According to the news from Bijie.com, on December 3, the native token of the Hedera network, HBAR, rose 21.89% in the past 24 hours and is now at $0.3480. According to media information, HBAR has performed well in the Korean won market of the Upbit platform, with a 24-hour trading volume of $1.374 billion, second only to XRP/KRW.   Factors that have recently driven HBAR's strong performance include the HBAR ETF application submitted by Canary. The ETF will track the native assets of the Hedera network, triggering widespread market discussion on the future potential of HBAR. At the same time, Hedera relies on the efficiency and decentralized security provided by Hashgraph technology to enable its ecosystem to continue to attract the attention of institutional investors and developers. According to Coingecko data, the overall trading volume of the Upbit platform reached $18.5 billion in the past 24 hours, a month-on-month increase of 46%. Among them, tokens such as HBAR have become the main driving force for the growth of trading volume. Sources pointed out that with the expansion of Hedera’s application scenarios and the addition of financial instruments (such as ETFs), HBAR’s attractiveness among institutional investors will be further enhanced, and its upward momentum may continue in the future.

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