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Hedera's HBAR jumps 27% after IBM validates its IDTrust platform for cloud marketplace

Market News
28 Sep 2026
CryptoTicker
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Bullish
Hedera's HBAR jumps 27% after IBM validates its IDTrust platform for cloud marketplace

Hedera's HBAR token surged 27.3% in 24 hours following the announcement that IDTrust, its identity platform built on Hedera, was validated by IBM and added to the IBM Cloud Catalog. This marks the first commercial Hedera-based enterprise app available as a software subscription through a major cloud marketplace, signaling growing corporate adoption. Despite the rally, HBAR remains 41.6% below its 12-month high, and investors should consider tax implications and custody requirements before buying. The move highlights Hedera's positioning as a network for enterprise use rather than speculation, with future demand tied to business transactions on the platform.

As of Sep 28, 2026 22:32 WIB, HBAR on Pluang is priced at Rp2.116 with a 1-day gain of 26.47%, closely matching the article's reported surge. The token shows strong buying interest with 64% of orders on Pluang being buys and a typical hold time of 57 days. HBAR's market cap stands at Rp94.14 trillion, highlighting its significant presence in the market.

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