$HBAR Crypto Price Prediction – Hitachi Collaboration With Hedera for Sustainable Advancements

Hitachi joins Hedera Council, aiming to create proof-of-concepts for end-to-end supply chain and sustainability solutions on Hedera within the next year.

Hitachi enriches the Council with enhanced capabilities, bolstering the network with technical and research strengths. As a pioneer in innovation-driven industrial use cases, Hitachi stands out as a distinctive and valuable addition.

Leveraging their technological prowess, Hitachi and its affiliates have successfully applied blockchain solutions in diverse areas such as payment systems, supply chains, predictive maintenance, and mining.

Additionally, Hitachi contributes expertise in machine learning and generative AI technologies, further expanding the Council’s diverse knowledge base.

The Hedera Wallet Snap Integration Transforms Accessibility

The Hedera network unveils the Hedera Wallet Snap, a groundbreaking integration linking the open-source Hedera proof-of-stake (PoS) network with MetaMask, a leading cryptocurrency wallet boasting 30 million monthly users.

Developed by Tuum Technologies, a decentralized identity solutions pioneer, the Hedera Wallet Snap marks a significant stride in enhancing accessibility to Hedera’s features.

This custom MetaMask Snaps plugin enables seamless incorporation of Hedera functionalities into MetaMask applications, expanding their capabilities.

1/ We are excited to announce the launch of #Hedera Wallet Snap for @MetaMask – launched by @SwirldsLabs & @TuumTech to enable the seamless integration of Hedera into MetaMask-based decentralized applications servicing >30M monthly active users. #Davos2024https://t.co/k1AmE4PfZC

— Hedera (@hedera) January 16, 2024

The collaboration simplifies processes for developers and advances decentralized technologies toward mainstream adoption, aligning with the shared vision of the HBAR Foundation.

This integration not only benefits developers but also unlocks myriad opportunities for users and companies to directly engage with the Hedera network through MetaMask applications.

$HBAR Price Prediction

As of today, January 20th, Hedera is valued at $0.075, with a 24-hour trading volume of $48.08 million and a market cap of $1.13 billion. Its highest recorded price was on Sep 15, 2021, at $0.567. The past week saw a 5.21% drop, and a 14.32% decline occurred throughout the month.

Hedera is trading below the 50-day and 200-day Exponential Moving Averages (EMAs) at $0.064 and $0.0577, respectively, indicating a lack of support for the current price trend. For a bullish comeback, bulls must elevate and sustain the price above these key EMAs.

However, the sellers appear more assertive than buyers. Hedera’s 14-day RSI sits at 43.30, signifying a neutral state. A forecast predicts Hedera to fluctuate within the range of $0.058 and $0.076.

Find the comprehensive analysis of $HBAR crypto price predictions in the video above and subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related content. Jacob also manages a Discord server with 20,000 members, providing trading tips and insights into upcoming crypto presales.

Conclusion

Hitachi America, Ltd., the latest addition to the Hedera Council, brings industrial solutions expertise, while the introduction of the Hedera Wallet Snap marks a noteworthy advancement in blockchain and decentralized finance.

This integration, connecting Hedera with MetaMask’s widespread user base, not only boosts the functionality of both platforms but also marks a significant move towards mainstream adoption of blockchain technologies.

As the Hedera network expands, this development sets the stage for enhanced accessibility, efficiency, and innovation within the decentralized ecosystem.

While Hedera shows promising growth ahead, the latest coin in presale offers significant potential for 10-100x returns. Check out our articles on the best crypto presales to buy now.

Related

• Next Cryptocurrency to Explode Wednesday, January 17 – Hedera, Xai, Sei
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• Hedera Price Prediction for 2024 – Is $HBAR Price Getting Ready for a Bullish Rally?

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