2025 kicked off as a year of bold beginnings for Hedera. HederaCon took place in February in Denver, Colorado, and was Hedera’s first major user conference since 2018. It was held alongside ETHDenver. Opened by Dr. Leemon Baird and Mance Harmon, the event focused on the future. It showcased the growing influence of the Hedera network. This influence is clearly visible with initiatives including joining SpaceX launch in January. We look at some of the upgrades and the SpaceX connection today.
Hedera is governed by a council made up of big corporations like Google, Boeing, and IBM. Disruption Banking has discussed what could hypothetically happen to HBAR’s price if more tech giants like Apple, Tesla, NVIDIA, or BlackRock joined the governing council. But today we look at how the current initiatives taking place at HBAR could help the hashgraph company break out in 2025.
A Year of Bold Beginnings for Hedera
Hedera’s impact in 2025 began with a bold leap into space. On January 14, SpaceX successfully launched a satellite as part of WISeKey’s WISeSat project, a big step forward in a grand plan to create an 88-satellite constellation. The aim is to leverage Hedera’s hashgraph technology to enable high-speed, low-cost transactions for IoT connectivity. According to Carlos Creus Moreira, CEO of WISeKey, the satellite technology could serve industries like smart farming and logistics. This could be a huge leap forward for Hedera if it pans out as planned.
🚨BREAKING: @SecDef chooses $HBAR powered technology to enable quantum resistant Drone Infrastructure
— Shawn (@oroogle) February 15, 2025
The company that embedded Hedera’s technology into a satellite and sent it to space via Space X is now implementing it at the core of the Defense Department.
The technology… pic.twitter.com/STVJNXDlFO
That said, Hedera’s space venture is still in its proof-of-concept phase. While the WISeSat launch is a promising step, we’ll have to wait for the next launch later this year to really judge its potential. The same goes for the February HederaCon event. Positive vibes from this could push more developers to build on Hedera, further increasing network activity.
Back on earth, Hedera has been churning out routine network upgrades. On February 19 and March 10, two mainnet upgrades to version 0.58.9 and 0.59, respectively — both of which took about 40 minutes each — happened. These updates, though not major ones, were crucial for keeping the network running smoothly. Stable networks are key to attracting serious enterprise users in the long run. And Hedera understands this.
Completed: Completed: The Hedera testnet upgrade to v0.59.3 has been completed successfully! https://t.co/0sNg6OP5oh https://t.co/6aBGbvp5cu
— Hedera Status (@HederaStatus) March 10, 2025
Hedera’s Governing Council: A Foundation of Stability
Another pillar of Hedera’s future growth is its governance. Hedera’s unique council — with up to 39 diverse organizations — is composed of prominent companies like Google, abrdn, Boeing, IBM, LG, HITACHI, Chainlink, UBISOFT, Standard Bank, Mondelēz Int’l, Tata Communications, and a host of other. It ensures the network remains stable, compliant, and innovative. The influence of these high-profile organizations — currently about 32 members — adds credibility to the network, particularly as regulatory concerns around cryptocurrencies intensify. With these major players involved, Hedera is well-positioned to meet evolving regulatory requirements. Something that other blockchains are still grappling with.
#Hedera, the home of enterprise #AI and institutional #RWAs 🤝 pic.twitter.com/ZodY9hxHkJ
— HBAR Foundation (@HBAR_foundation) November 12, 2024
One of the key contributions of the council members is their active role in supporting the network’s infrastructure. Boeing, for instance, a global leader in aerospace, joined the Hedera Governing Council in August 2019 as its 10th member. The company ran a node on Hedera’s network, supporting its decentralization and security while browsing the use of Hedera’s distributed ledger technology for aerospace applications, including supply chain management and secure data sharing.
In February 2021, Boeing, through its venture capital arm HorizonX, further committed to Hedera by participating in a $7 million funding round alongside investors such as Tata Communications and Vestinwolf Alternatives. After four years of active involvement, Boeing concluded its tenure on the council in February 2025, with the Hedera community acknowledging its contributions to the platform’s development.
