HBAR Soars 22.66% After Staking ETP Launch, Institutional Inflows, and Grayscale Inclusion Fuel Rally

HBARUSDT has experienced a significant price increase of 22.66% over the past 24 hours, with the current price at 0.28361 USDT on Binance. This surge is primarily attributed to several recent developments: the launch of the first staking Hedera ETP on the SIX Swiss Exchange, which has driven institutional interest and investor inflows; Hedera's strategic partnerships, notably its role as the ledger layer for Verifiable Compute in collaboration with major technology firms; and the inclusion of HBAR in Grayscale's smart contract platform fund. These factors, combined with a substantial rise in Total Value Locked (TVL) and strong bullish sentiment among traders (66.02% holding long positions), have contributed to increased trading activity and positive price momentum.

Market activity has been robust, with 24-hour trading volume exceeding $1.5 billion and HBAR's market capitalization reaching approximately $12.17 billion, ranking it among the top 15 cryptocurrencies. The asset has shown a 36.01% gain over the past week and a 51.52% increase over the past month, reflecting heightened investor participation and strong upward momentum.