Hedera integrates wETH to let developers tap Ethereum's liquidity
Hedera Overview - September 26, 2025
Welcome to the Hedera Overview, a bi-weekly suite of updates for Hedera enthusiasts, users, developers and curious-minded web3 users about all that’s happening in the ecosystem.
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The ecosystem insights
HBAR token price: $0.21 (-12.5%)
Market cap: $8.95B (-12.77%)
Total value locked (TVL): $108.23M (-10.01%)
Total staked: 16.12B (+11.33%)
Transactions per second: 7.56 tx/s (+56.2%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Hedera Highlights
Diving deeper into some of the biggest updates from Hedera.
#️⃣ What’s happening: Canonical Ethereum launched on the Hedera network, enabling users and developers to access Ethereum token liquidity.
#️⃣ Why it matters: This integration introduces Wrapped Ether (wETH) as a composable asset that enables access to Ethereum’s deep liquidity pools with zero fees beyond gas, no slippage, and guaranteed settlement. The bridging is done via Stargate Finance and Saucer Swap.
The initiative aims to make it easier for developers and users to tap Ethereum’s token economy, while leveraging Hedera’s infrastructure. Think of it like a direct pipeline that carries Ethereum’s liquidity into Hedera, which can then be traded, lent, or integrated into dApps instantly.
Hedera is looking to drive developer growth by attracting cross-chain activity, since wETH utilizes the network’s backend to deliver high-performance transactions free from front-running. In turn, it brings more interoperable liquidity to the network, enhancing developer tools and bridging volumes.
The addition of wETH to a network beyond the Ethereum mainnet establishes liquidity across chains, allowing value to move freely so builders can tap Ethereum’s liquidity but on a faster network. This also integrates Hedera’s security, letting developers create dApps free of Ethereum mainnet’s limitations.
#️⃣ The bigger picture: Builders are increasingly demanding interconnected ecosystems with capabilities that can extend cross-chain so developers can build on their network of choice. Through bridges on Hedera like Stargate and Saucer Swap, developers can leverage their ability to offer real-time asset movement and composability.
Looking forward, the integration stands to spur developer adoption of Hedera by offering a scalable framework for cross-chain assets, since Ethereum remains the largest DeFi chain by TVL. The ability to instantly access and compose with the chain’s liquidity can create pathways for more integrations, like native messaging and liquidity balancing.
Unpacking the hash
Hiero, an open-source Linux Foundation Decentralized Trust project used to build the Hedera public ledger, celebrated its first anniversary
USDC issued on Hedera rose 33% throughout the week to $92.1M
Hedera’s stablecoin market cap rose 20% to $84.25M compared to last week
Coins.ph listed HBAR token and SaucerSwap’s SAUCE token to its Philippine wallet and exchange platform
Ecosystem players
Highlighting the companies, communities and users tied to Hedera ecosystem
ICYMI: Check out this X stream in which HashNames, MilanWR, Returnals and memejob talk about their projects on Hedera
Coin Fantasy’s play-to-yield game on Hedera saw its unique active wallets rise 113.4% to 1.79K, and dApp transactions increase 112.84% to 1.82K during the week
The HBAR Bull released a weekly update video on Deloitte’s environmental and social platform built on Hedera
Meet the Hedera Enterprise Adoption Team, formed to provide Hedera Council Members with structure and support for creating enterprise-grade solutions on the network
Get involved with the community
Find the latest job postings at Hedera ecosystem projects
Check out these events that Hedera will appear at from Sept. 30 - Oct. 2 in Singapore
Register for the Hedera Africa Hackathon to compete for a $1M prize pool
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.