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VanEck’s latest report spotlights Hedera (HBAR) as a standout altcoin, citing a 70% price surge in July driven by institutional adoption and network growth. Key partnerships and tokenization initiatives are fueling Hedera’s rise, with stablecoin supply also booming. The Reserve Bank of Australia and UK-based Archax are among the notable adopters.
- Hedera's price surged 70% in July due to institutional adoption and network growth.
- Archax plans to use Hedera for settlement and tokenized money market funds.
- Stablecoin supply on Hedera, led by USDC, has expanded significantly.
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