Hedera (HBAR) News Today: EVM Compatibility and Utila Custody Deal Lift Institutional Case for Hedera

Hedera advances institutional readiness and developer accessibility: the Smart Contract Service now offers full Ethereum Virtual Machine (EVM) compatibility, enabling Solidity deployments with familiar tools like Hardhat and Foundry. A new institutional-grade custody and wallet infrastructure partnership with Utila aims to close the institutional wallet gap. Together, these moves strengthen Hedera’s “built for institutions” narrative, offset by recent Bonzo Lend exploit fallout and a modest ETF inflow signaling ongoing institutional interest. Key numbers: HBAR near $0.070, 7d gain ~6.2%, market cap ~$3.08B, daily volume $46-48M.