Hedera, $HBAR has pumped 160% in the last 7 days with it’s inclusion in Coinbase’s COIN50 Index.
The Coin50 Index, created by Coinbase—the most trusted and publicly listed crypto exchange—offers a transparent and reliable way to track the crypto market.
The COIN50 tokens are selected using a rigorous methodology that includes market cap weighting, fundamental analysis, and eligibility screening. This index provides diversified exposure across a wide range of tokens, sectors, and themes, extending beyond BTC and ETH to help reduce idiosyncratic risk.
Developed in collaboration with Coinbase Asset Management and MarketVector Indexes, a regulated index administrator, the Coin50 ensures high standards of reliability and oversight.
Along with this, the Hedera team has announced several key announcements in the last month or so that has helped $HBAR ‘s price:
- Partnership with Nairobi’s securities exchange in Kenya.
- Incubator launch in IIT-Madras, India powered by Hedera.
- The growth of the governing council to 32 members.
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