hedera hashgraph hits four month high

Although skeptics have long dismissed HBAR as another overhyped altcoin, its recent price surge—catapulting from a dismal $0.13 to nearly $0.25 within weeks—demands a reevaluation of such dismissiveness, especially given the concurrent trading volume explosion surpassing $2 billion, a figure that not only shatters previous benchmarks but also exposes complacent market observers who failed to anticipate this bullish resurgence. The token’s volume skyrocketed from under $150 million the week prior, reclaiming highs last witnessed in January 2025, a clear indicator of renewed market appetite rather than mere speculative noise. This surge has also attracted sophisticated traders using altcoin options to capitalize on volatility and hedge risks effectively.

This 50% price rally within seven days, culminating in an approximately 80% gain from June lows, is no coincidence; it reflects a deliberate capital rotation within the crypto ecosystem, with HBAR capturing attention formerly reserved for more established names. Such rapid appreciation, paired with a robust volume surge, signals a momentum that technical analysis suggests could propel the token toward a $0.30 peak if current trends persist. Resistance levels have been shattered, and support firmly established around $0.24, underscoring the strength beneath this rally, rather than the fragile bubble skeptics predicted. Technical indicators like RSI and MACD are rising, reinforcing the bullish momentum driving HBAR’s advance. Moreover, Hedera’s unique DAG-based technology enables it to process up to 10,000 transactions per second, enhancing scalability and network efficiency.

Meanwhile, Hedera’s ecosystem metrics bolster this price action with tangible growth: total value locked swelling from $151 million to over $215 million, stablecoin supply nearing all-time highs, and decentralized exchange activity surging with $80 million weekly throughput. This is not just price inflation; it’s the manifestation of expanding utility and investor trust. The market’s newfound respect for HBAR starkly contrasts with Bitcoin Cash’s stagnation—a 27% underperformance that highlights shifting investor priorities in favor of networks demonstrating real adoption and regulatory optimism, especially the looming possibility of U.S. SEC-approved ETFs. The era of dismissing HBAR as a fleeting fad is over; it’s time to recognize it as a formidable contender in the altcoin arena.

You May Also Like

Coinbase Skyrockets to #137: Is Retail Crypto Interest Awakening at Last?

How surprising is it, really, that Coinbase has vaulted to number 137…

Altcoins Surge While Bitcoin Holds Firm: ETH, SUI, and SEI Drive the Shift

How long can Bitcoin’s vaunted stability overshadow the restless altcoin market before…

Is Bitcoin Destroying Our Planet? The Fierce Debate Rages On!

How can a digital currency, invisible and intangible, wreak havoc on the…

Cosmos Defies EVM Trend, Fueling ATOM’s Rapid 4% Price Surge

The prevailing narrative lauding Ethereum Virtual Machine (EVM) dominance in blockchain interoperability…