profit dedicated to establishing a standards framework for the tokenization of assets, and joined W3C as a member organization, registering the standards-based Hedera DID Methodto the W3C Credentials Community Group’s Decentralized Identifier (DID) registry. Governing Council Over the past year, Hedera has added six of the world’s leading enterprises and educational institutions to the Hedera Governing Council, including Avery Dennison, Google, LG, University College London (UCL), Wipro, and Zain Group. They join Boeing, Deutsche Telekom, DLA Piper, FIS (Worldpay), IBM, Magalu, Nomura, Swirlds (developer of the hashgraph algorithm), and Tata Communications in governing the direction of the Hedera Hashgraph network. Roadmap Today, Hedera has also published its roadmap for the year, which includes state proofs, mirror nodes, and additional ecosystem integrations. Details can be found at www.hedera.com/roadmap. “We are thankful to the Hedera community as we complete year one of our 100-year journey,” said Leemon Baird, co-founder and Chief Scientist of Hedera. “None of this would be possible without our committed developers, advocates, ecosystem partners, and Council members. We make it our mission to enable you, as simply and efficiently as possible, to leverage Hedera Hashgraph as the trust layer of the internet. While there is much work to be done, we are proud of what this community has accomplished in just a mere 365 days, and are excited to build on this growth in the year to come.” ### About Hedera Hedera Hashgraph is a decentralized public network on which developers can build secure, fair applications with near real-time finality. Hedera is owned and governed by a council of the world's leading organizations, including Avery Dennison, Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group. For more information, visit www.hedera.com, or follow us on Twitter at @hashgraph, Telegram at t.me/hederahashgraph, or Discord at www.hedera.com/discord, or download the Hedera whitepaper at www.hedera.com/papers. For Media Enquiries Zenobia Godschalk E: [email protected] Emily Kielthy Wachsman E: [email protected] T: +353 87 097 2754 Share This Back to blog What is gRPC, gRPC-Web, and Proxies? Ed Marquez Pragmatic Blockchain Design Patterns – Integrating Blockchain into Business Processes Michiel Mulders Zero Cost EthereumTransaction on Success: Hedera's New Fee Model for Relay Operators Oliver Thorn Hedera Adopts Chainlink Standard for Cross-Chain Interoperability To Accelerate Ecosystem Adoption Hedera Team Hedera Developer Highlights March 2025 Michiel Mulders Hedera Release Cycle Overview Ed Marquez View All Posts Sign up for the newsletter CONNECT WITH US Transparency Open Source Audits & Standards Sustainability Commitment Carbon Offsets Governance Hedera Council Public Policy Treasury Management Meeting Minutes LLC Agreement Node Requirements Community Events Meetups HBAR Telegram Developer Discord Twitter Community Support FAQ Network Status Developer Discord StackOverflow Brand Brand Guidelines Built on Hedera Logo Hedera Store About Team Partners Journey Roadmap Careers Contact General Inquiry Public Relations © 2018-2025 Hedera Hashgraph, LLC. All trademarks and company names are the property of their respective owners. All rights in the Deutsche Telekom mark are protected by Deutsche Telekom AG. All rights reserved. Hedera uses the third party marks with permission. Terms of Use  |  Privacy Policy