Hedera HBAR Jumps to $0.26 Amid BlackRock ETF Speculation
Hedera's HBAR token gained 2.41% to reach $0.26 as institutional interest grew, driven by rumors of a potential BlackRock spot ETF filing. The unconfirmed speculation, originating from a crypto analyst's August 13 social media post, aligns with Hedera's recent achievement of an $11 billion market cap.
Whale accumulation trends and neutral RSI indicators suggest potential for further growth. The combination of ETF rumors and significant holder activity has created a reinforcing bullish momentum for this distributed ledger technology platform.