COFRA became the 29th member of the Hedera Governing Council. The Council consists of organizations that are dedicated to advancing the growth and development of Hedera, which includes operating Hedera's validator nodes.
There was consistent growth and adoption across all Hedera Network Services. The Hedera Consensus Service is the fastest growing of the Network Services.
The increase in Hedera network usage was primarily driven by NFTs. This is a shift from previous quarters where DeFi was the main driver.
Hedera announced a strategy for EVM equivalence. A key contribution to this strategy has been made by Swirlds Labs, which developed a Hedera-specific JSON-RPC Relay codebase, known as Hashio. This will pave the way for Solidity and Vyper smart contracts functionality on the Hedera network.