Hedera Hashgraph rallies 150% in a week as its ecosystem expands
New partnerships, NFT integration and a market-wide surge in altcoin prices back HBAR’s recent 150% rally. Real-world adoption and blockchain integration is the ultimate goal of any serious fintech protocol looking to offer workable solutions to some of the biggest challenges in finance and data transmission.Hedera Hashgraph, a public network that uses a distributed ledger technology known as Hashgraph to increase scalability and lower transaction costs. HBAR/USDT 4-hour chart. Source: TradingViewTwo of the main reasons for the recent rise in HBAR include a growing list of ecosystem....
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Hedera Hashgraph, also known as HBAR, has been around for sometime now and has been on the radar for crypto tokens to look out. HBAR is looking to change up the crypto landscape and how we invest, and has a particularly unique approach. Lets take a look and dive into what’s going on with HBAR. Related Reading | Bitcoin ATM Stolen During Raid In Barcelona A Look Into Hedera Hashgraph’s New Grant For those who may not know, Hashgraph is a distributed ledger technology that has been described as an alternative to blockchains. The hashgraph technology is currently....
Distributed ledger service, Hedera Hashgraph is expected to deploy a panoply of upgrades in 2022 in line with their long-term pursuit of decentralization. The Hedera Governing Council has officially voted to purchase the intellectual property rights to the hashgraph consensus algorithm from founding architect and inaugural member of the council, Swirlds Inc, for an undisclosed fee.A Jan. 19 announcement also details plans to transition their code to an open-source model this year under Apache 2.0 license, in addition to transferring core team members such as CEO Mance Harmon and chief....
HBAR’s price shows the market a glimpse of bullish hope as the price broke out of its long-range movement with strong volume. HBAR trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of HBAR eyes a recapture of $0.1 as key resistance was flipped into support with more buy orders. The price of Hedera Hashgraph (HBAR) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the....
The HBAR foundation, a nonprofit organization designed to accelerate the development of the Hedera Hashgraph ecosystem, has announced the launch of a new Metaverse fund. The fund, which launches with $250 million, will serve to entice builders and programmers to bring their metaverse products to the Hedera network and make use of its decentralized ledger technologies.
HBAR Foundation Wants the Metaverse to Happen on Hedera
The battle for the metaverse is intensifying, and many organizations are offering incentives for these experiences to be built using their own infrastructures.....
A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.The new proof of concept by South Korea's Shinhan Bank for remittances can send money internationally within seconds for a fraction of a cent on the Hedera Network.Hedera claims that the average fee per transaction on its network is $0.0001, and the average....