Hedera HBAR Soars 49% as UK Financial Giants Drive Institutional Adoption
Hedera Hashgraph's native token HBAR surged 49% following confirmation of adoption by UK financial institutions Lloyds Bank and Aberdeen Standard. The firms are leveraging Hedera's network for a $10 billion asset settlement process, marking one of 2025's most significant enterprise blockchain implementations.
HBAR currently trades at $0.2429 with a $10.29 billion market capitalization, while trading volume jumped 26.46% to $926 million. Analysts project a Q3 target of $0.30, with bullish scenarios suggesting $0.50 by early 2026 if institutional adoption continues at this pace.
The Layer 1 blockchain differentiates itself from ethereum competitors through its unique hashgraph architecture. Market attention is now split between HBAR's enterprise growth and emerging DeFi projects like Remittix.