HBAR Slips Toward $0.23 as Bounce Falters at Resistance

HBAR Tests Critical $0.23 Support Amid Positive Momentum from SWIFT Blockchain Trials

August 22, 2026 — Hedera’s native token, HBAR, is currently testing a vital support level at $0.23 following a 3% decline on Friday. The token experienced increased trading activity, with volumes exceeding 80 million during key intraday sessions.

Despite the recent pullback, several bullish factors continue to support HBAR’s outlook. SWIFT has announced plans to commence live blockchain payment trials utilizing Hedera’s technology across its $150 trillion annual cross-border payments network, starting November 2025. This highlights Hedera’s hashgraph platform, capable of processing over 10,000 transactions per second, positioning it as a key player in modernizing global financial infrastructure.

Additionally, growing speculation around a potential HBAR exchange-traded fund (ETF) surfaced after Grayscale filed Delaware trust documents connected to the token, signaling increased institutional interest.

Technical Overview

• HBAR is trading within a narrow $0.01 range, bounded by support at $0.23 and resistance at $0.24, indicating a short-term volatility of approximately 2.4%.
• Trading volume spikes above 80 million mark important reversal points during midday sessions.
• Support at $0.23 remains intact, while resistance near $0.24 builds pressure.

With mounting institutional interest and upcoming integration into global payment systems, HBAR presents a strong technical setup combined with promising fundamental drivers.