Close Menu
    Facebook X (Twitter) Instagram
    Friday, July 11
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » HBAR price soars as South Korean trading app Salt launches on Hedera
    Altcoins

    HBAR price soars as South Korean trading app Salt launches on Hedera

    Benjamin LeeBy Benjamin LeeJuly 11, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Hedera and Bitcoin

    • HBAR price rose 15% to hit highs of $0.20 as Bitcoin jumped to a new all-time high.
    • Salt app launch on Hedera amid overall bullish sentiment could push HBAR price to key resistance at $0.37.
    • The all-time high of $0.57 reached in September 2021 is a potential short-term target.

    HBAR, the native token of Hedera, has jumped by more than 15% in the past 24 hours to hit highs of $0.20.

    This comes amid Bitcoin’s spike and news related to the launch of Salt, a South Korean-based mobile trading application on Hedera.

    The token is also up amid the recent announcement of a milestone integration involving NVIDIA Blackwell, EQTY Lab’s Verifiable Compute, SCAN UK, Accenture Public Sector, and Hedera.

    Could these developments spark further adoption for HBAR and hence boost the token’s price?

    Hedera (HBAR) price spikes amid Salt beta launch

    Salt’s beta version is going live on Hedera, a move the Hedera Foundation announced early Friday.

    The integration has catalyzed a notable increase in HBAR’s price, which is up 15% in the last 24 hours and over 32% higher over the past week.

    Salt’s integration on Hedera is eyeing the MemeFi space, the Hedera Foundation said.

    The South Korea-based app will leverage the Hedera network’s scalability and efficiency, offering users access to over 30 chains and major decentralized exchanges (DEXs).

    It’s great to see that @saltapp_xyz, the South Korean-based trading application, has launched its beta on @Hedera to help expand the MemeFi ecosystem across APAC and beyond 🇰🇷 pic.twitter.com/9YtKLIDn1W

    — Hedera Foundation (@HederaFndn) July 11, 2025

    The strategic importance of this partnership is that it expands Hedera’s presence in the Asia Pacific region. It will make DeFi on Hedera “fast, familiar, and fun”.

    “SALT is a mobile trading app on Hedera that makes DeFi feel fast, familiar, and fun. One-click wallets get you in, smart routing gets you the best trade, and a clean interface keeps you moving,” Hedera Foundation posted on X.

    This broad connectivity is expected to attract a diverse user base, fostering increased trading activity and liquidity for HBAR.

    Additionally, Salt’s reward system, which allows traders to earn points through swaps, referrals, and engagement, further incentivizes user participation, potentially driving demand for HBAR.

    Hedera price prediction

    As well as the overall Bitcoin-driven bullish sentiment, the surge in HBAR’s price is getting upward support from recent Hedera ecosystem milestones.

    One of these is an announcement that sees the NVIDIA Blackwell platform support EQTY Lab’s Verifiable Compute deployment.

    Per an announcement, the collaboration also involves computer hardware suppliers SCAN UK and Accenture Public Sector.

    The EQTY Lab’s initiative is built on Hedera, adding to the potential adoption exposure for HBAR.

    According to market analysts, HBAR price can target the robust resistance level at $0.37 if bulls go higher.

    Further legs up will bring the all-time high of $0.57, achieved in September 2021, into view as a potential short-term target.

    However, the key support levels remain around $0.13.




    Share this article

    Categories

    Tags





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHow To DCA (Dollar Cost Average) To Any Solana Token (July 2025)
    Next Article Cheap token under $0.0015 positioned to outperform DOGE
    Benjamin Lee

    Related Posts

    Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

    July 11, 2025

    Crypto Analyst Says Solana Rival on Cusp of Breakout, Updates Outlook on Bitcoin and Ethereum

    July 11, 2025

    PEPE gains 15%, leading top memecoins as WIF and BONK eye a rally

    July 11, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    RICH Miner’s plan targets stable crypto appreciation

    Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

    Banana Gun Bot Sniper — How To Easily Snipe Token Launches On ETH, Base or Blast (July 2025)

    BullX Tron — Telegram Trading Bot for TRON (TRX) – Try NOW! (July 2025)

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    RICH Miner’s plan targets stable crypto appreciation

    July 11, 2025

    Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

    July 11, 2025

    Banana Gun Bot Sniper — How To Easily Snipe Token Launches On ETH, Base or Blast (July 2025)

    July 11, 2025
    Lithosphere News Releases

    AGII Refines Web3 Utility Modules to Improve Platform Efficiency

    July 11, 2025

    Imagen Network Deploys XRP-Based Modules to Expand Liquidity Support for Web3 Social Frameworks

    July 11, 2025

    Imagen Network (IMAGE) Launches RLUSD-Based Components for Stable AI-Powered Social Transactions

    July 10, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.