- SEC approval of generic ETF rules enables Hedera to secure DTCC ticker, hinting at possible spot ETF launches.
- Grayscale’s ETF proposals and Hedera’s mainnet v0.65 update highlight increasing institutional and technical interest in the network.
Hedera (HBAR) is trading at $0.2471, up 1.67% in the last 24 hours. Over the past year, HBAR has surged 396%, though year-to-date it remains down 7.8% due to corrections earlier this year.
Its market capitalization currently stands at $10.49 billion, with a 24-hour trading volume of $478 million, reflecting healthy liquidity. The token is still trading below its all-time high of $0.401, leaving room for further upside if bullish momentum continues.
Today’s major developments for Hedera are focused on institutional adoption and infrastructure upgrades. The U.S. SEC recently approved generic listing standards for crypto ETFs, opening the door for multiple altcoins, including XRP, Solana, and HBAR, which have now received DTCC tickers — a strong signal that spot ETFs for HBAR may soon be approved. Additionally, Grayscale has filed ETF proposals for Hedera alongside Bitcoin Cash and Litecoin, reflecting growing institutional appetite for exposure to the Hedera ecosystem.
On the technical and ecosystem side, Hedera is preparing for its v0.65 mainnet update scheduled for September 24, which is expected to enhance network performance and stability. Analysts suggest this could act as a short-term catalyst for price action.
Traders are closely watching the $0.257–$0.277 resistance zone, while support lies around $0.239–$0.230. Momentum indicators are neutral-to-bullish, suggesting the possibility of a breakout if market sentiment strengthens.
ETHNews prediction: If HBAR sustains momentum above $0.247 and breaks resistance at $0.257, it could rally toward $0.277–$0.292 in the next 5–7 days. However, failure to hold support at $0.239 may trigger a pullback toward $0.223 before resuming upward movement.
