Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Wall Street Rallies as AI Hype Meets Earnings Reality

    July 21, 2025

    Kraken criticized for Dave Portnoy sponsorship after token pump and dumps

    July 21, 2025

    Bitcoin Lightning bug allows remote theft of bitcoin via LND nodes

    July 21, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram LinkedIn
    Ai Crypto TimesAi Crypto Times
    • Altcoins
      • Coinbase
      • Litecoin
      • Bitcoin
    • Ethereum
    • Crypto
    • Blockchain
    • Lithosphere News Releases
    Ai Crypto TimesAi Crypto Times
    Home » HBAR price soars as South Korean trading app Salt launches on Hedera
    Altcoins

    HBAR price soars as South Korean trading app Salt launches on Hedera

    Benjamin LeeBy Benjamin LeeJuly 11, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Hedera and Bitcoin

    • 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 Bitcoin’s 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 Lab’s Verifiable Compute, SCAN UK, Accenture Public Sector, and Hedera.

    Could these developments spark further adoption for HBAR and hence boost the token’s price?

    Hedera (HBAR) price spikes amid Salt beta launch

    Salt’s beta version is going live on Hedera, a move the Hedera Foundation announced early Friday.

    The integration has catalyzed a notable increase in HBAR’s price, which is up 15% in the last 24 hours and over 32% higher over the past week.

    Salt’s integration on Hedera is eyeing the MemeFi space, the Hedera Foundation said.

    The South Korea-based app will leverage the Hedera network’s scalability and efficiency, offering users access to over 30 chains and major decentralized exchanges (DEXs).

    It’s 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 🇰🇷 pic.twitter.com/9YtKLIDn1W

    — Hedera Foundation (@HederaFndn) July 11, 2025

    The strategic importance of this partnership is that it expands Hedera’s presence in the Asia Pacific region. It will make DeFi on Hedera “fast, familiar, and fun”.

    “SALT is a mobile trading app on Hedera that makes DeFi feel fast, familiar, and fun. One-click wallets get you in, smart routing gets you the best trade, and a clean interface keeps you moving,” Hedera Foundation posted on X.

    This broad connectivity is expected to attract a diverse user base, fostering increased trading activity and liquidity for HBAR.

    Additionally, Salt’s reward system, which allows traders to earn points through swaps, referrals, and engagement, further incentivizes user participation, potentially driving demand for HBAR.

    Hedera price prediction

    As well as the overall Bitcoin-driven bullish sentiment, the surge in HBAR’s price is getting upward support from recent Hedera ecosystem milestones.

    One of these is an announcement that sees the NVIDIA Blackwell platform support EQTY Lab’s Verifiable Compute deployment.

    Per an announcement, the collaboration also involves computer hardware suppliers SCAN UK and Accenture Public Sector.

    The EQTY Lab’s initiative is built on Hedera, adding to the potential adoption exposure for HBAR.

    According to market analysts, HBAR price can target the robust resistance level at $0.37 if bulls go higher.

    Further legs up will bring the all-time high of $0.57, achieved in September 2021, into view as a potential short-term target.

    However, the key support levels remain around $0.13.




    Share this article

    Categories

    Tags





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Benjamin Lee

    Related Posts

    Solana price prediction: SOL targets breakout above $200

    July 21, 2025

    Kaspa price climbs 10% on Layer 2 rollout, forms double-bottom pattern

    July 21, 2025

    $12,950,000,000,000 Crypto Market Cap Incoming As Massive Euphoria Phase Unfolds, Predicts Economist Henrik Zeberg – Here’s His Outlook

    July 21, 2025
    Leave A Reply Cancel Reply

    Our Picks
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Wall Street Rallies as AI Hype Meets Earnings Reality

    Crypto July 21, 2025

    Stocks climbed toward record highs on Monday as investors looked past tariff tensions and focused…

    Kraken criticized for Dave Portnoy sponsorship after token pump and dumps

    July 21, 2025

    Bitcoin Lightning bug allows remote theft of bitcoin via LND nodes

    July 21, 2025

    Maker DAO drama flares amid proposal to tackle ‘governance attack’

    July 21, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Ethereum devs publish EIP-7809 proposal for native tokens

    July 6, 2025

    Bears watch MicroStrategy ahead of NASDAQ 100 inclusion

    July 11, 2025

    Trader Says the Time To Be Bullish on Altcoins Is Here, Updates Outlook on Bonk and One Other Solana-Based Memecoin

    July 3, 2025
    Recent Posts

    Wall Street Rallies as AI Hype Meets Earnings Reality

    July 21, 2025

    Kraken criticized for Dave Portnoy sponsorship after token pump and dumps

    July 21, 2025

    Bitcoin Lightning bug allows remote theft of bitcoin via LND nodes

    July 21, 2025

    Type above and press Enter to search. Press Esc to cancel.