H (Humanity Protocol) fell 3.60% in the last 24 hours.

Gate News Bot News, on October 28, according to CoinMarketCap data, as of the time of writing, H (Humanity Protocol) is currently priced at $0.32, having fallen 3.60% in the last 24 hours, with a high of $0.39 and a low of $0.14. The current market capitalization is approximately $688 million, a decrease of $25.7207 million compared to yesterday.

Humanity Protocol is a decentralized identity blockchain project aimed at providing users with secure and trustworthy digital identity solutions. The protocol is dedicated to enhancing online trust and identity verification through blockchain technology.

Recent important news:

1️⃣ The cryptocurrency ETF market continues to expand Multiple institutions are actively promoting the listing plans for cryptocurrency ETFs. Canary Capital has submitted the registration documents for the HBAR ETF to the SEC, with plans to list on Nasdaq this Tuesday. Meanwhile, other institutions are also advancing similar ETF products for crypto assets like Litecoin and Solana. This trend reflects the ongoing attention of traditional financial markets to digital assets and may have a positive impact on the entire cryptocurrency market.

2️⃣ Total Value Locked (TVL) in Risk Management Protocol Approaches 10 Billion USD The risk management protocol focused on sustainable yield strategies has reached an important milestone, with a total locked value approaching $10 billion. This growth reflects the increasing demand from users for stable yield strategies in the DeFi space, while also demonstrating the market's growing confidence in decentralized financial solutions. As a provider of decentralized identity solutions, Humanity Protocol may benefit from this trend, as identity verification plays a crucial role in the DeFi ecosystem.

3️⃣ Institutional investor trading activity rises Recently, multiple large-scale trading activities have been observed, including an investor establishing a long position in cryptocurrencies worth tens of millions of dollars on the Hyperliquid platform. This institutional-level trading activity indicates that, despite the short-term fall in H prices, the overall cryptocurrency market remains active, which may provide support for future price rebounds.

From a technical perspective, the price of H rebounded after finding support at $0.14, but has not yet broken through the recent high of $0.39. Investors should closely monitor whether the current price around $0.32 can form effective support, as well as the potential impact of the overall cryptocurrency market trend on H.

This message is not intended as investment advice; investors should be aware of market volatility risks.