Hedera (HBAR) Surges Amid AI Partnerships, Potential for New Highs Suggested by Analysts

Key Points

1. Hedera (HBAR) surged 24.7%, reaching a four-month peak of $0.258, with a 56.6% weekly increase, briefly surpassing Chainlink in market cap.

2. Key collaborations with EQTY Lab, NVIDIA, SCAN UK, and Accenture Public Sector are driving HBAR's momentum, focusing on verifiable compute infrastructure for AI systems.

3. HBAR's inclusion in the Grayscale Smart Contract Platform Fund and listing on Kraken exchange have further boosted investor confidence.

4. Analysts project HBAR could reach $0.70, surpassing its previous all-time high of $0.56, contingent on sustained market conditions.

5. The broader 'Made in USA' cryptocurrency segment, including HBAR, has seen a 6% rise in market cap to $496 billion.