Hedera(Hbar) enters $1.75 trillion market with 8 BIG Partnerships. Here's the scoop

Added: 2026-05-14

[00:00:00]Hello everyone. Got some exciting news for Hedera. They're entering a $1.75 trillion industry.

[00:00:09]And you know, this is going to raise some eyelids, but that's the overall size of the industry that they're actually entering. They're gaining some attention because of this. It is going to result in more transactions. It's via Hash Sphere and they're entering the US insurance industry. And eight insurers have already signed on to their pilot.

[00:00:34]Now, once again, it is only a pilot, so don't get over excited. It's probably going to be a little while before the pilot can end and these companies actually adopt Hedera like full-time.

[00:00:46]So, Hedera entered the insurance sector through Hash Sphere integration. Now, $1.75 is the 2024 number of the US insurance industry. All of these insurers are Americans, so it's getting into the US insurance industry. The global insurance industry, I'm sure is bigger, but they're not getting into that one just yet. So, eight leading US property insurers joined the initiative strengthening Hedera's enterprise adoption narrative and supporting long-term network activity growth. HBAR continued holding major weekly support while traders monitored a possible breakout above the important 10-cent resistance level closely. But obviously, the resistance level is more or less BS.

[00:01:26]If Bitcoin goes up or if this news actually takes hold, it can easily catapult past past that. It completely depends on the overall crypto market and the macro, not so much their resistance and supports. So, Hedera moved deeper into the enterprise adoption after the institute's risk stream collaborative integrated Hash Sphere and the public Hedera network to into insurance data operations.

[00:01:47]So, like all these policies will actually go through Hedera, at least for the pilot. And each time that does that, there'll be a transaction and there'll be generating demand for HBAR HBAR in terms of gas. But like I said, Hedera runs very efficiently, takes a whole ton of transactions and gas fees to move the price. And I'm not really sure if it ever will, but each little bit helps. And plus this is going to generate FOMO if we have another bull run that Hedera is partnered with eight more major insurance companies. The integration creates direct utility for H bar because every verification request identifier registration and network lookup requires transaction fee. So every time someone registers for insurance, changes their policy, or they have to look up their policy to make a claim, and you know, there's a lot of these each day, um it will require some H bar for gas. But I mean, it's not going to be on the order of like, you know, 1,000 TPS. But you know, this is one of many partnerships and it all feeds into it. So maybe maybe in the future this will start to impact price. Besides, the structure introduces demand that depends on operational usage as well as speculative trading activity.

[00:02:56]Always good. Market participants have closely watched projects attempting enterprise adoption, although few networks have shown measurable utility tied to real transaction flow. Like I said, I'm not actually a huge fan of the massive, massive amounts of transaction flow results in a price increase cuz I have yet to see that happen in crypto.

[00:03:18]However, you know, if they want to give it a shot and they can get all these partnerships, generate FOMO, I'm okay with that, too.

[00:03:24]Of course, case study details linked to initiative show that eight of the 10 largest property and casualty insurers in the United States reportedly joined the project. And if you want to know which ones they were at that actually enjoyed the project, I think I have five of the eight right here, and they are very, very big. Several that I'm familiar with. State Farm, like a good neighbor, State Farm is there, but only if you own H bar. If you don't, they might be very, very bad neighbors. No, I'm just kidding. But, you know what?

[00:03:55]It's fun to think of it that way.

[00:03:56]There's other There's Geico, and you could might you might be able to save 15% more on car insurance if you hold HBAR. It'd be awesome if they did that deal, but I'm pretty sure you they did They're not going to cuz they would go broke if they did that. Nationwide, of course, it's on your side, but it might be on the enemy's side if you don't own HBAR. They would never say that because that would probably get them sued. But, anyways, uh Chubb, Travelers, and USAA.

[00:04:19]I'm not familiar with Chubb, Travelers, and USAA. I myself I'm insured with AAA, and I'm very happy with their insurance.

[00:04:26]But, you know, I can see like Progressive and, you know, a couple of others, maybe like, um, Allstate being like, you know, two of the other three that are on. I'm not really sure who the other three are, but we know that State Farm, Geico, Nationwide, Chubb, Travelers, and USAA are five of the eight, and they are huge. And once again, this entire market is 1.75 trillion dollars. Key details the initiative. The initiative focuses on property data verification, cope data, and creating tokenized records to improve efficiency, utility. The project directly drives HBAR transaction demand as every verification request and network lookup utilizes the Hedera network. Uh this move ranks, uh, marks a significant step towards adopting blockchain for, uh, enterprise-grade data operations.

[00:05:14]So, obviously, going to get more, um, FOMO for Hedera, going to get a lot more transactions.

[00:05:22]And that's always good, um, for like a crypto. I mean, HBAR is one of those like with like actual companies signing up. Um, they use HBAR as gas. That's very good. But, I do wish to see some of these big companies actually investing a large amount of HBAR for their treasury or something, something that locks up a huge amount of HBAR. Um, so it will actually restrict the supply. So, yeah, still another very, very good partnership. Very exciting for HBAR users. A a huge, huge flood of good news these days coming in for HBAR, more than I've seen for a long time. It seems like they're really, really pushing to drive that price up. And, you know, if the market were to turn around now, I'm sure HBAR would soar. But, hopefully these good feelings will actually carry forward for, you know, at least a couple more um you know, months or even years. The next time when we get that bull run, and some some people will say like it's later this year. If it is, great. Um this will actually take center stage, and people will see HBAR as a prime um you know, a prime crypto to actually invest in, and maybe it can get into that top 10, top 15. So, that's the news for today. Let me know what you think. Like and subscribe. Hit that bell notifications button. Thank you, and have a nice day.