We're in the institutional cycle, and @hedera is the institutional favorite.
The institutional signal:
- HBAR (Hedera's native token) was the third crypto ever to get a spot ETF in the US - after only Bitcoin and Ethereum.
- Now live on Vanguard ($11 trillion AUM, 50M+ customers). 12 other ETF filings reference HBAR including Grayscale and ProShares.
- The ETF gives institutions a regulated way to get HBAR exposure. Companies on the Hedera Council can officially hold HBAR on their balance sheets.
Nvidia and Intel have already embedded Hedera in their chips for Verifiable AI. BlackRock, Fidelity, State Street, Aberdeen, and Lloyds Bank tokenized assets on Hedera. Saudi Arabia and Qatar invested $300M combined.
Hedera has institutional adoption of the network. The ETF opens the door for institutional capital to flow into $HBAR.
Fogo’s design teaches a simple lesson: speed isn’t something the network just “gives” you. You have to earn it with how you build.
On Fogo, every transaction has to clearly say which accounts it’s going to read from and write to before it runs. That allows the system to process multiple transactions at the same time — but only if they don’t step on each other. The second everyone starts touching the same shared account, everything slows down and forms a line.
So when people talk about 40ms blocks and around 1.3 seconds to finality, it’s important to understand what that really means. Those numbers aren’t magic. They’re possible when your app is designed in a way that avoids bottlenecks. If your state design creates “hot accounts” that everyone depends on, you lose the advantage.
The good part is that Fogo stays compatible with Solana at the execution and RPC level, and it runs on a Firedancer-based client. So the tools feel familiar. You don’t have to start from zero. But the responsibility shifts to developers — performance now depends on how thoughtfully you structure your state.
If Fogo truly succeeds, it won’t just be because it’s fast on paper. It will be because developers learn to think in parallel first — designing apps that spread activity out instead of forcing it into one crowded lane.
@fogo #fogo $FOGO