As of February 14th, @Boeing will conclude its tenure on the Hedera Council after more than four years. We extend our sincere appreciation for their valuable industry insights and contributions to Hedera network governance. pic.twitter.com/fLueoUhNPo
— Hedera (@hedera) February 14, 2025
Similarly, Google has been in the council since February 2020, running a node on the Google Cloud Platform (GCP) to enhance the network’s infrastructure and scalability. As noted by Hashgraph CEO Mance Harmon, Google, along with other council members, “are responsible for maintaining Hedera’s global infrastructure, protocol and product to create a trust layer for the internet.” Google also provides analytics for the network, supporting data-driven decision-making and increasing Hedera’s appeal to enterprises.
IBM, on the other hand, joined the council in 2019 alongside TATA, and has focused on blockchain interoperability. It does this in particular through its Tech Preview for the IBM Blockchain Platform using Hedera’s Consensus Service plug-in. This collaboration helps blend public and private blockchain networks, crucial for enterprises seeking privacy and transparency.
IBM emphasized, “Our Tech Preview is more of a use case on the importance and value of public consensus derived from the use of the Hedera Consensus Service.” Use cases like Standard Bank’s digital currency initiative in South Africa further highlight Hedera’s enterprise appeal.
The diverse membership of Hedera’s Governing Council strengthens the platform’s position across industries.
In early 2025, Hedera also saw the Nairobi Securities Exchange (NSE) join the council, again cementing the platform’s appeal to institutional players. This new addition, along with policy shifts like the introduction of HBAR-only rewards for node operators by June 2025, highlights Hedera’s ongoing focus on fostering enterprise-level adoption.
Can Space Ventures Lead to Governance Shifts?
As of now, there’s no hard evidence linking the launch to changes in council membership. However, the council’s recent activities, including changes to the node subsidy policy, are all about Hedera’s internal economics — not space projects. There have also been some interactions with NASA in the past that may develop in time.
Discussions on X and crypto forums speculate about big names like SpaceX or Elon Musk’s affiliates joining, given Musk’s reported interest in hashgraph tech since 2021. Yet, these remain rumors, unsupported by official statements.
Elon Musk doesn't do just any #blockchain. If he is going to do anything #DLT it might as well be #Hedera.
— #DisruptionBanking (@DisruptionBank) February 17, 2025
We deepdive into #HBARnews today at #DisruptionBanking:https://t.co/g9Z977QNRF pic.twitter.com/UVhnWZqJdI
That said, if Hedera’s space ventures start pulling in more enterprise interest, it’s possible that council seats could be scooped up by tech giants or space-related firms. WISeKey, despite not being a council member, hint at how partnerships could shape Hedera’s future.
But, the council’s three-year term limits and rigorous selection process suggest we won’t be seeing any big shifts anytime soon. For now, the SpaceX launch seems more like a feather in Hedera’s cap than a catalyst for a governance shift.
Considering investing in Hedera Hashgraph (HBAR)?
While it’s true the potential for HBAR to experience a beak out is certainly there, the volatility of the cryptocurrency market means that investors should proceed with caution.
In short, Hedera’s journey in 2025 holds great promise, but the road ahead is still uncertain. Those interested in HBAR should keep a close watch on the network’s progress and remain prepared for both growth and volatility in equal measure.
#HBAR #Hedera #Crypto #Blockchain #SpaceX #CryptoInvesting #Web3 #DeFi #Cryptocurrency #TechInnovation
Author: Ayanfe Fakunle
The editorial team at #DisruptionBanking has taken all precautions to ensure that no persons or organizations have been adversely affected or offered any sort of financial advice in this article. This article is most definitely not financial advice.
See Also:
How Hedera is Decentralizing the Value Chain | Disruption Banking
Is Hedera Being Used by Elon Musk’s DOGE? | Disruption Banking
How Strong will Hedera’s HBAR be in 2024? | Disruption Banking