HBAR Stable at $0.24 as Institutional Investors Show Interest

HBAR Holds Firm at $0.24 as Institutional Interest Strengthens

Hedera’s HBAR token remained steady over a 23-hour trading session from Aug. 26 at 15:00 to Aug. 27 at 14:00, oscillating between $0.24 and $0.25—a 4% spread that underscores strong technical support.

The token gained early momentum, rising from $0.24 to $0.25 by 19:00 on high trading volume of 70.13 million units. It then entered a consolidation phase, repeatedly testing support at $0.24 and resistance near $0.25. A late-session uptick pushed the price slightly higher, highlighting continued bullish pressure within the tight trading range.

Analysts pointed to this session as one of the more robust liquidity events for HBAR in recent weeks, signaling growing market engagement. The token’s stability coincides with rising institutional involvement: SWIFT has begun live blockchain tests on Hedera for tokenized settlements, and Grayscale recently set up a Delaware trust for HBAR.

Technical Highlights:

• Narrow $0.01 trading corridor, with highs at $0.25 and lows at $0.24
• Peak bullish momentum occurred around 19:00 on Aug. 26
• Elevated volume of 70.13 million units exceeded typical session averages
• Support confirmed repeatedly at $0.24
• Resistance established near $0.25, forming a clear trading channel
• Late-session 1% gain underscores ongoing bullish pressure

HBAR’s performance reflects both strong technical support and growing institutional adoption, suggesting the token may sustain its upward momentum.