Hedera Testnet Upgrade to v0.62.6

JUN

13

Event date

Friday 13 June 2025, UTC

Event description

Hedera, a decentralized public network powered by the hashgraph consensus algorithm, will upgrade its testnet to v0.62.6 on June 3, 2025, at 17:00 UTC. This 40-minute upgrade will temporarily disrupt testnet services, allowing developers to test new functionalities in a controlled environment before mainnet deployment. The upgrade aims to enhance transaction efficiency, smart contract capabilities, and developer tools, aligning with Hedera’s mission to provide a scalable, enterprise-grade platform for decentralized applications (dApps). This testnet release is a critical step toward ensuring stability and performance for future mainnet updates, reinforcing Hedera’s position as a leader in distributed ledger technology (DLT).

Recent News

Hedera has been making waves in 2025! In May, the mainnet successfully upgraded to v0.61.10, improving transaction throughput and network stability. The Hedera Governing Council, comprising global giants like Deutsche Telekom and IBM, transferred the hashgraph source code to the Linux Foundation’s Hiero project in September 2024, making it open-source under the Apache License. This move has boosted developer accessibility and community trust. Additionally, Hedera’s partnerships with enterprises like Avery Dennison and ServiceNow highlight its growing adoption in real-world use cases, from supply chain tracking to tokenized asset management.

Future Plans

Hedera’s roadmap is packed with ambitious goals. The network is working toward permissionless nodes via the Node Management Tool (NMT), which will decentralize node operations and enhance security. Upcoming features include EIP-4337 compatibility for Ethereum-like smart contracts and batch transaction support for complex workflows without relying on smart contracts. Hedera also plans to introduce scalability features like sharding and blockstream APIs, ensuring the network can handle growing transaction volumes for enterprise and DeFi applications. These advancements position Hedera to compete with major players like Solana and Ethereum.

Onchain Data

Hedera’s network performance is impressive. The mainnet processes over 10,000 transactions per second with sub-3-second finality, outpacing many traditional blockchains. As of June 9, 2025, HBAR’s circulating supply is 42.24 billion out of a 50 billion max supply, with a market cap of $7.54B USD. Recent 24-hour trading volume reached $125.44M USD, reflecting strong market activity despite a 7% price dip. Onchain analytics from platforms like Hashscan show consistent growth in account creation and dApp usage, particularly in DeFi and NFT marketplaces.

Community Sentiment

The Hedera community on X is buzzing with excitement about the testnet upgrade. Posts highlight optimism about Hedera’s enterprise adoption and unique features like scheduled transactions, which enable escrow-like functionality for DePIN (Decentralized Physical Infrastructure Networks). Influencer @kevinolearytv, a self-proclaimed “big shareholder” in HBAR, recently praised Hedera’s potential to revolutionize digital payments, boosting community morale. However, some users express caution about HBAR’s recent price volatility, urging due diligence before investing.

Why It Matters

This testnet upgrade is a pivotal moment for Hedera, ensuring its infrastructure remains robust and developer-friendly. By refining smart contract tools and transaction efficiency, Hedera strengthens its appeal for enterprises and developers building high-throughput dApps. The open-source Hiero project and growing partnerships further cement Hedera’s role as a trusted DLT platform. While price volatility is a risk in crypto markets, Hedera’s fixed fees and carbon-negative network offer stability for users. Risk Disclaimer: Always research market trends and consult financial advisors before engaging with HBAR or any cryptocurrency, as price fluctuations are common.

