Crypto Asset Management Vaneck says that Altcoin Project has gone main signs of institutional adoption.
In new a reportVANECK highlights the growth of the HEDERA (HBAR) ecological system, which the company notes in July, an increase in prices exceeding 70 % due to a “wave of partnerships, network growth, and the expansion of institutional legitimacy”.
The name of you are several Examples of the remarkable adoption of the HEDERA network in July, including the Australian Reserve Bank Aquassia projectWhich aims to explore the development of the Australian sentence symbol Asset markets.
Archax, the first global digital asset exchange in the United Kingdom, announced that it will start using the HEDERA for settlement purposes, and a Vaneck memory.
“In the late July, the distinguished symbolic symbol has created a symbolic contract that was called Blackrock, Fidelity ILF, State Street, Abeerdeen Investments and LGIM. CEO of Archax confirmed that these money that can deal with the network in HBAR in early But it is still an interest in the field of real dates. “
According to Vanik, Stablecoin Supply exploded on Hedra. Defillalama data He appears Stablecoins from Hedra is almost fully paid by USDC Circle.
“HEDERA’s activity on the series was strong as Hedra transactions rose as Stablecoins on Blockchain.”
At the time of writing this report, HBAR is trading at $ 0.24 with a maximum market for $ 10.3 billion.
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