Analysis of HBAR Success Factors: Ecological Diversification and Institutional Support

Since 2024, the native token HBAR of the Hedera network has shown impressive price performance. As of July 23, 2025, the price of HBAR has reached $0.271, with a total market capitalization of approximately $13.5 billion, an increase of more than 6 times compared to last year's low.

There are multiple favorable factors supporting this round of price increase. First, traditional financial institutions have begun using the Hedera network for asset tokenization. By the end of 2024, several globally renowned asset management companies have issued money market fund tokens on Hedera. In early 2025, the Hedera Foundation also invested in these types of token products, further strengthening its position in the institutional-grade asset tokenization field.

On the technical level, Hedera continuously optimizes network performance through regular upgrades. The two mainnet upgrades in June and July this year enhanced the system's enterprise-level features, such as improved partition deployment flexibility and optimized storage efficiency. These improvements provide better technical support for large-scale commercial applications. At the same time, Hedera has also completed full chain open-source, enhancing project transparency.

In terms of governance structure, the HBAR Foundation has been renamed to Hedera Foundation, working alongside the Hedera Council to promote ecological development. The Council brings together over 30 industry-leading institutions, including Google and IBM, to ensure diversified balance in network governance. The Foundation focuses on supporting DeFi and innovative projects.

The growth of HBAR is also attributed to the prosperity of ecological applications. The on-chain transaction volume has reached the tens of billions, with DEX trading like SaucerSwap being active. Several banks have issued stablecoins on Hedera, promoting cross-border payment applications. The tokenization of real assets such as real estate and carbon credits is also rapidly developing on Hedera.

In addition, Hedera's recently launched "Hedera To Earn" project integrates multiple large-scale user applications, which is expected to further enhance on-chain activity.

Overall, multiple factors such as institutional adoption, technological upgrades, and ecological diversification have jointly driven the growth of HBAR. In the future, as more applications are implemented and user data accumulates, it is worth keeping an eye on whether Hedera can consolidate its position as an "enterprise-grade public chain."