- Hedera's key partnerships with NVIDIA and Intel aim to leverage its technology to develop Verifiable Compute, a hardware-based solution.
- Valor Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have launched the first physically backed Hedera HBAR Exchange-Traded Product (ETP) on Euronext Amsterdam.
Hedera (HBAR) enjoys prominence as it is associated with the traditional financial environment, enterprise technology sectors, and artificial intelligence. This could potentially lay the foundation for the network growth curve this year, 2025.
European markets register first physically backed Hedera ETP
Valor Digital Securities Limited (VDSL), in collaboration with The Hashgraph Group (THG), has launched the first physically backed Hedera HBAR Exchange-Traded Product (ETP) on Euronext Amsterdam. This is a groundbreaking step in making HBAR accessible to institutional and retail investors through regulated financial channels.
The product will be launched under VDSL's prospectus and will allow investors to access HBAR in a custodian-regulated manner without direct exposure to cryptocurrency investments. Olivier Roussy Newton, CEO of DeFi Technologies, the owner of Valour, added: “This listing expands the scope for institutional and retail investors to engage with Hedera’s dynamic, sustainable ecosystem.”
NVIDIA and Intel will use the hashgraph technology offered by Hedera to produce their chips. Together with EQTY Lab, according to the CNF report, the new “Verifiable Compute” was born, a hardware-based solution that complies with EU regulations for AI operations.
This logs the decentralized cryptographic certificates to verify the calculations that the AI performs on the said network so that they are correct and traceable. Scheduled for release in 2025, it will provide impenetrable records of AI processes.
What's next for the HBAR price?
Santiment ranked Hedera among the top three cryptocurrencies with the most activity in the last month, along with Internet Computer and Chainlink. According to CNF, Bloomberg's Eric Balchunas and James Seyffart highlighted that Hedera could be first in line to gain US ETF approval, putting it on the same level as Bitcoin and Ethereum.
One advantage is that the native Hedera token HBAR has not been classified as a security. In this regard, it has an advantage over some others, such as XRP or Solana, in enforcing regulatory processes.
While the focus remains on combined Bitcoin and Ethereum ETFs, Canary Capital has emerged as the sole applicant for a Hedera ETF. This signals early interest in integrating HBAR into mainstream investment portfolios.
At press time, HBAR price was at $0.2638, down 10.26% in the last 24 hours. However, the token has gained 113% in the last 30 days and 411% in the last 90 days. Hedera’s critical support level is at $0.270. Furthermore, the company is now targeting a break above the resistance at $0.31.
The HBAR price chart shows a symmetrical triangle on the 4-hour time frame. Therefore, market forecasts suggest that HBAR could target $0.37 and $0.61, with forecasts pointing to a possible rise to $1.00. Analysts attribute these price targets to:
- Growing institutional interest
- Prospects for ETF approval
- Collaboration with leading technology companies
- Sustainable development activity
- Hedera receives recognition for its tokenization innovation
In addition, Hedera's list of achievements continues to grow: according to CNF, analysts predict the HBAR price will rise to $3 by 2025. The team announced on “Most Exciting Tokenization Solution” was nominated.