HBAR Targets $0.22 as Virginia Launches Hedera-Based Credit Trading Platform

Virginia just fired a regulatory cannonball across the bow of traditional finance—and it's running on Hedera.

The Institutional On-Ramp

Forget speculative memecoins. This is a state government deploying a public distributed ledger for verifiable carbon credit trading. The platform cuts out legacy verification middlemen, bypasses slow settlement rails, and stamps each credit with an immutable audit trail. It’s infrastructure, not hype.

The $0.22 Signal

Markets are forward-looking machines. A major U.S. state choosing Hedera’s hashgraph consensus for a regulated environmental market isn’t a ‘partnership’ press release—it’s a validation of enterprise-grade utility. That utility fuels the price target. The $0.22 level isn't plucked from thin air; it represents the next key technical and psychological resistance, a threshold the token hasn't meaningfully challenged since the last cycle's frenzy died down.

The New Playbook

This move redefines the ‘catalyst’ playbook. Price pumps from exchange listings are fleeting. Sustained momentum comes from real-world adoption that generates fees, demands HBAR for transactions, and proves the network’s value beyond the crypto echo chamber. Virginia’s platform does precisely that—it turns HBAR from a speculative asset into a required utility token for a growing, compliant market.

The cynical finance jab? Wall Street has spent a decade and billions trying to ‘blockchain-ify’ carbon credits. A state government just did it with a public ledger, proving sometimes the most innovative finance happens outside the zip codes with the highest private equity density.

Watch the $0.22 level. If it breaks on sustained volume, it won't be because of a tweet. It'll be because a ledger designed for trust finally found its purpose in a market built on it.

HBAR Technicals Suggest a Recovery Phase Ahead

The Hedera (HBARUSD) chart on the 4-hour time frame reveals a prominent fall from the level of $0.13 to just below $0.103 in a few days due to constant selling. However, short green candles indicate slight pullbacks that lacked the strength to continue the rise. The market finally gets support around $0.103, marking the beginning of the recovery phase with buyers entering and pushing prices higher. The ongoing market rise represents stabilization around the crash level.

Source: TradingView

The technical indicators also support such a trend. The RSI has risen from oversold regions to a relatively neutral zone at 51. This marks a reduction in selling pressure and subsequent buying activity. Similarly, the MACD indicator also identifies positive trends. The MACD line moves above the signal line, with the histogram plotted above zero. This typically marks a trend reversal.

HBAR Sets Sights on $0.22 After Completing ABC Correction

Moreover, the crypto analyst, Columbus, highlighted that the Hedera (HBAR) is performing very well on all time frames, marking a new wave of confidence in the markets. Technical analysis indicates that the ABC correction cycle might have ended, with the HBAR reaching the 0.886 Fibonacci retracement level, an essential signal that defines the completion of a correction.

Source: Columbus

Experts advise waiting for confirmation before entering long trades. A break of the trendline and subsequent successful retest could be a more reliable entry point. If so, the next target for the HBAR token WOULD be the $0.22 level, further solidifying its strong fundamental outlook, which makes it a token that traders should consider.

Also Read: Hedera (HBAR) Targets $0.19 After CME Feed Launch and GBBC Collaboration