- Analysts monitor resistance near $0.30–$0.32, with breakout potential targeting $0.34–$0.36 and possibly revisiting this year’s peak.
- Daily trading volume surpassed $1.1 billion, reflecting strong market confidence and positioning HBAR among top-performing digital assets recently.
Hedera (HBAR) is trading at $0.293, showing a strong daily gain of +4.73%. This rally follows a sequence of bullish price movements that have pushed HBAR up more than 104% over the past month and nearly 10% over the last week.
This price increase follows the recent listing of HBAR on Robinhood’s U.S. platform, a major development that has significantly boosted retail investor exposure. Immediately after the listing, HBAR jumped 8%, and within 24 hours became the top daily gainer among the top 20 cryptocurrencies, according to CoinDesk.
The market is reacting favorably to recent infrastructure improvements, especially following Hedera’s successful mainnet upgrade on July 23 and testnet update on July 24, which have reinforced network stability and performance.
Technically, HBAR is now approaching key resistance levels near $0.30–$0.32, with analysts eyeing a potential breakout toward its all-time high of $0.401, last reached earlier this year.
Many investors are turning bullish as HBAR consolidates above its previous resistance zones and maintains higher lows. The platform’s strengths—such as fixed transaction costs, fast finality, and a governing council including tech giants like Google and IBM—are once again drawing institutional interest, particularly in sectors like aerospace, IoT, and finance.
Market sentiment is buoyant, supported by over $1.1 billion in daily trading volume. Community commentary indicates growing confidence, with many likening HBAR’s current price level to early Bitcoin days in terms of long-term opportunity. If this upward trajectory continues and market conditions remain favorable, HBAR could push into the $0.34–$0.36 range within the next week.
