Explosion To $10 Coming For HBAR? PlutoChain Attracts Whale Interest
The post Explosion To $10 Coming For HBAR? PlutoChain Attracts Whale Interest appeared on BitcoinEthereumNews.com.
Hedera (HBAR) has started 2025 on a high note. It climbed 8% in the past 24 hours to $0.3383 and is gaining momentum with increased whale activity and innovative partnerships. From its three-year high of $0.369 in late 2024 to current breakthroughs like integrating Chainlink and collaborating with NVIDIA, HBAR is solidifying its position as a blockchain leader. The big question now is whether Hedera can reach the $10 mark in 2025. Another project that has whales interested is PlutoChain ($PLUTO), an innovative Layer-2 solution that could bring faster transactions and improved scalability to Bitcoin. Let’s look at the deets on both projects. Will Hedera (HBAR) Break the $10 Barrier in 2025? Hedera (HBAR) is currently trading at about $0.3383, up 8.0% in the past 24 hours. It has a market cap of approximately $12.58 billion, which places it as the 20th largest cryptocurrency. Its Total Value Locked (TVL) in DeFi protocols is around $169.92 million, which shows steady ecosystem growth. There are currently about 38 billion HBAR tokens in circulation. The all-time high (ATH) for HBAR was $0.5692, which it reached on September 15, 2021. The RSI is currently at 69, which puts HBAR on the cusp of the overbought zone. Hedera has teamed up with big names like NVIDIA and Intel to create “Verifiable Compute,” a hardware-based solution for supercharging enterprise AI applications. On top of that, they’ve integrated Chainlink’s Data Feeds and Cross-Chain Interoperability Protocol (CCIP) into their ecosystem. This move gives developers the tools they need to build more advanced and innovative dApps. Hedera’s Governing Council has approved a massive allocation of 4.86 billion HBAR (about $408 million) to drive ecosystem development and strengthen decentralized governance. In late 2024, HBAR’s price shot up by over 120% in just a week, and reached a three-year high of…
Filed under: News - @ February 8, 2025 5:23 am