Hedera Token’s Price (HBAR) Gains on Fed Move

Hedera Hashgraph’s HBAR token took the lead amongst main cryptocurrencies on Monday with a acquire of 15% during the last 24 hours, after the U.S. Federal Reserve’s FedNow added a Hedera Hashgraph-based micropayments platform, Dropp, as a service supplier. FedNow is an prompt cost service supplier developed by the Fed for depository establishments within the U.S. Hedera is a public distributed ledger primarily based on a Hashgraph algorithm that the corporate says permits customers to course of transactions rapidly and cheaply. Bitcoin and ethereum have been buying and selling flat on Monday after buying and selling in a decent vary over the weekend.