Hedera

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Hedera (HBAR) Events List

Hedera HIP-1046: gRPC-Web Proxy Endpoints Update

The session features Keith Kowal and Ali Niknam from Hashgraph, outlining how this update allows node operators to advertise secure web endpoints dynamically. The purpose is to cut dApp maintenance costs, enable easier browser-based integrations, and foster a more resilient ecosystem. This proposal is crucial for Hedera's enterprise-grade blockchain, bridging traditional development with Web3 efficiency. Expected impacts include accelerated dApp adoption, reduced barriers for builders, and enhanced performance, though implementation may require careful monitoring for seamless rollout.Recent NewsHedera's ecosystem has shown strong growth. August 2025 saw stablecoin market cap surge 54 percent to $86.41 million, reflecting rising DeFi interest. July brought protocol upgrades for better throughput, while June emphasized developer tools. TVL jumped to $270 million earlier in the month, up from previous levels, amid broader network expansions and partnerships in Asia.Future PlansHedera's 2025 roadmap focuses on decentralization and scalability. Upcoming features include dynamic address books for automated node changes, batch transactions for complex workflows, and scalable state proofs for efficient verification. Beyond 2025, plans involve modular local nodes, smart contract equivalence, and disaster recovery tools, targeting millions more transactions per second and widespread enterprise adoption.Onchain DataHedera's daily transaction volume averaged 708,500 in Q1 2025, up 25.8 percent quarter-over-quarter. Recent TVL stands at $270 million, with stablecoins contributing significantly. Detailed August metrics from platforms like Dune Analytics are limited, but network explorers show steady wallet growth and high activity in crypto services.Community SentimentReactions on X to HIP-1046 are largely positive, with developers praising its potential for easier integrations and scalability. Some users express frustration over price performance, but overall buzz centers on optimism for network improvements and real-world utility.

Hedera

September 17

DAS London 2025 Conference

DAS London is a premier institutional crypto conference returning to London on October 15, 2025. Hosted by leading figures in the digital asset industry, the event gathers top investors, innovators, and institutions for a focused day of discussions and networking. The conference format facilitates panels, keynote speeches, and direct engagement opportunities. Recent News Although direct recent news specific to DAS London 2025 is limited, the conference has a history of featuring key industry announcements and partnerships. The broader digital asset sector continues to advance with innovations in DeFi, regulatory developments in major markets, and growing institutional interest, setting the stage for a high-profile gathering. Future Plans DAS London aims to strengthen its position as a key annual meeting for institutional crypto players, addressing evolving technological trends and regulatory landscapes. The 2025 conference will likely expand its topics to include emerging asset classes, advanced trading technologies, and cross-industry collaborations. Onchain Data No verifiable onchain metrics available. Community Sentiment Neutral to positive. The crypto community generally views DAS London as a significant industry event facilitating vital connections and dialogue, though specific reactions to the 2025 edition are not yet active publicly. Risk Disclaimer As a conference event, DAS London may influence market sentiment but does not directly affect tokenomics or price mechanisms. Sources used https://blockworks.co/event/digital-asset-summit-2025-london

OpenEden

October 15

Hedera Consensus Node V0.68 Upgrade

Hedera is releasing Consensus Node v0.68 in December 2025, introducing dynamic address book support under HIP-1299. This upgrade allows node operators to change their node account IDs, which will no longer be fixed or hardcoded. The update is critical for network participants to avoid INVALID_NODE_ACCOUNT errors that occur with older versions and SDKs. Recent News In the last few months, Hedera has focused on improving network scalability and flexibility, with the upcoming v0.68 consensus node software embodying these goals through HIP-1299. The introduction of dynamic address book support reflects Hedera's commitment to evolving its infrastructure, enhancing developer experience, and maintaining protocol robustness. Future Plans Following this release, Hedera plans to continue refining node functionalities and address management, aiming to further streamline network operations and developer interactions. The roadmap includes more upgrades to enhance consensus efficiency and integration capabilities with SDKs. Onchain Data No verifiable onchain metrics available. Community Sentiment Positive - The community on X (formerly Twitter) and Reddit has expressed optimism about the enhanced flexibility and error reduction brought by dynamic address book support. Users highlight improved node management and anticipate smoother upgrades. Risk Disclaimer This technical upgrade may influence node operator activities and network stability temporarily but is intended to improve long-term network reliability. Sources used https://cryptocalendar.ai/events/hedera-consensus-node-v068-upgrade-release-31-12-2025

Hedera

December 31

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