Hedera Allocates 5 Bln HBAR For Ecosystem Development

In a strategic move aimed at propelling the growth of the Hedera network, the Hedera Council has approved the allocation of around 5 billion HBAR, Hedera Hashgraph’s native cryptocurrency, for further development and the advancement of decentralized governance. Meanwhile, this financial injection underscores Hedera’s commitment to nurturing its ecosystem and supporting key initiatives crucial to the network’s evolution.