They can track NFTs, DeFi trends, and tokenized assets across multiple platforms.
As the cryptocurrency market hints at recoveries, Hedera Hashgraph has moved toward amplifying blockchain transparency.
According to today’s press release, the blockchain has joined Google BigQuery public datasets.
With this integration, developers, enterprises, and analysts can query Hedera’s complete transaction history, similar to major networks like Bitcoin, Ethereum, Avalanche, and Tron.
With Hedera now part of BigQuery’s public datasets, users can perform cross-chain research and analytics at an unprecedented scale. The Hedera Foundation’s commitment to transparency and accessibility is further reinforced by this project, empowering developers and enterprises with critical blockchain insights.
With this move, users can now analyze blockchain activity without the need to handle their own infrastructure.
They can smoothly access query-ready data sets that highlight detailed insights into token activity, transaction volume, and network performance.
For instance, businesses can compare transaction speeds and costs between Hedera and other platforms.
Also, they can track NFTs, DeFi trends, and tokenized assets.
The integration of HBAR statistics into Google BigQuery follows collaborative efforts between the Hedera Foundation, Hedera developers, Ariane Labs, and Hashgraph engineers.
The primary goal is to make Hedera data accessible and comparable with different blockchains to enhance transparency while enriching enterprise adoption.
Reliable, open, and queryable stats can help businesses integrate blockchain datasets into sectors like DeFi research, ESG tracking, supply chain management, and web3 development.
Moreover, the initiative leverages Google Cloud’s infrastructure to ensure that Hedera statistics are up-to-date and essential for different applications.
The team added:
By making historical Hedera data openly available, the opportunities for innovation, comparative blockchain research, and enterprise-grade analytics are more expansive than ever.
Hedera’s native token trades at $0.1896 after gaining more than 9% the past 24 hours.
The 135% uptick in daily trading volume signals renewed buyer interest, suggesting more gains for the altcoin.
The current momentum can support surges to the initial resistance at $0.1972.
Overcoming this obstacle can support significant rallies in the near term.
Technical indicators suggest more gains for Hedera’s token.
The 4Hr Relative Strength Index of 63 signals buyer momentum.
Also, the Moving Average Convergence Divergence above the signal line with massive green histograms signals bullish momentum.
Further, HBAR boasts various catalysts that could support robust gains in the coming times.
For example, the approved spot Hedera exchange-traded fund opened the gates for institutions and traditional investor participation.
