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Hedera Mainnet Upgrade to v0.65: What To Expect on Sept 24?

Hedera Mainnet Upgrade

Hedera Mainnet Upgrade: What You Should Know

The Hedera Mainnet Upgrade is set to unleash on September 24, 2025, sparking widespread optimism for the network and the HBAR token. With enhanced state management capabilities, scheduled transaction fee controls, and other major enhancements, this development is poised to have a significant impact on the blockchain network.

Hedera Mainnet Upgrade Tomorrow: Key Details

The Hedera blockchain team has officially confirmed that the mainnet update to v0.65 will happen tomorrow. This major update will, however, introduce three main improvements: first, strong state management capabilities; second, enhanced control over the fees of scheduled transactions; and third, a major advancement toward fully optimized Block Streams.

  • Virtual Mega Map: The Virtual Mega Map refactors Hedera's internal state data structure, unifying singletons, queues, and maps into a singular virtual map. With all entities unified under one root hash, the network enjoys an advanced level of verifiability, and state and block item proofs get the highest level of efficiency, especially for block streams.’

  • HIP-991: In v0.65, with HIP-991 improvements, the update brings support for max_custom fees in scheduled transactions, which provides topic operators using HCS with greater control over fee management. This improvement increases the predictability of the fees while aligning with HTS and offering guardrails to developers, thus improving the network's efficiency and ease of use.

  • HIP-1056 and HIP-1127: HIP-1056 and HIP-1127 continue building on the Block Stream foundation of Hedera with the introduction of a Unified Transaction Record that streamlines transaction representation and eliminates historical duplication. This results in improved performance, scalability, and reduced state size, all while ensuring seamless compatibility with existing applications.

HBAR Price Surges: Will This Uptrend Sustain?

In anticipation of the looming Hedera Mainnet Upgrade, the HBAR token price has taken a significant bullish reversal, recovering from the recent downturn.

HBAR has been consolidating within a tight range recently, but yesterday's opening price of $0.2400 represents a strong 80% recovery from its yearly low. Today, the token has surged by a marginal 1.5% but is still down from yesterday’s high.

Currently, the cryptocurrency is trading at $0.2230, marking notable plummets of 4.5% and 10% over the past week and month, respectively. However, traders are showing increased optimism towards the crypto, as the 24-hour trading volume has surged by more than 14%, currently at $314 million.

Driven by the prevailing sentiment and positive indicators, analysts and experts are also holding a bullish approach to the cryptocurrency. For instance, analyst Carl Moon posited that the crypto is nearing the “Golden Pocket.”

In addition, STEPH IS CRYPTO shared an ambitious target for HBAR, citing historical trends. If the altcoin repeats the 2020-2021 pattern, the Hedera coin is poised to hit a bold high of $5 this year.

Nynu V Jamal

About the Author Nynu V Jamal

Expertise coingabbar.com

With three years of teaching experience, I have nurtured a deep passion for the English language and literature. My unwavering dedication to writing has now reached a new milestone with my transition into content creation. Today, I embrace the boundless possibilities that the FinTech industry offers. As a committed content writer, I channel my love for language and my curiosity into in-depth cryptocurrency research. Writing is not just my profession but my passion, especially in the dynamic realm of the digital world, with a particular focus on digital currencies that are shaping the future of our modern era.

Nynu V Jamal
Nynu V Jamal

Expertise

About Author

With three years of teaching experience, I have nurtured a deep passion for the English language and literature. My unwavering dedication to writing has now reached a new milestone with my transition into content creation. Today, I embrace the boundless possibilities that the FinTech industry offers. As a committed content writer, I channel my love for language and my curiosity into in-depth cryptocurrency research. Writing is not just my profession but my passion, especially in the dynamic realm of the digital world, with a particular focus on digital currencies that are shaping the future of our modern era.

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