
Hedera (CRYPTO:HBAR) climbed about 14% over the past week as investors watched growth in real-world asset projects.
The rally came as more blockchain networks competed to support tokenised real-world assets.
Analysts said Hedera's growing role in real-world asset projects has supported investor sentiment.
Analysts said the recent momentum could continue, but future price moves remain uncertain.
Real-world assets are traditional assets, such as property and bonds, represented on a blockchain.
Hedera is an enterprise-focused distributed ledger that supports tokenisation, digital identity and payment applications.
At the time of reporting, Hedera price was $0.07091.