Hedera to Conduct Testnet Upgrade on July 2nd

On July 2, at 17:00 UTC, Hedera will upgrade its testnet to version 0.63. The upgrade is expected to take approximately 40 minutes, during which users may experience brief network disruptions.

Refer to the official tweet by HBAR:

Scheduled (Jul 2, 2025, 17:00 UTC): Hedera will be upgrading the Hedera testnet to v0.63 on Wednesday, July 2 2025 at 17:00 UTC. The upgrade will take approximately 40 minutes to complete, users should expect some disruption to networ…

HBAR Info

Hedera (HBAR) is a decentralized public network that allows individuals and businesses to create powerful decentralized applications (dApps). Its native cryptocurrency is HBAR, used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious actors.

Hedera stands out from other blockchain technologies due to its use of hashgraph consensus, which promises the benefits of blockchain – decentralization, distribution, and security through hashing – with enhanced speed, efficiency, and scalability. This technology enables Hedera to process thousands of transactions per second in contrast to traditional blockchains, making it an appealing option for enterprise use cases.