Hedera HBAR Skyrockets 50% as Major Financial Institutions Adopt Hedera for Tokenized Assets
Hedera Hashgraph's native token HBAR surged nearly 50% this week to $0.23, with its market cap nearing $10 billion. This rally follows significant adoption by Lloyds Bank and Aberdeen Investments, which used Hedera's blockchain for regulated settlement of tokenized money market funds and UK gilts.
Technical analysis indicates potential upside to $0.70 as institutional investment grows. The Lloyds-Aberdeen transaction represents one of the first fully regulated tokenized deals on a public ledger in the UK, confirming Hedera's enterprise-ready infrastructure for financial markets.
In related news, the Hedera Foundation partnered with Accenture to develop AI solutions for government agencies, expanding Hedera's real-world applications beyond finance.
