As of January 5, 2025, #Hive (HIVE) is experiencing significant market activity. Here’s the latest price movement:

In the past 24 hours, HIVE’s trading volume has surged to approximately $1.75 billion, indicating heightened investor interest. 

Despite this recent uptick, HIVE remains about 76.7% below its all-time high of $2.56. 

Hive is a decentralized blockchain platform designed to support Web3 applications, with a focus on speed, scalability, and a thriving ecosystem of decentralized applications (dApps). 

Recent developments include HIVE Digital Technologies Ltd. achieving a milestone of 6.0 Exahashes per second (EH/s) in operational hashrate, representing a 47% year-over-year growth. 

Additionally, the company has been expanding its operations and integrating advanced mining equipment to enhance efficiency.