Hedera HBAR Surges 17%: Can It Reach $0.50 by July 2025?

Hedera's HBAR token has surged 17.11% in the past 24 hours and 41.66% over the week, driven by technical breakouts and fundamental growth. With an $11.92 billion market cap and trading volume spiking 126.07%, HBAR is solidifying its position among leading altcoins.

A breakout from a falling wedge pattern on daily charts suggests potential upward momentum toward the $0.37353 resistance level, with $0.50 now appearing achievable. This rally aligns with speculation around U.S. spot ETFs and Hedera's expanding DeFi ecosystem, which has reached $215 million in total value locked (TVL).

Technical indicators show extreme overbought conditions, with the RSI at 85.17, hinting at possible near-term consolidation. Critical support holds at $0.2376, while enterprise adoption and institutional interest continue to provide strong fundamental support.