HBAR News: Hedera Collaboration with LayerZero and Quantum Transactions

Bittime - In the latest development in the Web3 crypto space, Hedera's collaboration with LayerZero becomes an important step to improve cross-chain connectivity, expanding the utility of decentralized applications (dApps). 

Meanwhile, THORChain (RUNE) price volatility provides clues regarding possible shifts in market trends, although future price direction will largely depend on overall market stability.

Web3Bay is at the forefront of this change by launching a blockchain-based marketplace that redefines e-commerce by emphasizing decentralization, transparency, and user control. 

Currently, the 3BAY token is being offered in presale at a price of $0.003 and a projected ROI of 6430%. This provides a unique opportunity for early investors to contribute to this progressive Web3 project.

Hedera Collaboration with LayerZero Enhances Cross-Chain Functionality

The latest update from Hedera involving integration with LayerZero, along with the release of mainnet v0.54, aims to improve cross-chain capabilities. The move is designed to improve interoperability in the Web3 ecosystem, which will make it easier to connect decentralized applications across different blockchains.

While promising, the real impact of these developments must be viewed with caution as the results will depend largely on user adoption and operational effectiveness. This integration underscores Hedera's ambition to become a flexible and influential entity in the ever-expanding Web3 crypto world.

Read also: HBAR price rises 40% in a day, can it rise again?

Harga THORChain (RUNE)

THORChain (RUNE)'s recent price movement testing the 93-day trend support, has sparked discussions about a possible market reversal. RUNE prices experienced a steady rise starting from August 5, peaking at $6.32 in late October, then dropping to a 46-day low in early November, before experiencing a rapid rebound.

Read also: Latest Info about Hedera Crypto Project (HBAR)

Although some market observers consider these price fluctuations as signs of a bullish trend, projecting new price peaks for this year is still speculative. Monitoring the stability of support levels will be very important for understanding RUNE price movements in the future.

Web3Bay Brings Innovation to a Blockchain-Based Marketplace

Web3Bay is transforming the online shopping landscape by integrating blockchain technology to overcome the shortcomings of traditional e-commerce systems. The platform prioritizes user privacy, transparency and complete control, ensuring that every transaction is safe and open, which in turn increases user trust and focus in online shopping.

Imagine a marketplace where direct interactions replace expensive intermediaries, allowing buyers and sellers to trade freely. 

Web3Bay's decentralized model reduces unnecessary costs, enabling global trading even for those without standard banking facilities. Additionally, with community-driven governance, users have a critical role in shaping the future of Web3Bay, making every transaction a step towards a marketplace that is truly owned by its users.

3BAY Token as Central to the Web3Bay Ecosystem

Central to the Web3Bay ecosystem, the 3BAY token facilitates transactions, provides discounts, and gives its holders the power to influence the direction of the platform. 

The token presale is divided into 28 stages, with the price increasing gradually from $0.003, with a growth target of 6430% until the final phase. Early investors are given the opportunity to back a project that has the potential to revolutionize online trading norms.

Pioneering Vision in Web3

Each project in the Web3 world brings its own unique innovations. Hedera's collaboration with LayerZero demonstrates increased blockchain interoperability that can expand the functionality of decentralized applications. 

Meanwhile, THORChain (RUNE) with its recent price recovery remains an important entity to monitor, as market conditions will play a crucial role in its subsequent developments.

However, Web3Bay stands out by delivering a decentralized e-commerce platform where users determine their experience. Powered by the 3BAY token currently available in presale at $0.003 and a projected ROI of 6430% throughout the structured phase, Web3Bay offers an exciting opportunity for early backers to invest in the major evolution of e-commerce.

FAQs about Hedera (HBAR)

What is Hedera (HBAR)?

Hedera (HBAR) is a third-generation distributed network platform that uses the Hashgraph Consensus Algorithm, a unique technology that is faster, efficient, and energy efficient than traditional blockchain.

Who is the Founder of HBAR?

The founder or founder of HBAR is Leemon Baird and Mance Harmon. The two founded HBAR in 2018 with the aim of overcoming the limitations of traditional blockchain such as slow transaction processing and high energy consumption. 

HBAR Narrative What?

HBAR operates across multiple narratives. But HBAR's most prominent narratives are DePIN and RWA, as Hedera's technology is well suited for building decentralized physical infrastructure and tokenizing real-world assets.

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Reference

Qubetics, Web3Bay: A Presale with Potential for Massive ROI as Hedera Integration & RUNE Price Moves Shape the Market, accessed December 30, 2024.