Bitcoin News Today: HBAR Rises 9% on Whale Activity and ERC-3643 Adoption

Generated by AI AgentCoin World
Sunday, Aug 10, 2025 7:17 pm ET1min read
Aime RobotAime Summary

- HBAR rises 9% to $0.2513, driven by whale activity and ERC-3643 adoption, signaling progress in regulated tokenization.

- Avalanche (AVAX) holds $22 with 30% monthly gains, while TVL surges 90% to $1.9B, reflecting sustained network activity.

- BlockDAG’s presale offers BTC rewards via BDAG token purchases, raising $368M with a 3,000% projected return and live trading simulator.

- Hedera’s ISO 20022 compliance and academic credential use cases highlight institutional adoption, though traders watch $0.276 liquidation risks.

HBAR is trading near $0.25 with a nearly 9% price increase to $0.2513 as of August 6, supported by growing whale activity and the adoption of the ERC-3643 token standard [1]. This development is seen as a positive step toward regulated asset tokenization and has analysts monitoring for a potential breakout above $0.27. Meanwhile,

(AVAX) remains stable around $22, maintaining key support levels and showing a 30% increase over the past month. The Total Value Locked (TVL) on the network has risen to $1.9 billion, a 90% increase since March, indicating sustained on-chain activity and interest [2].

BlockDAG’s presale is drawing significant attention due to its unique approach of distributing 10 BTC to buyers during the ongoing sale [3]. Every purchase of the project’s native token (BDAG) secures a proportional share of the

pool, with rewards distributed directly on-chain. This initiative, active until August 11, is already in Batch 29 and has raised over $368 million with 24.9 billion BDAG sold. Early buyers benefit from a $0.0016 per BDAG price, while the token is projected to launch at $0.05, potentially offering a return of over 3,000% [4].

The presale also includes a live trading simulator with real-time order books, allowing users to practice trading ahead of the launch [5]. This real-time BTC distribution is a distinguishing feature, contrasting with traditional presales that focus solely on future price appreciation. BlockDAG’s model provides immediate value, making it an attractive option for investors looking for both short-term and long-term returns.

Hedera’s recent ISO 20022 compliance and its use in issuing academic credentials by the African Open University are further signs of the network's growing institutional adoption [6]. The token’s on-chain volume remains steady, and technical indicators remain

, though traders remain cautious about liquidation levels near $0.276. Despite these factors, has re-entered the spotlight due to its recent price performance and strategic developments [7].

Avalanche’s current sideways movement near $22, despite increased TVL and open interest, suggests that large market participants are actively monitoring the network [8]. Analysts project

to remain within a $21.80–$23.60 range in the near term, with some models anticipating a potential rise to $32 by year-end. A clean breakout above $25 could initiate a new rally, but for now, stability remains a key factor in AVAX’s favor [9].

The distinct approaches of HBAR, AVAX, and BlockDAG reflect the evolving landscape of the cryptocurrency market. While HBAR and AVAX demonstrate strength in price and adoption, BlockDAG’s BTC-based rewards offer a novel value proposition that could appeal to a broader range of investors. As the presale concludes on August 11, the focus will remain on which tokens can maintain or accelerate their current momentum in the weeks ahead [10].

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[1] https://coinmarketcap.com/community/articles/68992598071ea518c3f70946/