Arrow Electronics, a $28 billion tech giant, has joined the Hedera Governing Council, sparking renewed interest in HBAR. The cryptocurrency is currently trading at approximately $0.2307, with traders eyeing a potential breakout from a tightening price pattern. Arrow aims to leverage Hedera's technology to enhance supply chain efficiency, though no direct integration of the HBAR token has been confirmed. This partnership adds to Hedera's robust ecosystem, which includes major enterprises like Google, IBM, and LG. Technical analysts are monitoring HBAR for a breakout above $0.24–$0.245, which could propel the price to $0.27 or $0.31.
Arrow Electronics Joins Hedera Council, HBAR Eyes Breakout
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.