Hedera’s HBAR Price Skyrockets: 5 Bullish Drivers Behind the Surge
Hedera’s native token HBAR is defying market gravity—here’s why traders are piling in.
Enterprise adoption goes brrr
Fortune 500 giants are quietly swapping legacy systems for Hedera’s hashgraph tech. No surprise—faster finality than Ethereum and lower fees than Visa.
Staking rewards juicing demand
With APYs outpacing Treasury bonds, yield farmers are treating HBAR like a high-risk savings account. (Cue the ‘this time it’s different’ chorus.)
Regulators give (tentative) nod
While the SEC plays whack-a-mole with other alts, Hedera’s GC membership structure keeps it off the enforcement radar—for now.
Ecosystem expansion hits critical mass
From DeFi to carbon credits, developers are building real use cases—not just NFT monkey jpegs.
Short squeeze turbocharges rally
Perps traders got caught leaning the wrong way when HBAR blasted through resistance levels. Cue the liquidations.
Is this sustainable or just another crypto sugar high? Ask the ‘institutional adoption’ PowerPoint slides—they’ve never been wrong before.
HBAR price technical analysis
The daily chart shows that the HBAR price formed a double-bottom pattern at $0.1242, its lowest point on April 7 and June 22. Its neckline was at $0.2275, its highest level in May this year.
Hedera has already made a break-and-retest pattern by moving back to the support at $0.2275. A break-and-retest is a highly common bullish continuation sign.
Hedera has also moved above the 38.2% Fibonacci Retracement level, and formed a golden cross. This golden cross happens when the 50-day and 200-day moving averages cross each other.
Therefore, the HBAR token is likely to continue rising as bulls target the key resistance at $0.2985, its highest point this month, which is approximately 12% above the current level. A jump above that level will point to more gains to last year’s high, which is about 50% above the current level.
