The latest crypto news of the Hedera, Tron, and Aave projects

In this article, we take a look at the crypto of the Hedera, Tron, and Aave projects. The market offers us some news to reflect on

The crypto market continues to offer us some news to reflect on, in addition to a very interesting and volatile price dynamic.

After all the records set by Bitcoin since the beginning of the year, it seems that we have finally entered the long-awaited altseason phase. But is it really so?

Let’s analyze the latest crypto news of the Hedera, Tron, and Aave projects and try to understand the fundamental data to observe.

The latest crypto news of the Hedera, Tron, and Aave projects

Starting from the most relevant crypto news of the Hedera project, we report the recent investment by the company SIX.

The latter, owner of the Spanish stock exchange BME, has decided to add Hedera and the platform of real estate tokenization OpenBrick to its network of strategic partners.

BME is committed to obtaining in parallel a license for the management of a trading and settlement desk within the scope of the DLT Pilot Regime of the EU in 2025.

Given and considering that OpenBrick operates on Hedera, the management of real estate buying and selling practices will take place on the same blockchain.

This is excellent news that brings the cryptographic network closer to the growing RWA world, where a true expansion is taking place on a global level.

Swiss stock exchange @sixgroup has invested in #tokenization startup OpenBrick Which uses @hedera #DLTSIX owns Spain's @BolsaBME and its CSD Iberclear plans a trading & settlement platform under EU's DLT Pilot Regime. Presumably also using Hederahttps://t.co/K23qRWaHXx

Moving on to Tron, the most interesting updates concern Justin Sun, founder of the crypto platform and major supporter of the TRX asset.

Recently, the 34-year-old multibillionaire made headlines publicly for purchasing a contemporary artwork by Maurizio Cattelan.

Let’s talk about a banana taped to the wall with duct tape, sold to the Chinese entrepreneur for a sum of 6.2 million dollars.

The curious thing about this story is that the patròn of the Tron project decided on Friday to eat the same banana. A really expensive fruit!

Crypto entrepreneur Justin Sun eats banana art he bought for $6.2 million https://t.co/EUmY4Ev1Lo pic.twitter.com/WtEjwx4QfV

As for Aave, it is worth highlighting the record of deposits of over 33 billion dollars recorded a few days ago by the market lender.

In recent months, more and more users have chosen to deposit crypto on the platform, enjoying significant yield in a completely trustless manner.

Furthermore, with the return to the bull market, the practice of “lend and borrow” on Aave has come back into fashion to fully exploit the advantages of leverage.

As of today, the protocol is used by 2 million users and is active on 13 different markets for 11 chains. We are in the midst of a renaissance of the DeFi ecosystem.

13 markets. 11 chains. 2M+ users.…and a new all-time high in deposits 👻The DeFi Renaissance is happening on Aave. pic.twitter.com/Q0mQpsRQNS

The crypto Hedera (HBAR) follows the stellar performance of Ripple (XRP): +420% in 30 days

One of the cryptos that is generating the most buzz recently is Hedera (HBAR), the result of a spectacular price performance.

In the last 30 days, the HBAR currency has grown by 420%, rising from 0.045 dollars to the current 0.24 dollars.

The weekly chart is representative of the strong bull trend that is underway, initiated from the first week of the month of November.

Now HBAR approaches a key resistance level, particularly targeted during the bull market of 2021 and the subsequent bear market.

The ATH of the crypto at 0.57 dollars is still, however, very far away, with a current drawdown of about 58%. In any case, if the Hedera token manages to stabilize around the current levels by forming a solid bull pattern, we could see this target again in 2025.

The most detail-oriented individuals will certainly have noticed a similarity between the price movement of HBAR and that of XRP.

The two crypto seem highly correlated at this moment and are reporting the same performance.

The reason is quickly explained and concerns the so-called “Donald Trump effect” for crypto companies with legal headquarters in the USA. The new President wants to reduce the capital gain tax for this type of tech companies in the country.

Hedera, just like Ripple, has its operational bases in the United States.

🚨BREAKING: President Trump wants to eliminate all capital gains taxes on Cryptocurrencies issued by