HBAR Advances 4% as Company Hedera Network Activity Surges, Testing $0.118 Resistance

Company Hedera has seen a notable uptick in network metrics that coincides with a 4% price advance for HBAR. The surge in on-chain activity — including testnet throughput reaching 44 TPS, mainnet hitting a reported 100 TPS, a jump of 72.9% in new accounts to 2,620, and a rising TVL to $67.1 million — points to tangible usage growth and increased developer testing. These figures are accompanied by a holder base of approximately 4.6 million, suggesting that interest from retail and institutional participants remains intact.

Market context: The immediate price action shows HBAR pushing against the short-term resistance level at $0.118. From a technical perspective, the 4% advance reflects positive momentum, but traders should note that the move is testing a zone that previously capped upside attempts. If HBAR can close decisively above $0.118, it could validate a breakout scenario and open room for further gains. Conversely, failure to breach this resistance could lead to a retest of nearby support levels, where volume and on-chain metrics will be crucial to monitor for signs of sustained demand.

On-chain indicators and fundamentals: The increase in testnet throughput to 44 TPS and mainnet reporting 100 TPS are meaningful from a network capacity standpoint. Higher transactions-per-second metrics often precede real-world application rollouts or stress testing by developers. The 72.9% surge in new accounts (to 2,620) signals renewed user acquisition, while the Total Value Locked (TVL) rising to $67.1M indicates growing capital committed to the ecosystem. Together with a broad holder count of 4.6 million, these metrics support a narrative of organic on-chain growth rather than purely speculative price movement.

Trading considerations: For analysts and traders, the immediate setup suggests two primary scenarios. In a bullish case, a clean breakout above $0.118 on increasing volume and stronger TVL inflows could encourage momentum traders and longer-term buyers to accumulate, testing higher resistance bands and psychological price levels. In a bearish or neutral case, rejection at $0.118 would likely prompt short-term profit-taking and a potential pullback to support areas, where the health of network metrics — new accounts, TPS, TVL — will determine recovery prospects.

Risk and outlook: While the on-chain data from Company Hedera looks constructive, market participants should remain mindful of broader crypto market volatility and macroeconomic factors that can amplify price swings. HBAR's current movement is accompanied by improving fundamentals, but the path forward depends on sustained user activity, developer engagement, and liquidity conditions. Maintaining disciplined risk management and watching for confirmation of a breakout above $0.118 will be essential for traders planning entries.

Conclusion: The combination of higher TPS, rising new accounts, growing TVL, and a large holder base constitutes a bullish fundamental backdrop for HBAR. However, the technical test at $0.118 is a key inflection point. If Company Hedera continues to demonstrate on-chain adoption and the market supports higher valuations, the next leg up could be justified; if not, traders should prepare for consolidation or a pullback to test support levels.