- HBAR price rose 15% to hit highs of $0.20 as Bitcoin jumped to a new all-time high.
- Salt app launch on Hedera amid overall bullish sentiment could push HBAR price to key resistance at $0.37.
- The all-time high of $0.57 reached in September 2021 is a potential short-term target.
HBAR, the native token of Hedera, has jumped by more than 15% in the past 24 hours to hit highs of $0.20.
This comes amid Bitcoins spike and news related to the launch of Salt, a South Korean-based mobile trading application on Hedera.
The token is also up amid the recent announcement of a milestone integration involving NVIDIA Blackwell, EQTY Labs Verifiable Compute, SCAN UK, Accenture Public Sector, and Hedera.
Could these developments spark further adoption for HBAR and hence boost the tokens price?
Hedera (HBAR) price spikes amid Salt beta launch
Salts beta version is going live on Hedera, a move the Hedera Foundation announced early Friday.
The integration has catalyzed a notable increase in HBARs price, which is up 15% in the last 24 hours and over 32% higher over the past week.
Salts integration on Hedera is eyeing the MemeFi space, the Hedera Foundation said.
The South Korea-based app will leverage the Hedera networks scalability and efficiency, offering users access to over 30 chains and major decentralized exchanges (DEXs).
Its great to see that @saltapp_xyz, the South Korean-based trading application, has launched its beta on @Hedera to help expand the MemeFi ecosystem across APAC and beyond
