Hedera (HBAR) Price Soars 18% After Nvidia Partnership
The post Hedera (HBAR) Price Soars 18% After Nvidia Partnership appeared on BitcoinEthereumNews.com.
Hedera has entered into the AI scene with a partnership with NVIDIA. HBAR price is in the spotlight and may benefit from the changing positive sentiments. HBAR, the native token of Hedera Hashgraph is currently showing a positive performance with its price up by 18%. This rally comes after a new partnership between Hedera and tech giant, Nvidia. Analysts now waiting to see if HBAR could rally further to $2.25, taking advantage of the new partnership. Nvidia Taps Partnership With Hedera Anthony Rong, Nvidia’s Regional Vice President of Engineering brought the market’s attention to the new deal in a LinkedIn post. The partnership will see Nvidia adding Hedera into its Artificial Intelligence (AI) system. By combining their tech, both firms could transform the future of decentralized AI and enterprise blockchain applications. Notably, Nvidia will utilize Hedera’s fast, secure, and energy-efficient public ledger that offers real-time, verifiable data for AI workflows. The firm hopes to provide secure, traceable, and tamper-resistant data in different industries. These include healthcare, supply chain, finance, and autonomous systems. Hedera’s network provides a strong base, high performance, and low energy utilization. Thus, the link-up between Nvidia and Hedera suggests a convergence between blockchain and AI. With this combination, the future of AI is not just smart, but decentralized, transparent, and secure. Additionally, it reinforces HBAR as a leading player among enterprise-focused chains. Hedera is now deeply rooted in two of the decade’s biggest trends: blockchain and AI. Meanwhile, Nvidia, Intel, and EQTYLab had earlier joined forces to build a powerful AI governance platform on Hedera. As highlighted in our previous article, their project, called Verifiable Compute, is the first hardware-based solution created to govern and audit AI processes. Using the Hedera Consensus Service, the system established a tamper-proof ledger that logs AI computations carried out on NVIDIA…
Filed under: News - @ April 9, 2025 10:28 am