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$HBAR Surges 20% Amid Enterprise News and Analyst Predictions

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Hedera's HBAR token has surged over 20% in the past 24 hours, touching $0.1306 before pulling back to around $0.118.

The move coincided with enterprise news from Hedera, including the listing of The Hashgraph Group's IDTrust platform on IBM Cloud Catalog and Hedera's contribution of a cross-ledger protocol to Linux Foundation Decentralized Trust.

IDTrust uses decentralized identifiers and verifiable credentials anchored on Hedera, allowing organizations to verify whether autonomous software is authorized to act for a person or business.

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