$$HBAR As the chart shows significant strength recently, excitement around HBAR crypto is building as the market continues to perform well. Hedera recently announced a new era with numerous enhancements to its ecosystem and identity. Hedera Foundation Identity RebrandHedera HBAR crypto appears to be primed for another huge run. It is a blockchain-like public network to power DApps and build peer-to-peer (P2P) payment. It’s been around since 2019 and has run through a lot of challenges over the years. With all this experience, the Hedera team recently announced a fresh identity, strategic upgrades, and new leadership.The most significant identity shift was from HBAR Foundation to Hedera Foundation, now led by Charles Adkins. With an impressive background, Adkins brings extensive experience, having served as senior marketing specialist at NIKE and vice president at Polygon.Also rebranding the council From Hedera Governing Council to Hedera Council, with Tom Sylvester now serving as president. Though the identity and leader changed, they promised to have the same core focus on governance and enterprise adoption.These two entities remain independent and continue to serve distinct roles but are now aligned under the same Hedera brand. It definitely provides better clarity to those in, or looking to join, the Hedera ecosystem. Looking at the monthly HBAR chart shows small volatility with constant ranging between 0.17 – 0.20 levels. Key zone 0.22-0.20 has served as a major resistance zone for HBAR. Its all time high is 0.5, reached in September 2021. The circulating supply of HBAR at that time was around 11.4 billion tokens. Currently it has 84% of its total supply unlocked and released to the market.

At the time of writing, Hbar is currently at 0.19, which puts it at an 8.58B market cap. It has over 234.14M daily volume across all exchanges. It’s listed on all of the major exchanges, Binance and Coinbase included. If Hedera breaks through any resistance levels, especially near previous highs, it could move toward new all-time highs.#writetoearn