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Hedera HBAR Gains Momentum as Institutional Interest and Technical Breakout Drive Price Surge
Hedera HBAR Gains Momentum as Institutional Interest and Technical Breakout Drive Price Surge
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token surged past $0.26, fueled by institutional accumulation and a key technical breakout, sparking bullish momentum. The enterprise-focused blockchain now boasts an $11 billion market cap, with traders eyeing the $0.30 resistance level.
Institutional investors are driving sustained demand, attracted to Hedera's enterprise-grade infrastructure. The network's predictable fees and energy-efficient design solidify its position as a leader in corporate blockchain adoption.
The token ROSE 4.2% in 24 hours after a 7.7% jump on August 8. A decisive breakout above $0.2635 resistance on August 9 confirmed the bullish trend, with trading volume supporting further upside potential.
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