Hedera (HBAR) Soars 24%, Overtakes Litecoin Following Swift Partnership Confirmation

• Hedera (HBAR) experiences a 24% price surge, climbing to the 11th spot globally and surpassing Litecoin (LTC)
• The rally follows Swift’s announcement of integrating Hedera’s blockchain across North America, Europe, and Asia
• HBAR faces resistance at $0.284, the February 3rd high, with a breakout potentially leading to further upside

Hedera (HBAR) is making waves in the crypto market, recording a massive 24% price surge in just a few hours. This explosive growth has propelled HBAR to the #11 spot globally, surpassing Litecoin (LTC) in market capitalization.

Hedera (HBAR) Soars 24%, Overtakes Litecoin Following Swift Partnership Confirmation 4

As of now, HBAR is trading at $0.2355, backed by a staggering 55% surge in trading volume, which has reached $1.24 billion in the past 24 hours. Meanwhile, its market capitalization has soared to $8.46 billion, reflecting strong investor confidence and institutional interest.

Swift Confirms Major Blockchain Adoption

The surge comes on the heels of a major announcement, Swift, the world’s leading financial messaging network, has confirmed plans to integrate Hedera’s blockchain technology across North America, Europe, and Asia.

Dylan Brady, CEO of Tosho.io, revealed that Swift will begin live blockchain trials using Hedera’s technology this year, with full-scale implementation expected in 2025.

This marks a major validation for Hedera, signaling increasing institutional adoption and positioning the network as a key player in global financial transactions. Swift’s involvement could revolutionize cross-border payments and strengthen Hedera’s position as a leading enterprise-grade blockchain.

HBAR Price Prediction: Will the Rally Continue?

From a technical standpoint, HBAR is trading within a key range, with $0.284, the February 3rd high, acting as the next major resistance level. A successful breakout above this level could trigger further upside momentum, setting the stage for new yearly highs.

Hedera (HBAR) Soars 24%, Overtakes Litecoin Following Swift Partnership Confirmation 5

With increasing adoption, institutional backing, and bullish market sentiment, HBAR’s uptrend appears far from over. Traders and investors are closely watching the next price movements, with expectations of further gains in the coming weeks.

As blockchain adoption accelerates in the traditional financial sector, Hedera’s role in revolutionizing global payments is becoming more evident. If Swift’s trials prove successful, HBAR could be on the verge of even greater price appreciation.

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