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Investor Demand and ETF Buzz Propel HBAR Out of Trading Range

HBAR Rises 2% as ETF Speculation and Institutional Demand Drive Breakout

Hedera’s native token HBAR climbed about 2% over a 24-hour period, culminating in a late-session breakout after consolidating near $0.22. Even as overall trading volume fell from 138 million to 19.7 million tokens, the token maintained a steady accumulation phase, signaling ongoing investor interest.

The decisive move occurred in the final trading hour, when HBAR rebounded from an intraday low of $0.22, broke through resistance, and set new session highs. Analysts attribute the surge to growing institutional demand and optimism around Hedera’s ecosystem, particularly with Canary Capital advancing its proposed HBAR spot ETF (ticker: HBR) at a 0.95% management fee. While regulatory review has been slowed by the U.S. government shutdown, anticipation for ETF approval remains strong.

Key Technical Points:

  • Support held firmly around $0.22 during consolidation.
  • A late-session volume spike above 4.3 million tokens confirmed institutional buying pressure.
  • The breakout from the $0.22 consolidation range signals a potential continuation of upward momentum.

HBAR’s performance underscores resilience in a subdued market, driven by ETF prospects and increasing institutional participation in Hedera’s network.

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