Key takeaways
- Hedera’s HBAR has risen about 1% and is trading above $0.22.
- The coin could climb higher as Grayscale seeks SEC approval to launch an HBAR ETF.
HBAR ETF gray‑area filings
Crypto markets have trended upward in recent days, with Bitcoin reclaiming the $113,000 zone while Hyperliquid’s HYPE hit a new all‑time high. Hedera’s HBAR has also gained momentum, rising more than 3% over the past seven days.
HBAR could move higher amid growing ETF speculation. Asset manager Grayscale has filed S‑3 registration statements for exchange‑listed funds tied to Bitcoin Cash and Hedera (HBAR). If approved, these funds would join Grayscale’s expanding lineup of crypto ETFs, which already includes the spot Bitcoin and Ether ETFs launched last year.
Hedera has emerged as a leading blockchain in the crypto space and has recently positioned itself as a key platform for RWA (real‑world asset) projects. Its HBAR token ranks among the top cryptocurrencies by market cap, approaching $10 billion. Approval of a spot HBAR ETF could spark significant gains, potentially pushing the token toward a new all‑time high for the first time in four years.
HBAR eyes $0.27 amid solid technical setup
The HBAR/USD 4‑hour chart shows an uptrend driven by the ongoing market rally. Technical indicators are strong, suggesting HBAR may be preparing for a breakout.
An RSI reading near 63 indicates bullish momentum, and MACD lines are approaching positive territory. If the uptrend continues, HBAR could first test major resistance around $0.245 before attempting to reclaim its August peak near $0.27.
If that momentum fails to materialize, HBAR may retrace to the recent support around $0.22 and could re‑test the weekend low at $0.21046. Nonetheless, the overall market trend remains bullish, and HBAR has the potential to reach new highs in the coming days and weeks.