Hedera has made its move into the AI sector through a collaboration with NVIDIA. The HBAR token is gaining attention as positive sentiments shift, potentially enhancing its value. Currently, HBAR, the native cryptocurrency of Hedera Hashgraph, has demonstrated a strong performance, witnessing an 18% increase in its price. This event follows a recent collaboration between Hedera and the technology powerhouse, Nvidia. Analysts are keen to observe whether HBAR will rise further to $2.25, capitalizing on the recent partnership. Nvidia has entered into a partnership with Hedera. Anthony Rong, the Regional Vice President of Engineering at Nvidia, highlighted the new agreement in a post on LinkedIn, drawing attention from the market. Nvidia will integrate Hedera into its Artificial Intelligence (AI) system as part of the partnership. The collaboration between the two companies has the potential to revolutionize decentralized AI and enterprise blockchain applications. Specifically, Nvidia plans to leverage Hedera’s quick, secure, and energy-efficient public ledger, which provides real-time, verifiable information for AI processes. The company aims to deliver data that is secure, traceable, and resistant to tampering across various sectors. This encompasses sectors such as healthcare, supply chain, finance, and autonomous systems. Hedera’s network offers a robust foundation, exceptional performance, and minimal energy consumption.
The price of Hedera (HBAR) has surged by 18% following its partnership with Nvidia. Is it possible for HBAR to hit $2.25?
