The broader crypto markets positively reacted to the latest Federal Reserve report, hinting at a possible delivery of a second interest rate cut this year. If this happens next week, risk-on digital assets are likely to witness a multi-billion dollar cash inflow.
HBAR’s Staking Reward Account Gets $42M Influx
Hedera’s HBAR coin might shine among the blue-chip altcoins, as a rapid spike in staking was spotted. Account 0.0.800, a unique feature on Hedera Hashgraph’s (HBAR) Distributed Ledger Technology (DLT), saw a $42 million funding injection yesterday.
These HBAR funds are later distributed as staking rewards across community members. The 250,000,000 HBAR deposit is likely preparing the field for a higher staking demand on Hedera Network, but many HBAR holders are counting on something else.
ETF Odds Back Up On Mulled Government Restart
Canary Capital’s Hedera ETF, the Spot market price-tracking exchange-traded fund pitched to The Securities and Exchange Commission (SEC), is likely getting an answer on November 8, 2025. Besides, Grayscale’s HBAR ETF is set for the same date, but market watchers expect further delays.
Filing with NASDAQ to reveal ticker symbols & fee structure, Canary’s HBAR ETF was originally set for decision-making on October 7, 2025, missed due to the lock-down of the United States government. With the ISO 20022 compliance going live on November 22, 2025, this could also turn out favorable for DLT adoption, with some analysts forecasting HBAR to nail $1.
With the U.S. government fully resuming operations soon, Hedera’s ETF could be the key driver towards a $0.30 rebound, along with Hedera’s stablecoin ecosystem growth. Mostly dominated by Circle USD (USDC), HBAR Network rose in stablecoin trading activity following the approvals of stablecoin-focused Genius & Clarity Acts in the United States (USA).
Discover DailyCoin’s hottest crypto news today:
KYC Update Supercharges Pi; Price To $1 Or Stuck At $0.2?
XRP Price Goes Oversold: $5 Moonshot Or $2 Reality Check?
People Also Ask:
The HBAR Foundation recently transferred 250 million HBAR (worth ~$42M at current prices) to the network’s staking reward account (0.0.800), topping up the pool to fund rewards for stakers. This one-day injection boosts the total staked value to ~$2.3B+ across 5.4B HBAR, signaling strong ecosystem support amid ETF hype.
No, it’s not a cumulative record—total staking is higher—but it marks a significant single-day deposit to the reward pool, helping hit the 250M HBAR minimum threshold for full rewards. It highlights the Foundation’s commitment to incentivizing participation without being a new all-time high.
The move ensures the reward account stays funded for up to 6.5% APY distributions, encouraging more HBAR locking and network security in a proof-of-stake setup. Timed with Nov 8 ETF decisions, it’s seen as a bullish pre-approval play to lock supply and attract institutions.
Stakers earn passive rewards (capped at 2.5% annual for the first 13% of supply) without locking funds long-term—rewards auto-claim on balance changes. This influx could stabilize or hike short-term yields, benefiting delegators via wallets like HashPack.
It adds bullish sentiment, potentially pushing toward $0.25 if ETF approvals land, as it reduces circulating supply and shows confidence—X buzz is 70% positive. But BTC dominance risks a dip to $0.15; watch on-chain metrics for sustained momentum.
DailyCoin’s Vibe Check: Which way are you leaning towards after reading this article?
