{"id":150859,"date":"2025-02-19T15:19:23","date_gmt":"2025-02-19T13:19:23","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=150859"},"modified":"2025-02-19T15:31:38","modified_gmt":"2025-02-19T13:31:38","slug":"hedera-hbar-price-today-hbar-loses-10-over-the-weekend-while-plutochain-attracts-whale-attention-hbar-news-today","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/hedera-hbar-price-today-hbar-loses-10-over-the-weekend-while-plutochain-attracts-whale-attention-hbar-news-today\/","title":{"rendered":"Hedera (HBAR) Price Today – $HBAR Loses 10% Over the Weekend While PlutoChain Attracts Whale Attention – HBAR News Today"},"content":{"rendered":"
While the price has slightly recovered, technical indicators suggest uncertainty, with HBAR needing a breakout above $0.248 to turn bullish.<\/span><\/p>\n At the same time, <\/span>PlutoChain ($PLUTO)<\/span><\/a> is attracting attention as a potential Layer-2 solution for Bitcoin\u2019s speed and high gas-fee issues. By processing block times in two seconds and supporting Ethereum-based applications, it could improve Bitcoin\u2019s efficiency.\u00a0<\/span><\/p>\n Here\u2019s all you need to know.\u00a0<\/span><\/p>\n HBAR is currently trading at around $0.2217 and has had a minor drop of 0.5% in the last 24 hours while its 7-day overview shows a 6.1% drop according to <\/span>CoinGecko<\/span><\/a>.<\/span><\/p>\n Hedera has seen a small rebound, but its technical indicators still show weakness. The Average Directional Index (ADX), which tracks trend strength, has dropped from 28.9 to 23 in the past three days.\u00a0<\/span><\/p>\n With the <\/span>ADX and RSI<\/span><\/a> now both on 35, Hedera\u2019s downtrend has lost stream. This could mean the selling pressure is easing, and that a clear reversal of trends has come.<\/span><\/p>\n For HBAR to turn bullish, it needs to break above $0.248. If it does, the next target would be $0.32, a 46% jump.<\/span><\/p>\n Crypto analyst and content creator, <\/span>ALLINCRYPTO<\/span><\/a>, posted on X that he believes Hedera is going to go to $0.50 before possibly reaching $2.\u00a0<\/span><\/p>\n Bitcoin has long struggled with slow transactions, high fees, and network congestion. While blockchains like Ethereum and Solana have adopted solutions to improve scalability, Bitcoin\u2019s infrastructure has remained largely unchanged.\u00a0<\/span><\/p>\n Some believe <\/span>PlutoChain ($PLUTO)<\/span><\/a>, a Layer-2 network, could offer a way to enhance Bitcoin\u2019s efficiency without modifying its core design.<\/span><\/p>\n One possible advantage of <\/span>PlutoChain <\/span><\/a>is speed. Bitcoin takes around 10 minutes to confirm a block, but PlutoChain finalizes blocks in just two seconds by processing them off-chain before finalizing them on Bitcoin\u2019s network.\u00a0<\/span><\/p>\n If successful, this might make Bitcoin more practical for everyday use, international payments, and smaller transactions. Lower fees are another potential benefit\u2014by handling transactions more efficiently, <\/span>PlutoChain <\/span><\/a>could make Bitcoin more accessible to users who want to avoid high costs.<\/span><\/p>\n PlutoChain <\/span><\/a>also claims full <\/span>Ethereum Virtual Machine (EVM) compatibility<\/span><\/a>, which could allow Ethereum-based applications\u2014like DeFi protocols, NFT marketplaces, and AI-driven platforms\u2014to integrate with Bitcoin. If widely adopted, this could expand Bitcoin\u2019s role beyond just a store of value.<\/span><\/p>\n Early tests suggest <\/span>PlutoChain <\/span><\/a>can handle high transaction volumes, reportedly processing over 43,000 transactions in a single day without issues. Security rema=<\/span><\/p>\n The platform also promotes decentralized governance, letting the community influence key decisions. While it\u2019s still early, PlutoChain <\/a>could be a step toward making Bitcoin more scalable and efficient in the future.<\/p>\nCould HBAR Recover From a Recent Drop in Price?<\/b><\/h2>\n
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Could PlutoChain ($PLUTO) Help Bitcoin Overcome Its Biggest Challenges?<\/b><\/h2>\n
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