Hedera token (HBAR) rose by 16% over the week - what is happening with the network
Date: 2023-08-10 Author: Karina Ziganova Categories: CRYPTO PAYMENTS, IN WORLD
Recently, the Hedera token (HBAR) has been showing a steady positive trend, reacting to a favorable news background.
Hedera (HBAR) started August at $0.05188 and tested a peak at $0.063 today. At the time of publication, according to CoinMarketCap, the token is trading in the $0.06082 area.
Thus, since the beginning of this month, the Hedera token (HBAR) has risen in price by more than 16%. The unexpected growth was caused by the positive news published earlier.
Secret of success
On August 7, Hedera announced a strategic partnership with FreshSupplyCoAu (FSCO).
Fresh Supply Co is an Australian company operating at the intersection of agriculture and fintech. It helps agribusiness manage data, payments and loans.
FSCO has integrated Hedera into its Continuity API, thus linking the Hedera network with the traditional banking system and increasing its reach through integration with the Mastercard network.
Through the partnership, users will gain access not only to Hedera Foundation's forward-thinking projects, including cutting-edge Web3 and digital asset solutions, but also to the Mastercard Payment Gateway Services (MPGS) ecosystem.
Connection with artificial intelligence
Earlier it also became known that the Hedera network has integrated AI tools into its products, which are designed to simplify and improve the user experience.
After connecting via the API, users will be able to install the plugin in the ChatGPT interface and then interact with the chatbot to find out about the balance of HBAR and tokens associated with Hedera accounts.
