Hedera HBAR Gains Momentum as Stablecoin Inflows Spike and Network Activity Rises
HBAR has surged past a critical resistance level at $0.2669, indicating potential for further upside as on-chain metrics confirm bullish momentum. The altcoin, previously range-bound since early August, is now establishing a new support base.
Stablecoin inflows on Hedera have jumped 54% week-over-week, hitting $86.41 million in market cap. This capital influx signals strengthening investor confidence and liquidity—a typical precursor to price growth. Network activity and HBAR demand are rising in parallel with these developments.
Technical analysis suggests the recent 3% price increase could mark the start of a sustained breakout. With the former resistance now acting as support, traders are monitoring for confirmation of continued upward movement.
