💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Anchorage Digital, Kamino, and Solana Company have introduced an innovative tri-party custody model which enables institutional investors to borrow against natively staked
#SOL whilst retaining assets in regulated custody by combining Anchorage collateral management with on-chain liquidity with Kamino.
Within this arrangement, the yield on native staking on institutions is nearly 7% and at once provides borrowing markets without the need to transfer assets out of qualified custody, and Atlas auto manages loan-to-value and risk control 24/7.
The partnership should help draw institutional capital into the Solana ecosystem of DeFi by providing a blueprint of scale and compliance with further institutional involvement in staking and lending and liquidity provision on high-performance blockchains.