💥The double face of #hbar ...

HBAR, the token of Hedera, suffered a sharp drop of 19%, reflecting the instability in the cryptocurrency market. Despite this setback, the coin maintains solid monthly gains driven by growing institutional interest.

Optimism is centered on two fronts. On one hand, the expectation for Hedera ETFs, with one application already under review by the SEC, could unlock a new wave of demand. On the other hand, real-world adoption reinforces its long-term value; a key example is the use of the Hedera network for testing a digital currency by the Australian government.

While the technical outlook suggests possible consolidation, the backing of government projects and speculation about the ETFs provide a counterbalance, indicating that the potential of $HBAR goes beyond short-term fluctuations.