After a weekend rally that saw HBAR surge nearly 14%, Hedera’s native token is taking a breather Monday, trading above $0.28 mark. On Saturday, HBAR briefly touched $0.30 level, securing its spot as the top daily gainer among the top 20 cryptocurrencies by market cap.
The weekend spike capped off an impressive run for HBAR, which jumped nearly 19% in a single day and over 31% in the past week.
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With its market capitalization climbing to $11.92 billion and trading volume up 126%, HBAR has reasserted itself as one of the strongest performers in the altcoin space this month.
Robinhood Listing Sends HBAR Soaring
Fueling the rally was a major announcement from Robinhood, which added HBAR to its trading platform on July 25. The move was confirmed by the Hedera Foundation in a post on X, signaling a key milestone in the token’s journey toward mainstream accessibility.
“As one of the largest retail trading platforms in the world, this marks a pivotal moment for accessibility to the network,” wrote Hedera Foundation.
Robinhood’s decision comes amid a broader push to expand its crypto offerings, having recently listed other blockchain assets, such as AVAX and DOT.
The inclusion of HBAR not only opens the door to a broader retail audience but also aligns with a larger industry trend, bringing scalable blockchain technology to everyday users.
Underlying Momentum: More Than Just Hype
HBAR’s recent price surge isn’t just about its debut on Robinhood. A broader wave of momentum is building behind Hedera’s native token, driven by a trio of powerful market forces.
Speculation around a potential spot ETF in the U.S. has stirred investor interest, while Hedera’s growing DeFi ecosystem now holds over $215 million in TVL. Continued enterprise adoption, from AI infrastructure to supply chain traceability, further reinforces the real-world use of its network.
Technicals Paint a Bullish Picture
From a technical standpoint, HBAR is trading around $0.284, just below key resistance at $0.30, which aligns with the 0.618 Fibonacci level.
After a strong rally that pushed the price from the $0.22–$0.26 range, the token is now pausing, showing signs of consolidation.
In the short term, a successful break and close above $0.30 could open the path to $0.34, followed by stronger resistance near $0.373–$0.38, a key swing level from previous highs. If momentum continues, a run toward $0.40 becomes likely.
If rejected, HBAR may retest support at $0.26, and possibly dip to $0.22–$0.24, a key demand zone near the 200-day MA.
On the Flipside
- RSI is forming a bearish divergence on a daily HBAR timeframe. The formation typically suggests that the bullish momentum is weakening, even though the price is still climbing.
Why This Matters
HBAR’s listing on Robinhood represents a major step toward mainstream crypto adoption. As one of the world’s top retail platforms, Robinhood brings Hedera’s scalable, enterprise-grade blockchain technology to millions of everyday investors.
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People Also Ask:
HBAR is the native cryptocurrency of the Hedera Hashgraph network, used for transaction fees, network security, and application utility.
Hedera uses a unique hashgraph consensus algorithm, which is not a traditional blockchain. It offers faster transactions, low fees, and high energy efficiency.
HBAR is used to pay for network services (like smart contracts and file storage), and to secure the network via proof-of-stake consensus.
HBAR has real-world utility, enterprise adoption, and a growing DeFi ecosystem. However, like all cryptocurrencies, it carries market risks and should be researched thoroughly.
Hedera processes over 10,000 transactions per second (TPS) with finality in seconds and average transaction fees of under $0.001.
