Hedera's trading volume has surged by 125% despite the price of the token hitting a yearly low and declining by 10% in the last 24 hours. The increase in trading activity follows Nasdaq's filing with the US SEC to list the Canary HBAR ETF, which would make it easier for institutional investors to invest in Hedera. The token has been on a bearish trajectory since reaching a peak in January, and technical indicators suggest that downward pressure could continue in the short term. However, Hedera is making progress in institutional tokenization and recently invested in Archax's tokenized shares.



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