Hedera HBAR Surges 49% as UK Banks Embrace Blockchain

Blockchain is no longer just a buzzword. It’s becoming a real part of the financial world, especially in the UK. One of the biggest winners in this shift is Hedera, a public blockchain network powered by its token, HBAR. Recently, HBAR jumped 49% in value after several UK banks began testing blockchain tools using Hedera. This isn’t just a price pump. It signals a major move toward digital transformation in traditional finance.

What is Hedera?

Hedera is a next-generation blockchain network. But technically, it’s not built on a blockchain. It uses hashgraph technology, which is faster, more secure, and more energy-efficient. Its native token, HBAR, powers the network. Hedera is designed for real-world use cases in finance, healthcare, identity, and more.

One thing that sets Hedera apart is its Governing Council. This group includes companies like Google, IBM, and Standard Bank. These members help make decisions about the network and ensure its long-term stability.

Why Are UK Banks Turning to Blockchain?

UK banks are under pressure. Customers want faster service, more security, and better digital tools. Traditional banking systems often rely on slow, outdated software. That’s where blockchain comes in. It allows for real-time transactions, transparent auditing, and enhanced security.

Blockchain also helps with cost-cutting. By removing middlemen and reducing fraud, banks can save billions each year. So it’s no surprise they’re looking into Hedera’s tech.

The UK Banking Shift

Some major names in UK banking are now part of a trial program exploring blockchain. This includes both commercial and investment banks. They’re not just experimenting. They’re trying to build the future of finance, one that’s faster, safer, and more digital.

These banks are looking at everything from asset tokenization to faster settlements. Hedera is playing a big role in making that happen.

The Role of the Digital Securities Sandbox

The UK’s Financial Conduct Authority (FCA) has set up a Digital Securities Sandbox (DSS). This sandbox is a safe place for financial institutions to test blockchain and digital asset tools without risking public funds.

The sandbox is important because it gives companies legal room to innovate. It’s also backed by the UK government, which adds legitimacy and encourages more banks to participate.

Hedera’s Involvement in the Sandbox

Hedera is one of the few blockchain networks selected for this sandbox program. That’s a big deal. It shows the government and banks trust Hedera’s technology. They believe it’s secure, scalable, and ready for real-world use.

This also boosts Hedera’s image worldwide. Being part of an official program helps build trust with other institutions, investors, and developers.

Use Cases Being Tested

So, what exactly are banks doing with Hedera?

• Asset Tokenization: Turning real-world items like stocks or property into digital tokens.
• Real-Time Settlements: Moving money instantly instead of waiting days.
• Digital Identity: Verifying users securely using decentralized ID systems.

All of this helps banks work faster, reduce fraud, and stay competitive.

The 49% Surge in HBAR Value

After the news broke about UK banks using Hedera, the price of HBAR shot up by 49% in just a few days. This kind of move doesn’t happen often unless something big is brewing.

The sudden jump came as traders realized Hedera was now linked to regulated, real financial projects. That’s a major confidence boost.

Investor Sentiment

Social media exploded. Reddit, Twitter, and Discord groups were full of excited chatter. Investors who had been holding HBAR for a while finally saw validation. Meanwhile, new buyers jumped in, hoping to catch the next wave.

Trading volume on exchanges like Binance and Coinbase increased sharply. It wasn’t just hype; it was driven by real news and real adoption.

Comparison with Other Blockchain Projects

You might wonder: why Hedera? Why not Ethereum, Solana, or Polygon?

The answer lies in its tech. Hedera uses hashgraph, which is different from blockchain. It processes thousands of transactions per second, has low fees, and doesn’t need energy-heavy mining. That’s why it’s attractive to banks and governments looking for efficiency.

Potential Long-Term Impact

If these trials are successful, we could see wide-scale blockchain use in UK finance. That would mean millions of users interacting with Hedera-backed services. HBAR could become one of the most used tokens in the world, not just for trading, but for daily banking.

And it won’t stop in the UK. Other countries are watching closely. If this works, they might follow.

Risks and Considerations

Of course, there are risks. Regulatory changes could slow things down. There’s also the possibility that banks might switch to another network if Hedera doesn’t scale well.

Investors should stay cautious. While the news is promising, crypto markets are still volatile.

Expert Opinions

Many analysts have praised Hedera’s inclusion in the FCA sandbox. According to AInvest, this move could make Hedera one of the top platforms for institutional use.

Other financial analysts see this as a major shift, proof that blockchain isn’t just a trend, but a tool banks are seriously investing in.

Future of Hedera in Financial Services

Looking ahead, Hedera may expand beyond the UK. Financial hubs like Singapore, the UAE, and Switzerland are also exploring blockchain tools. Hedera’s current success could help it gain traction globally.

Its growing list of partners, strong tech, and real-world use cases position it well for the future.

Final Thoughts 

Hedera is no longer just another crypto project. With UK banks now exploring their tools and the price of HBAR soaring, it’s clear the world is starting to pay attention. While there are still questions to answer, the signs are strong. Hedera could play a key role in the future of global finance, starting with the UK.

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Disclaimer:

This content is made for learning only. It is not meant to give financial advice. Always check the facts yourself. Financial decisions need detailed research