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- Nasdaq’s ETF filing drives HBAR price gains momentum, boosting investor confidence.
- Hedera’s bullish technical signals suggest a potential rally toward $0.39.
- Growing DeFi ecosystem and tokenization efforts strengthen Hedera’s long-term growth outlook.
Hedera Hashgraph’s HBAR has caught the spotlight with a strong surge in both price and trading activity. A massive 144% jump in daily trading volume pushed figures to $388 million, drawing increased attention from investors. The token’s value climbed 6.9% in just 24 hours, reaching $0.22.
What's Fueling HBAR’s Rally?
The primary factor behind HBAR’s recent surge stems from Nasdaq’s ETF filing, which has the potential to open the door for institutional investors to gain exposure to Hedera. Regulatory changes under the leadership of Donald Trump have also played a role in fostering blockchain adoption across the United States, creating a more favorable environment for projects like Hedera.
From a technical perspective, HBAR has been forming a bullish continuation pattern for several months. A strong support level above $0.20 has created a stable base for potential gains. The Relative Strength Index is displaying bullish divergence, signaling a possible rally ahead. If the current momentum continues, the next target sits around $0.39, marking a 70% rise from current levels.
Hedera’s Expanding Ecosystem Fuels Optimism
Hedera’s Asset Tokenization Studio has played a key role in the growing interest surrounding tokenized assets. Over $50 million in tokenized assets have been facilitated through this platform. Institutions such as RedSwan (real estate), Diamond Standard, Circle’s USDC, Zoniqx, and Tokinvest are utilizing Hedera’s technology to revolutionize asset management.
Beyond technical indicators, the Hedera network has emerged as a powerful player in the DeFi sector. The ecosystem holds over $115 million in total value locked (TVL) and supports a stablecoin market cap of $32 million. Leading platforms like Stader liquid staking, SaucerSwap DEX, and Bonzo Finance continue to attract more users and liquidity.
A strong mix of fundamental growth and technical strength suggests a promising future for HBAR. Investors are now watching closely to see whether the uptrend remains intact, potentially paving the way for higher price levels.
