Hedera Surges 10% in 24 Hours on Enterprise Expectations… Will it be a Turning Point for the Trend?
Hedera (HBAR) price surged over 10% in 24 hours, reaching an intraday high of $0.09506. Trading volume also soared past $345 million, signaling a short-term momentum shift after breaking out of a recent sideways trend. The rise is attributed to 'enterprise' related advancements, particularly reports of strategic development linked to the Hyperledger Fabric ecosystem, raising expectations that companies operating existing permissioned blockchain systems may adopt Hedera Hashgraph. The potential open-sourcing of related intellectual property supported by the Linux Foundation also garnered interest, alongside consistent corporate network growth and potential...
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