HBAR's Surge Fueled by Institutional Accumulation and Bullish Signals

HBAR, the native token of Hedera Hashgraph, surged past key resistance levels in late October 2025 following a period of sharp decline, driven by easing selling pressure and institutional accumulation. Exchange inflows for HBAR plummeted from $4.43 million to $517,000, signaling a 88% reduction in short-term selling activity BeInCrypto^[1]. This decline in outflows coincided with a positive turn in the Chaikin Money Flow (CMF) indicator, which rose to 0.10, reflecting increased buying pressure from large holders BeInCrypto^[1]. The token's price rebounded over 9% in the past 24 hours, trimming part of its three-month 20% decline BeInCrypto^[1].

Technical analysis highlights a critical breakout above $0.22 as a potential catalyst for further gains. A successful move beyond this level could extend HBAR's rally toward $0.25 and, if momentum holds, $0.30 BeInCrypto^[1]. On-chain data also revealed bullish divergence on the Relative Strength Index (RSI), where prices hit a lower low while the RSI formed a higher low, indicating weakening bearish momentum BeInCrypto^[1]. This divergence aligns with a broader shift in market sentiment, as evidenced by HBAR's 23-hour rally from $0.17 to $0.19, supported by consistent volume inflows and a firm recovery from earlier lows .

Institutional participation has been a key driver of HBAR's recent resilience. A surge in trading volume, including a 15.65 million token exchange at $0.191, underscored strong institutional engagement . This activity coincided with a breakout above prior resistance at $0.190–$0.191, establishing a new technical foundation for further upside . Meanwhile, decentralized exchange (DEX) volume on Hedera's network doubled in Q3 2025, reaching $7 billion, reflecting growing utility in decentralized applications TheMarketPeriodical^[3].

Speculation around a potential spot HBAR ETF, proposed by Canary Capital with a 0.95% management fee, has also fueled optimism Coindesk^[2]. While the U.S. Securities and Exchange Commission (SEC) review remains delayed due to the government shutdown, the token's institutional appeal is evident in its recent price action. Analysts note that a successful ETF approval could enhance U.S. investor access, boosting liquidity and institutional involvement TheCurrencyAnalytics^[4].

Despite the bullish momentum, risks remain. HBAR's price remains below a descending trendline, and a drop below $0.16 could invalidate the current rebound setup BeInCrypto^[1]. Additionally, long liquidation data shows HBAR had 91.2% of its long positions liquidated, the highest among major altcoins, suggesting significant hurdles for further gains TheMarketPeriodical^[3]. However, if bulls overcome $0.24 resistance, the token could target its previous year's high of $0.40 TheMarketPeriodical^[3].

HBAR's recent performance contrasts with broader market volatility. While Bitcoin (BTC) surged past $119,000 in October, altcoins like HBAR have faced amplified swings due to elevated leverage and liquidation risks . Nevertheless, HBAR's institutional backing and real-world applications, including partnerships with BlackRock and integration into the Federal Reserve's FedNow system, position it as a resilient asset in a maturing crypto market .