Hedera will update its mainnet to version 0.63 on July 23, 2025, at 5:00 PM UTC. The scheduled maintenance will take about 40 minutes, and transaction processing across the network may temporarily slow down.
The update focuses on improving system operations and network performance. However, it does not introduce any changes to HBAR tokens or the execution of smart contracts.
What is the mainnet upgrade for Hedera?
The new release includes three main changes:
Support for shard identifiers and non-zero fields in system orders.
Rate formation limits, which add rate limits to administrative changes.
Adjusting MerkleDB, which improves node storage efficiency and reduces processing costs.
These changes aim to enhance the resilience and flexibility of developer operations and node operators. Hedera CLI tools, such as yahcli, will now operate on dedicated network sections.
This will enhance Hedera's potential to deploy enterprise solutions. This update will increase network productivity and reduce record synchronization time.
Will the update affect the utility of HBAR?
There are no direct changes to the utility of HBAR. The core functions of the token - transfers, storage, and gas for smart contracts - will remain unchanged. Transaction fees and storage mechanisms will also remain unchanged.
Users may experience delays or temporary interruptions in transaction processing during the upgrade period. However, normal operations will resume after maintenance is completed. The price of HBAR has risen by over 100% this month, from about $0.15 to between $0.28 and $0.29 as of July 21.
Analysts have noted a bullish technical framework, with a golden cross forming and strong inflows from equity markets supporting this move. While the short-term relative strength index indicates a potential overbought condition for HBAR, overall sentiment remains positive.
The latest analysis
indicates the next resistance between $0.37 and $0.50 if momentum continues.
Can the Hedera update affect the price?
The v0.63 update is a technical maintenance release, not a feature release or an update to token economics. This update is unlikely to directly affect price movements. However, improvements in Hedera's stability and reliability may help boost investor confidence following the sharp rise in July.
If the upgrade process goes smoothly, it could contribute to maintaining the current price range by reducing technical risks. However, any significant move in HBAR's stock is likely to depend more on overall market sentiment and upcoming ecosystem news than on this upgrade alone.
The HBAR index has seen notable gains this month. This may support the upgrade's upward trend, but it is not a catalyst for further price increases. Traders should monitor network stability during the deployment period, while watching broader market signals for the next move.
