Expanding our capabilities to bring users more value.
DappRadar added tracking capabilities for total value locked (TVL) on DeFi dapps on Hedera and NFT collections to our NFT rankings page. This helps users gain a better understanding of the DeFi landscape on the Hedera Network and provides them insights into the performance of the hottest NFT collections on Hedera.
Hedera is not a typical network and it’s not technically a blockchain. It’s easiest to imagine it as a moving graph, whereby the speed of transactions goes up as more transactions are added to the network.
This technology helps Hedera to achieve more than 100,000 transactions per second, making it a true competitor to Visa and other mass-market payment systems. The Hedera Network currently performs 6.5 million transactions per day with an average transaction time of 5 seconds.