 Over the past 24 hours, the price of Hetera, H-Bar, has risen over 8% to about 8 cents. This continues its positive trend over the past week where it has experienced a 20% gain, moving from 7 cents to its current price. As it stands right now, the coin's current price is 8 cents. The chart below compares the price movement and volatility for Hedera over the past 24 hours, left, to its price movement over the past week, right. The wider the bands are, or the larger the grey area is at any given moment, the larger the volatility. The trading volume for the coin has increased 20% over the past week, while the overall circulating supply of the coin has increased 0.13% to over 33.58 billion. The HBR Foundation, along with Arcax, a digital asset exchange, shared collaborative strategies to amplify their partnership further on Tuesday. The additional broadening of the partnership now embarks upon amalgamating support for H-Bar staking. Moreover, the collaboration also sets its sights on backing further tokenization projects. H-Bar, the native cryptocurrency of the Hetera network, appears to be portraying an upward movement following the extension of the partnership. The announcement of an extended collaboration, accompanied by H-Bar's price surge, fueled speculations within the broader crypto market. Broadening its crypto offerings, Arcax further amalgamates support for the Hetera network and the Hetera token services, HTS, into its products and services. This comes after the recent integration of HBR in the exchange's crypto spot market. Furthermore, as a result of this partnership, Arcax now backs up staking for Hetera, H-Bar, alongside trading and custody. Arcax, the institutional-grade crypto custody service that launched this year, is also a merger with the BCW Group, a Web3 enterprise. Intriguingly, in collaboration with the Web3 firm, Arcax empowers users holding H-Bar and custody to earn passive incomes through staking. Moreover, the Hetera network plays a crucial role in Arcax's tokenization ventures, bolstering it with the help of Toco, Hetera's tokenization engine. Launched this year, the engine pivots in tokenizing interests in the Aberdeen Dollar Multi-Billion Market Fund, available in USD, GBP, and EUR within the Arcax ecosystem. Furthermore, Graham Rodford, CEO and co-founder of Arcax, stated that as an FCA-registered platform, the firm prioritizes credible technologies. Integrating support for Hetera's network enhances the firm's capabilities, and Aberdeen, a significant Hetera governing council member being the most prominent external shareholder, further strengthens this partnership. The H-Bar price noted a surge of 8% reaching 8 cents. Moreover, the weekly upswing recorded by the token equals 20.4%, accompanied by a monthly upsurge of 38.5%. What's intriguing is the sudden jump recorded by the token today, which comes after the announcement mentioned above. Crypto Market enthusiasts appear to be eyeing the token extensively, as it noted a surge following the announcement. The extended collaboration and staking support bode well for Hetera H-Bar. However, it must navigate the competitive landscape and maintain its technological edge to sustain growth. The success of its tokenization ventures and the adoption of its network will be crucial in determining its future market position. Hetera Crypto is a public network for a decentralized economy that enables people and businesses to build powerful dApps. Hetera Hashgraph has a unique consensus system called Hashgraph Consensus to secure its network. This system has a rotating governing council of up to 39 diverse organizations from up to 11 different sectors. The Hetera Hashgraph token, HBR, has a maximum total supply of 50 billion units. Out of this, almost 7 billion were in circulation as of January 2021, equivalent to around 14% of the total supply. Hetera publishes regular reports detailing when the next wave of H-Bar tokens will be unlocked. These reports can be viewed here. According to Hetera's resources, the two project founders each have a coin grant of 2 billion H-Bars, equivalent to 4% of the total supply each. These tokens are vested over a six-year period. Other senior executives at Hetera that joined prior to 2018 have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021. Hetera raised funds through an ICO in August 2018 and opened its mainnet to the public in September 2019. During the ICO, investors could buy the platform's own utility token, HBR, at the best price possible. Hetera H-Bar is the cryptocurrency of Hetera Hashgraph, a platform that offers an alternative to blockchain technology and strives to be faster, efficient and secure. They are responsible for guiding the Hetera code base, making platform decisions, and running the initial nodes on the Hetera public network. Hetera Crypto uses a proof-of-stake, POS mechanism that lets H-Bar users stake their resources to support the network. Currently, all Hetera nodes are controlled by either Hetera or the governing council members, but they plan to change to a permissionless system in the future. The Hetera Crypto H-Bar chart is showing bullish behavior. It performed well last week, last month, and over the last three months by 52.12%, 23.24%, and 22.59%, respectively, confirming a strong uptrend. However, if the demand for the HBR token remains high, the asset price could bounce back from the current level. The next goal for the H-Bar price is to reach 9 cents. However, if the H-Bar crypto price fails to stay above the 6 cents level, it could decline further. The demand for the H-Bar token remains high. The asset price could bounce back from the current level. However, if the H-Bar crypto price fails to stay above the 6 cents level, it could decline further as well. Hetera is rising steadily as it sustains above major trend EMAs. The RSI is rising smoothly, implying that the asset is gaining momentum and could mark new peaks. Thanks for watching till the end. Don't forget to subscribe for more updates.