HBAR Climbs 2.1% as Traders Digest ETF Review, AI Launch, and Energy Governance Move
2025-06-30 21:20:06
Main Idea
HBAR's price rose 2.1% due to ecosystem updates including an AI toolkit launch, gaming expansion, and new council additions, alongside a U.S. SEC review of a potential HBAR ETF.
Key Points
1. HBAR's price increased by 2.1% to $0.1519, with an intraday high of $0.154, following several ecosystem developments.
2. Blockchain for Energy (B4E) joined the Hedera Council, utilizing Hedera's network for its carbon tracking platform.
3. Hedera launched an AI Studio, an open-source software suite aimed at lowering barriers for AI-native apps while ensuring regulatory compliance.
4. A partnership with The Binary Holdings (TBH) was announced to expand Hedera's gaming presence in Southeast Asia via a decentralized app store, targeting over 169 million users.
5. The U.S. SEC began reviewing the Canary HBAR ETF, with a public comment period open until July 7, potentially increasing institutional access to HBAR.
Description
Hedera’s native token HBAR HBAR extended its rally on Sunday, trading up 2.1% to $0.1519 as of 19:56 UTC on June 30, according to CoinDesk Research's technical analysis model. The move follows a flurry of ecosystem updates that broaden Hedera’s enterprise reach and reinforce its growing footprint in AI, gaming, and sustainability. On June 24, Blockchain for Energy (B4E), a nonprofit focused on sustainability data management in the energy sector, officially joined the Hedera Governing Council. B4...
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