Hedera has scheduled a testnet upgrade to v0.67 for Wednesday, October twenty second at 17:00 UTC, with an estimated time window of 40 minutes. The status page displays expected service interruptions in the course of the rollout
In early October, maintainers released a mainnet v0.66.0 upgrade and canceled it on October eighth on account of a technical issue. The incident log records the scheduling, in-progress status, and cancellation notice.
Operational management continued while council operators accomplished node maintenance on October 14, including a node service from Mondelēz International. These entries signal routine maintenance of the platform alongside the outstanding testnet work.
Hedera explained HIP-551 “Batch Transactions,” which allows developers to mix multiple HAPI calls right into a single atomic operation that either completely succeeds or completely fails. The official blog describes the feature as ACID-compliant and aimed toward complex workflows.
Community and media posts this week reinforced the impact of the rollout, noting easier multi-step processes like mint-and-transfer inside a submission. Summaries emphasize reduced complexity and stronger transaction integrity.
Along with recent core upgrades, Batch Transactions positions Hedera's stack for cleaner app logic and fewer edge case errors. The schedule also corresponds to the October maintenance cycle documented within the status portal.
Onboarding push: Hashport opens an HBAR faucet
Hashport launched an HBAR faucet beta on October 1st to supply a nominal HBAR fee “drop” to qualified latest accounts. The announcement cites a smoother first-use experience because the goal.
Foundation and ecosystem channels appeared alongside Hashport’s onboarding toolset (“HashPass”). Posts outline suitability and intent to scale back friction for newbies.
Practically, the tap can reduce the time to first transaction for wallets and apps that require initial HBAR to interact with the network, complementing the cross-chain bridging that Hashport already provides.
Governance context: Arrow Electronics joins the Council
In the company context, Arrow Electronics joined the Hedera Governing Council in June. Arrow will operate a hub and collaborate on supply chain transparency and compliance initiatives.
Company materials describe a DLT use case aimed toward real-time tracking across complex, multi-party logistics networks. Public releases from either side confirm the give attention to the provision chain.
This governance addition underscores Hedera's corporate position while key technical advances – reminiscent of batch transactions and planned upgrades – proceed in parallel.
The HBAR supply is nearing completion
The chart shows the rise in circulating supply of HBAR from under 10% to the mid-range of 90% over 25 quarters. The adjusted trend line suggests a full release soon, meaning the long-planned token unlock program is sort of complete.
Total HBAR released over time. Source: Jesus Martinez on X
As unlocks decelerate, the dilution pressure from latest tokens coming onto the market naturally decreases. Therefore, calendar-driven events on the sales side needs to be less vital than before. Liquidity stays high, however the “overhang” from future distributions decreases.
However, “inflation = dead” is an exaggeration. The chart shows the discharge of the 50B fixed supply, not the creation of additional tokens beyond the cap. Since most of the provision has already been exhausted, future growth in circulation is slowing, but the value still depends upon demand, Treasury movements, and on-chain activity. In short, supply-side headwinds are easing; Fundamentals and currents take over.
HBAR chart thesis: Ascending channel with Elliott wave roadmap
The chart shows HBAR/USD inside a protracted ascending channel from 2020 with recurring bounces on the lower trendline and limited moves near the upper boundary. It marks the all-time high of $0.58 in 2021 and suggests that the value stays in the midst of the channel after a brand new high-low test. Therefore, the structure assumes that the final trend is up so long as the channel holds.
Hedera Ascending Channel Elliott Waves. Source: ChartNerd on X
The writer overlays Elliott wave counts, which divide rallies into five-wave advances and pullbacks into correction phases. In this path, the last green tick near the lower rail indicates a accomplished correction phase and a brand new impulse. Consequently, the projected ovals indicate a gradual increase towards the highest of the channel in the subsequent cycles.
Horizontal supply and demand zones reinforce the outlook. Red bands mark earlier nappes that later served as support, suggesting a base-forming process inside the channel. If the value continues to shut above these bands, the chart favors a continuation inside the rising structure; Otherwise, momentum may stall at resistance in the midst of the channel.
Finally, the chart shows a long-term goal near $1.80 on the upper line of the channel with an end wave designation. Think of this as scenario-based fairly than predetermined. The thesis can be invalidated if there may be a decisive break through of the lower trend line or a failure to recapture the marked support blocks. Wave labeling is interpretive, so risk controls and confirmation signals are vital before assuming the complete path.
HBAR Chart Analysis – Source: JavonTM1 on X
The chart shows HBAR constructing a high-low structure after its long downtrend that ended with a breakout in 2023. The image highlights the complete corrective move from the 2021 peak after which highlights the breakout box where momentum shifted. Therefore, the analyst considers the downtrend to be complete and the present motion as a part of a brand new bullish phase.
HBAR breakout and goal zones. Source: JavonTM1 on X
The first marked goal is $0.504, which coincides with a serious resistance zone from an earlier break area. Since the value has been consolidating below this level for a lot of months, it’s believed that a transparent break of this level could confirm the continuation of the trend. The analyst also describes this level as a middle goal before a bigger rally attempt.
If HBAR closes above the $0.504 resistance, the chart will assign a secondary goal around $0.962, reflecting the subsequent unfilled area from the previous cycle. This structure implies a “staircase path” where HBAR must convert old coverage zones into support before moving forward. The thesis loses momentum if the value fails to carry its breakout zone and returns to the previous range.
