Hedera Hashgraph is deepening its footprint in Asia and the Middle East through a new partnership with the United Arab Emirates to develop decentralized digital identity solutions, a step that highlights the project’s growing enterprise adoption even as its token, HBAR, tests a critical support level.
HBAR Faces Pressure but Finds a Floor
After last week’s market-wide pullback, HBAR has remained resilient, hovering near a key technical support zone. The token briefly dipped to around $0.075 during the flash crash before rebounding sharply above $0.20, suggesting strong buying interest at lower levels.
Since then, prices have steadied near $0.15, a zone that has repeatedly served as a base over recent months. Analysts note that if HBAR maintains this support, it could set the stage for another upward move toward $0.75, particularly if broader market sentiment improves. However, a break below current levels could open the door to further downside toward $0.10.
Despite short-term volatility, the broader trend still points to long-term accumulation. Technical analysts highlight a flag formation on higher timeframes, a pattern often viewed as a bullish continuation signal that could precede a major breakout once market momentum returns.
Network Usage Surges Amid Broader Market Weakness
While traders remain cautious, on-chain activity on Hedera continues to strengthen. The network recently recorded over 1.78 million transactions in a single day, one of its highest daily totals to date, reflecting a surge in real-world adoption.
Transaction volumes across Hedera’s services have climbed nearly twentyfold compared to typical levels, with current daily averages exceeding 800,000, an 8% increase week over week. Over the past quarter, the network processed roughly 53 million transactions, highlighting consistent engagement from both enterprise and decentralized applications.
This sustained growth in usage suggests that Hedera’s low-cost, high-speed architecture is continuing to attract institutional partners, even amid broader market corrections.
UAE Collaboration Brings Decentralized IDs to the Forefront
The latest milestone in Hedera’s expansion is its partnership with BEEAH Group and The Hashgraph Group to launch IDTrust, a decentralized digital identity (DID) platform built on Hedera’s distributed ledger technology.
Unveiled at an event in Dubai’s Volante Tower, IDTrust represents one of the UAE’s first enterprise-grade decentralized ID systems. Developed under The Hashgraph Association’s Enterprise Accelerator Program, the initiative aims to give users control over their personal data while enabling secure, verifiable digital identities across sectors.
BEEAH plans to integrate the IDTrust system into its operations across energy, real estate, healthcare, and environmental services, reflecting the country’s broader vision for secure digital transformation.
Building the Foundations of Trust in Web3
For Hedera, the UAE partnership reinforces its strategy of targeting enterprise and government use cases, particularly in regions championing digital identity and sustainability initiatives. The collaboration also aligns with the UAE’s ambition to become a global leader in blockchain-enabled public services.
Despite short-term market weakness, Hedera’s fundamentals continue to strengthen. Its growing network activity, expanding partnerships, and consistent enterprise traction suggest the project remains well-positioned to play a key role in the next phase of decentralized infrastructure development.
If market sentiment stabilizes and HBAR holds its ground above support, the current consolidation could pave the way for a renewed uptrend: backed not by hype, but by genuine adoption.
