Hedera’s native token, HBAR, has shown a commendable performance, rising approximately 2% in value recently. This increase comes after its addition to the Grayscale Smart Contract Platform Fund (GSC), which has restructured its components this Monday to include HBAR, replacing Polkadot (DOT).

Key Highlights:

• HBAR currently trades at $0.1614, reflecting a 11% rise over the last week.
• The Grayscale Fund rebalanced its portfolio by adjusting allocations, which includes ether (ETH), solana (SOL), cardano (ADA), sui (SUI), and avalanche (AVAX), granting HBAR a 5.8% allocation.

The trading activities indicate strong market dynamics, pointing towards professional investment strategies rather than retail fluctuations, as evidenced by significant trading volumes that exceeded daily averages during critical hours.