Hedera's HBAR token has surged 80% to over $0.18 following a strategic partnership with Verra, a leader in carbon credits. This collaboration aims to digitize more than 20 carbon methodologies by the end of 2025 using Hedera's blockchain, which is expected to enhance transparency and automation in carbon credit tracking.
The price increase comes after HBAR fell to $0.10 during a market downturn on October 11. Analysts suggest that if the $0.184 support level holds, there could be further upside potential for the token.
Hedera HBAR Jumps 80% on Verra Partnership for Carbon Credit Digitization
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