Hedera (HBAR) Gains Momentum with Institutional Partnerships and Key Resistance Test
Hedera (HBAR) has recently made significant strides, particularly due to new institutional partnerships and expanding adoption. One of the most notable recent developments is a partnership with UK-based crypto custodian Copper, which allows institutional clients to stake HBAR through Copper’s on-ramp solutions. This partnership is expected to enhance institutional participation in Hedera’s ecosystem, providing greater exposure and utility for the HBAR token​( DailyCoin ).
In addition, Hedera is gaining attention for its involvement in tokenization projects, particularly with the BlackRock Treasury Fund’s integration earlier this year. Although BlackRock was not directly involved, Hedera’s network played a key role, boosting HBAR’s value by over 60% at the time. However, despite these positives, HBAR has faced challenges, including a drop of 27% over the past month, with current prices hovering around $0.053​( DailyCoin )​( CCN.com ).
Read More: https://onthenode.com/cryptocurrency/hedera-hbar-gains-momentum-with-institutional-partnerships-and-key-resistance-test
Hedera (HBAR) has recently made significant strides, particularly due to new institutional partnerships and expanding adoption. One of the most notable recent developments is a partnership with UK-based crypto custodian Copper, which allows institutional clients to stake HBAR through Copper’s on-ramp solutions. This partnership is expected to enhance institutional participation in Hedera’s ecosystem, providing greater exposure and utility for the HBAR token​( DailyCoin ).
In addition, Hedera is gaining attention for its involvement in tokenization projects, particularly with the BlackRock Treasury Fund’s integration earlier this year. Although BlackRock was not directly involved, Hedera’s network played a key role, boosting HBAR’s value by over 60% at the time. However, despite these positives, HBAR has faced challenges, including a drop of 27% over the past month, with current prices hovering around $0.053​( DailyCoin )​( CCN.com ).
Read More: https://onthenode.com/cryptocurrency/hedera-hbar-gains-momentum-with-institutional-partnerships-and-key-resistance-test
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