💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
The @Aptos ecosystem is one of the most vibrant ones development-wise
In the shadows of the main tickers being touted on CT, $APT is building some groundbreaking products
Let's take a quick look at the newest one, Prefix Consensus 👇
The main focus for the ecosystem as a whole has recently turned to building Fair Markets
What does this mean?
Censorship resistance and a consensus for the Global Trading Engine
▶️ A recent paper published by the @AptosLabs foundation formalized Prefix Consensus
This new DeFi primitive is designed with the OG crypto ethos in mind: a leaderless model
All parties can make proposals at the same time, with the protocol agreeing on a consistent prefix for them
→ The Censorhsip resistance is the first payoff of this model
The standard model prioritizes the decisions of those closer to data centers, able to see information first, and act earlier than everyone else
With this new model, your success is not geographically bound
No one can exclude a transaction by omitting it from their block now → No Censorship
▶️ Another great feature that will play a key role in the future: Connection
Prefix Consensus isn't operating in isolation
It's instead, one of the many layer that create the broader Aptos stack
- Raptr boosts performance and robustness
- Encrypted Mempools adds privacy to the mix
- Prefix Consensus completes the picture
Bullish for the future of Aptos 🐂