Hedera Boosts Network Participation with $40 Million HBAR Staking Incentive

Hedera has announced a significant move to boost network participation and potentially drive price growth. The Hedera Foundation transferred 250 million HBAR, worth over $40 million, to its staking pool on October 24th. This action aims to incentivize more users to participate in the Hedera network and could lead to a possible 50% price surge for HBAR, according to experts.