Many people may not know

The third cryptocurrency project in the U.S. through ETFs is called HBAR

Behind it is @Hedera , a Layer 1 public chain primarily serving institutions and governments

The governance ecology is composed of 39 top institutions, including IBM, LG, Google, and the HEDERA COUNCIL, whose strong background resources create many favorable expectations

In addition to tokenizing the assets of major Wall Street institutions like BlackRock and Fidelity on-chain through Archax, they also collaborated with the official government of Wyoming to launch FRNT for applications in areas such as taxation

This is the power of resources, but from another perspective, it also indirectly proves the technical strength of HEDERA

HBAR's current FDV is 5 billion USD, while Solana's FDV is 50 billion USD, a significant difference between the two

HBAR focuses on institutional-grade L1 application chains and has currently achieved the largest global scale, completely different from Solana's development direction

In terms of potential, if regular troops continue to enter the market in the future, HBAR's advantages may be discovered by the market, after all, there are only a few projects that have gone through ETFs in the U.S., and the market capitalization comparison to these public chains is indeed not high

Moreover, from a technical advantage perspective

The two co-founders of HBAR, Mance Harmon and Leemon Baird, previously held senior positions at Motorola, coming from a large company background. Especially, Leemon Baird also served as a computer professor at the U.S. Air Force Academy.

Team strength represents technical level, and for HBAR to be pushed to ETFs by institutions, it is certainly because institutions find the project reliable, and then comes the interest relationship.

It can be worth keeping an eye on; I still think there is hope. #HBAR