Bullish Momentum Returns to HBAR Following SWIFT Blockchain Integration News

HBAR Reclaims $0.24 as Institutional Momentum and SWIFT Blockchain Trials Fuel Optimism

Hedera’s HBAR token staged a notable rebound between August 20 and 21, trading within a 4% range and reclaiming the $0.24 mark by session close. After peaking at $0.24 in late trading, the price briefly dipped to $0.23 before recovering, solidifying the $0.23–$0.24 range as a critical support and accumulation zone.

Catalysts: Institutional Signals and Macro Backdrop

The move comes amid improving macro conditions and rising institutional interest. With the Federal Reserve maintaining interest rates below 2%, markets are increasingly anticipating potential rate cuts — a scenario historically supportive of digital asset flows.

Adding to the bullish backdrop, global payments leader SWIFT has initiated live blockchain trials involving Hedera’s network, signaling serious intent toward enterprise-grade adoption of distributed ledger technology. Meanwhile, Grayscale has filed a Delaware statutory trust for HBAR, widely viewed as a preparatory step toward launching a future HBAR-backed investment vehicle or ETF.

These developments underscore growing institutional recognition of Hedera’s infrastructure role, especially as traditional financial systems explore tokenized settlement mechanisms.

Price Action and Technical Analysis

• Intraday Volatility: HBAR saw heightened volatility during a sharp 60-minute stretch on Aug. 21 (13:22–14:21 UTC), rising from $0.24 to a session peak — a 1% breakout driven by strong momentum.
• Closing Surge: The final 15 minutes of the session saw aggressive buying, with HBAR returning to $0.24 on significant volume, marking a strong close.
• Support Confirmation: Repeated retests and recoveries at $0.24 confirmed the level as technical support.
• Resistance Challenge: Price action into the close suggested buyers were actively absorbing supply at resistance, hinting at potential accumulation.
• Volume Spike: Trading volumes exceeded 2.8 million tokens during breakout windows, signaling strong market interest and participation.

Outlook:
HBAR’s recovery, driven by real-world enterprise adoption signals and improving macro tailwinds, suggests more than short-term volatility. As institutions deepen their exploration of blockchain-based settlement layers, Hedera’s positioning continues to gain relevance — and market confidence appears to be following.