Hedera's HBAR token surged over 10% within 24 hours, breaking through the key resistance level of $0.12, reaching a multi-week high, with daily trading volume exceeding $166 million. Analysts attribute this rally to post-holiday portfolio rebalancing, increased risk appetite, and stable capital inflows into HBAR spot ETFs, which currently have a net asset value of over $50 million. The continued adoption of real-world asset tokenization by enterprises and a technical breakout from consolidation patterns suggest that the HBAR token still has further upside potential, with an initial target price around $0.13.
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Hedera's HBAR token surged over 10% within 24 hours, breaking through the key resistance level of $0.12, reaching a multi-week high, with daily trading volume exceeding $166 million. Analysts attribute this rally to post-holiday portfolio rebalancing, increased risk appetite, and stable capital inflows into HBAR spot ETFs, which currently have a net asset value of over $50 million. The continued adoption of real-world asset tokenization by enterprises and a technical breakout from consolidation patterns suggest that the HBAR token still has further upside potential, with an initial target price around $0.13.