Institutional Pilots Propel Provenance Blockchain to Modest 0.6% Gain

Provenance Blockchain’s native token HASH inched 0.6% higher to a $1.69 billion valuation as more financial institutions experiment with tokenized mortgage and fund services on its platform. Enterprise adoption continues to expand, with multiple banks onboarding pilot projects in private-credit settlements. Developers highlighted fresh deployments of compliance-ready smart-contract modules. While retail volumes remain muted, analysts argue institutional demand gives the network staying power under stricter U.S. regulatory oversight, positioning it among the few permissioned blockchains seeing measurable on-chain growth this quarter.