HBAR Rises 5.2% on Grayscale ETF Launch and BlackRock Filing Hype

HBAR, the native token of the Hedera Hashgraph network, is currently trading at $0.2491, reflecting a 5.2% intraday increase. With a 24-hour trading volume of $619.47 million and a market capitalization of $10.56 billion, the token ranks 22nd among altcoins by capitalization. The circulating supply stands at 42.39 billion tokens, with a fixed maximum supply of 50 billion HBAR [1].

A key driver behind HBAR’s recent performance is the announcement that Grayscale has officially registered a Hedera Trust ETF. This move has triggered a surge in both price and trading volume, signaling growing institutional interest and potentially opening the door for broader retail and institutional exposure to the token. CoinGecko highlights that HBAR is currently consolidating and technically preparing to test key resistance levels around $0.2750 USD [2].

Further amplifying the bullish momentum is the expectation that BlackRock will file a Spot Hedera ETF by Monday. This development has already begun to attract speculative capital inflows into HBAR markets across centralized exchanges, drawing attention from both retail and strategic investors seeking long-term exposure to the platform [3].

On the technological front, Hedera continues to expand its infrastructure through enterprise partnerships. A significant milestone was reached with the confirmation that Hedera’s protocol has been integrated as a Tier-1 network on Dfns, a high-assurance custody solution for institutions. This integration supports the development of DeFi, AI, and tokenization solutions on the Hedera network, reinforcing its role in building secure and high-speed blockchain-based infrastructure [4].

The broader macro environment remains supportive for HBAR’s ascent. Bitcoin remains above $117,800, while Ethereum consolidates near $4,550, creating a favorable backdrop for altcoins with strong fundamentals. As Bitcoin’s dominance index drops below 58%, HBAR and other smart contract platforms are attracting increased liquidity and investor attention, particularly those with real-world utility and institutional backing [5].

From a technical standpoint, HBAR is currently supported by a base between $0.2450 and $0.2480 USD. The immediate resistance level is at $0.2752 USD, with a successful breakout potentially propelling the token toward the $0.30–$0.32 USD range in the short term [6]. On-chain metrics also indicate rising wallet activity and increasing developer participation, alongside a declining supply on centralized exchanges, suggesting growing confidence among long-term holders [7].

Sources:

[1] CoinMarketCap Community,