HBAR surged 25% in a day to $0.13 following IBM partnership for digital identity and BlackRock's tokenization efforts on Hedera.
RWA & Tokenization ·
HBAR jumped roughly 25% in a day to $0.13, marking a 60% two-week gain and pushing its market cap above $5 billion, as IBM and the Hashgraph Group announced a partnership to deploy Hedera-based digital identity solutions while BlackRock moved its US Treasury Money Market Fund tokenization to Hedera. Market analysts cited the moves as catalysts for further upside, though the token's Relative Strength Index reading above 70 indicates overbought conditions that could precede a near-term pullback.