HBAR Primed for Explosive Rally as Grayscale Files Hedera Trust – Time to Load Up?

Grayscale just lit the fuse on HBAR's next bull run. The crypto asset manager's surprise Hedera Trust filing sends a clear signal: institutional money wants in on enterprise blockchain's sleeping giant.

Price coiled like a spring

HBAR's been range-bound for weeks while the broader market pumped. Classic accumulation pattern before a violent move. Grayscale's paperwork could be the catalyst that sends it screaming past resistance.

Wall Street's late to the party (again)

While TradFi dinosaurs scramble to file paperwork, retail traders who spotted Hedera's enterprise adoption early are already sitting pretty. Nothing moves markets like FOMO from suits with deep pockets.

Watch the $0.20 level like a hawk – break that, and we're looking at a liquidity vacuum straight to Q2 highs. Just don't expect the 'smart money' to admit they're chasing retail's lead this time.

What’s driving HBAR price?

Apart from the strong technical setup, HBAR price momentum is being supported by a recent fundamental development. Just two days ago, on August 12, Grayscale registered the Hedera Trust ETF in Delaware, alongside a Cardano (ADA) ETF. These registrations are significant because they often precede official S-1 filings with the SEC, signaling a potential launch of a regulated investment vehicle for HBAR.

💥 BREAKING:

BLACKROCK TO SUBMIT HEDERA ( $HBAR ) SPOT ETF FILING BY MONDAY.

MASSIVE IF TRUE! pic.twitter.com/3eado1csYr

There is also speculation that BlackRock will file for a Hedera ETF by Monday.