Hbar increases after the list of Robinhood and ETF Buzz: What is feeding the rally?
The price of Hedera hashgraph (HBAR) has seen an acute increase, increasing more than 13% in the last 24 hours. The rally occurs following multiple market movement ads, including a significant list in the US version of the Robinhood trade platform and a growing anticipation around a possible Cotrice fund in Exchange (ETF) centered on HBAR. These developments have caught the attention of retail merchants and institutional investors equally.
So what is happening exactly with Hbar? Why is there a sudden race in this Altcoin when the broader cryptography market is still cautious? We are going to break it down.
Robinhood American List: A change of game for Hbar
The most immediate catalyst for the recent Pico de Hbar is its list on the American Robinhood platform, announced on July 25. While Hbar had already been available to European Robinhood users since January, the availability of currency in the United States is a much more consistent development. Robinhood has more than 20 million active accounts and is considered one of the easiest to use platforms to buy digital assets.
After the list, the Hbar price increased from around $ 0.24 to more than $ 0.28 in less than 24 hours. The negotiation volume increased by more than 61%, indicating a massive influx of retail interest. This increase suggests that the Robinhood platform, designed by simplicity and accessibility, played a crucial role in the incorporation of new HBAR investors that previously could not buy through traditional cryptography exchanges.
Technical indicators show strength
The rally is also supported by a strong technical impulse. Hbar not only exceeded the psychological barrier of $ 0.25, but also decisively broke the resistance levels around $ 0.26, key levels that had remained firm for weeks. This level also coincides with important fibonacci setback zones, which suggests that the break is more than a simple coincidence.
In addition, the Altcoin rose above its 50 -day mobile average of $ 0.20, a critical technical sign that indicates a bullish impulse. The relative resistance index (RSI) is currently in approximately 63. While that figure indicates that the currency is approaching the overload territory, it also shows that there is still room for the ascending movement before reaching the levels of exhaustion.
What is particularly remarkable is the role of algorithmic trade bots, which tend to trigger automatic purchase signs when the key resistance and mobile average lines are broken. This phenomenon probably contributed to the speed and intensity of the Hbar price action.
ETF Hopes: Could Hbar follow the path of Bitcoin?
Beyond the Robinhood list, another important impulse of Hbar’s impulse is speculation around the creation of an ETF Hbar. According to the reports, Canary Capital, a Boutique investment firm, has submitted initial documents for an ETF that would track the token of Hedera.
This has excited many investors, especially after the success of the Bitcoin Spot ETFs earlier this year. Bloomberg ETF analyst Eric Balchunas suggested that there is a 90% chance that this ETF can be approved within next year. If that happens, it would mark a monumental change for HBAR by providing a gateway to institutional investors who are currently restricted from having digital assets directly.
If past trends are a guide, the introduction of a regulated investment vehicle such as an ETF could unleash a capital torrent in the hedera ecosystem. This, in turn, could help stabilize its price, attract long -term investors and potentially increase their market capitalization.
Thrive Protocol Association indicates the long -term utility
Although the price action often steals the center of attention, the recent increase in HBAR also coincides with the fundamental developments in its ecosystem. Hedera has announced a new association with Thrive Protocol, a web incubator focused on decentralized finance (defi), artificial intelligence (AI) and active real world.
The Association aims to promote the growth of DAPPS (decentralized applications) in the high -speed network and low inheritance rate. Thrive Protocole will provide funds, tutoring and market support for initial stage -based projects. This initiative is seen as a strategic movement to attract developers and long -term innovative to the redile of hedera, increasing its usefulness and stickiness within the broader cryptographic ecosystem.
By supporting projects from incubation to launch, this collaboration could solidify the place of hedera as a reference network for blockchain solutions of scalable business grade.
Outlook presided: What comes after for Hbar?
The current Hbar trajectory raises the inevitable question, what follows?
Alcista scenario: If Hbar manages to break the resistance level of $ 0.30, analysts suggest that it could rise to $ 0.50 in the coming months. This would probably require a continuation of solid retail purchase, confirmation of ETF progress and additional networks developments.
Batter scenario: If Hbar falls below $ 0.22, the currency can test the support levels around $ 0.18. This fall could be activated by the corrections of the entire market, the taking of profits by the short -term merchants or the negative news around the ETF application.
The open interest in Hbar derivatives has also grown by 6%, a sign that more merchants are entering positions. However, financing rates, essentially the cost of maintaining long positions, have decreased slightly. This indicates that although the feeling is still upward, some merchants are becoming cautious.
Broader implications: the place of hedera in the market
Hedera has long positioned itself as a more efficient alternative to traditional block chains. Unlike Bitcoin and Ethereum, which are based on models of work test and test tests, respectively, Hedera uses a unique hashgraph mechanism. This provides faster transaction rates, lower rates and greater energy efficiency.
The network is governed by a global business council that include IBM, Google and Boeing, which adds a layer of institutional credibility that is rarely found in other cryptographic projects. Recent developments only strengthen hedera positioning as a blockchain protocol with real world applications.
If your growth trajectory continues, driven by high -profile associations, conventional exchange listings and possible regulatory green lights, HBAR could arise as one of the few alternative layers capable of closing the gap between institutional finances and decentralized innovation.
Final completion
The recent increase in Hbar is not an accident. The convergence of important exchange accessibility, bullish technical signals, strong alliances and ETF speculation have created a perfect storm for the native token of hedera.
While short -term volatility remains likely, as it does with all cryptocurrencies, the foundations that are placed today could position Hbar for sustained growth in the months and years to come. Merchants and investors would do well to maintain this increasing Altcoin in their radar.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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