Hedera Coin, or HBAR, is currently experiencing a mix of performance in the volatile cryptocurrency market. Recent
price predictions suggest a substantial growth potential for Hedera. Despite falling to an annual low, optimism persists among a sector of investors about a potential upswing due to the announcement of the new Layer2 PlutoChain.
Coinbase's expansion into futures representing Hedera has garnered attention, offering a new way to invest in the crypto asset. Also notable is news of Canary Capital's ETF filing the documentation for Hedera, showing a significant advancement in the investment community's acceptance of cryptocurrencies as a mainstream investment option. Coinbase's introduction of Hedera Futures Contracts for US traders is a salute to the competitive strength of the coin. However, some recent reports suggest that Hedera was among the worst-performing altcoins in 2025. Despite this, there are strong expectations for a solid recovery. Reports also suggest the launch of the PHPX stablecoin on Hedera by Philippine banks, which has triggered a surge in the coinβs price. While Hedera gained significant market capitalization, eclipsing coins like Stellar (XLM) and Tezos (XTZ), there have been instances of rally stalls and reversal of gains. Despite some pessimistic viewing signaling a potential decline for Hedera, the majority outlook leans more towards an uptrend, with estimates that it could reach a dollar value in the foreseeable future.
Hedera Coin News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Wed, 26 Feb 2025 23:11:28 GMT -
Rating 5
- Innovation 9
- Information 7
- Rumor 2
