HBAR Hits $307B Volume:Is This the Breakout Moment?

3 mins mins

Key Insights:

HBAR volume surged past $307B, showing increased network activity and rising institutional blockchain adoption.
Hashgraph backs Swiss e-ID law, using Hedera to power secure, citizen-controlled digital identity services.
Swiss voters approved a state-issued e-ID, now supported by Hashgraph’s privacy-first IDTrust platform.

*HBAR Hits $307B Volume:Is This the Breakout Moment?*

Hedera Hashgraph ($HBAR) has reached a cumulative trading volume of $307 billion, based on recent data from DeFiLlama. This figure represents total volume in USD from 2020 through 2025.

The volume remained low through 2020 and mid-2021. In 2022, steady growth began. By early 2023, the volume crossed $100 billion. From mid-2024 onward, growth became much faster, rising from around $200 billion to over $300 billion in a short period. The current trend shows increased network activity.

This change points to more use of the Hedera network across various sectors. These include digital payments, decentralized services, and government-backed platforms. The rise in volume also suggests more regular and larger-scale usage by institutions and developers.

🔥 LATEST: $HBAR cumulative Volume just hit $307B. pic.twitter.com/ImtODCZbfw
— Marc Shawn Brown (@MarcShawnBrown) October 8, 2025

Swiss Voters Approve New e-ID Law

On 28 September 2025, Switzerland voted to pass the Federal Act on Electronic Identification Services (e-ID Act). The final result was 50% in favor, with 50% against. The law enables a state-issued electronic ID for citizens to confirm their identity during digital interactions.

The new system will be optional and free. It will be managed by the federal government, not private companies. This is a shift from the 2021 version of the law, which voters rejected due to concerns over private sector control.

The e-ID can be used for things like applying for services, proving age, or ordering a digital driver’s license. It is expected to play a central role in modernizing how Swiss residents verify identity online.

Hashgraph Supports e-ID Infrastructure

Hashgraph is supporting Switzerland’s e-ID system through its IDTrust platform, which is built on the Hedera network. IDTrust allows users to manage their identity in a secure and private way, using blockchain-backed tools.

The platform fits the government’s goals of protecting user data and building trust into the system. Hashgraph’s role in the e-ID rollout positions it as a key player in national-level infrastructure.

Stefan Deiss, CEO of The Hashgraph Group, said: “As a Swiss citizen interacting and transacting in an increasingly digital connected world, I will be voting yes for the government-issued Swiss electronic identity (e-ID), which upholds the values of data protection, privacy, and security.”

This marks one of the few blockchain-based systems being used in a national government project.

Current HBAR Price and Trading Data

As of today, HBAR was priced at $0.2185. The 24-hour trading volume stands at $287,308,784. Over the last 24 hours, the price is down 3%, but over the past week, it has increased 3%.

Despite short-term price changes, the steady rise in cumulative volume points to long-term usage growth. The combination of real-world adoption and strong network activity could shape the token’s role in the digital economy.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.