Hedera HBAR Poised for Breakout as ETF Launch and SpaceX Fuel Institutional Momentum
Hedera (HBAR) is signaling a potential bullish breakout, currently trading around $0.19 with increasing volume and institutional interest. The cryptocurrency has been consolidating within a descending channel since mid-2025 but recently rebounded from $0.16 support. It's now testing key resistance at $0.20 – a confirmed close above this level could confirm trend reversal with upside targets at $0.22–$0.25.
Institutional adoption is accelerating, marked by Nasdaq's launch of the first Canary ETF providing direct HBAR exposure for traditional investors. This milestone, combined with three other strategic developments, demonstrates Hedera's growing credibility among institutional players.