• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Stabilization and Potential Rise of Hedera Hashgraph Price

user avatar

by Giorgi Kostiuk

a year ago

Hedera Hashgraph has shown growth over two days, reaching a high not seen since January. Investors anticipate the approval of an exchange-traded fund in the US, maintaining current interest.

Current Price Analysis of HBAR

Hedera Hashgraph (HBAR) has risen to $0.3140, about 600% above its lowest level in 2024. The token's market cap exceeds $11.3 billion. Investor anticipation of ETF approval supports the price rise.

Potential ETF Impact on Price

Canary, an emerging fund manager, has applied for an HBAR-focused ETF. Analysts point to a strong chance of approval. JPMorgan forecasts SEC's approval of crypto funds, paving the way for a Hedera ETF, with Ripple (XRP) and Solana (SOL) as examples of substantial investment attraction.

Technical Analysis and Forecast

The daily chart forms a symmetrical triangle, indicating a potential bullish breakout for HBAR. Trading above the 50-day moving average at the Murrey Math Lines resistance, the next crucial level is $0.3920, a break of which could lead to further gains.

Hedera Hashgraph is in a consolidation phase, poised for potential growth. The anticipated ETF approval could serve as a market catalyst.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Oil Companies Face Significant Challenges in Venezuela

chest

US oil companies face significant challenges in re-entering the Venezuelan market, including economic instability and the need for a comprehensive recovery plan.

user avatarTando Nkube

Supporters of Pi Network Emphasize Long-Term Value Over Short-Term Price Fluctuations

chest

Supporters of Pi Network emphasize long-term value based on real-world adoption despite recent price declines.

user avatarAyman Ben Youssef

Uncertainty Surrounds Pi Network's Roadmap and Upcoming Token Unlock

chest

Uncertainty surrounds the Pi Network's roadmap and an upcoming token unlock, causing tension among investors due to lack of transparency and potential selling pressure.

user avatarSon Min-ho

UK Prosecutors Target Craig Costello's Assets in Drug Trafficking Case

chest

UK prosecutors are seeking to seize all assets of Craig Costello, a convicted drug trafficker, due to illegal profits from his activities.

user avatarNguyen Van Long

Investors Cautioned on Timing Re-Entry into Crypto Market

chest

Investors are advised to carefully consider their re-entry into the cryptocurrency market amid volatility.

user avatarKofi Adjeman

Pressdia Emerges as a New PR Infrastructure in Africa

chest

Pressdia, launched in March 2025 by Olanrewaju Alaka, is addressing the evolving needs of African startups and businesses by providing a transparent and scalable PR platform.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.