HBAR, the native cryptocurrency of the Hedera network, is currently grappling with a critical support threshold at $0.23. The recent price drop, exceeding 3% in a single day, signals increased volatility surrounding the token’s short-term outlook.

Trading volume surged past 80 million during pivotal intraday sessions on August 21, highlighting growing market activity during sensitive price shifts. While the price action points to weakness, emerging fundamentals continue to bolster investor sentiment toward HBAR’s long-term trajectory.

SWIFT’s Blockchain Trials Could Boost HBAR’s Adoption

A major bullish driver for HBAR is SWIFT’s announcement to incorporate the token into its upcoming blockchain-based payment trials. Slated to begin in November 2025, these trials will tap into SWIFT’s extensive cross-border infrastructure, handling over $150 trillion globally each year. Featuring HBAR in these tests spotlights Hedera’s potential role in modernizing the underlying rails of international finance.

This trial represents a significant validation of hashgraph technology, particularly its ability to process more than 10,000 transactions per second. The high throughput and consensus mechanism provide a scalable alternative to traditional blockchain platforms, ensuring low latency and fixed transaction fees—appealing factors for large financial networks.

ETF Speculation Adds Momentum

In addition to SWIFT’s pilot plans, HBAR received another boost from the investment side. Market chatter surrounding a potential HBAR exchange-traded fund (ETF) gained credibility after Grayscale filed trust documents in Delaware tied to the asset. This development sparked renewed discussion among institutional investors regarding HBAR’s suitability for broader investment products.

As Grayscale moves to expand its crypto offerings, HBAR’s inclusion showcases rising demand for exposure to novel digital assets beyond established coins like Bitcoin or Ethereum. If confirmed, an ETF launch could amplify liquidity and further embed HBAR into mainstream portfolios.

Chart illustrates HBAR/USD price testing the $0.23 support level with elevated trading volume. Source: TradingView.

Key Technical Indicators at a Crossroads

From a technical standpoint, HBAR’s recent price range exhibits heightened tension between bears and bulls. The token maintains a narrow $0.01 trading band, fluctuating between support at $0.23 and resistance near $0.24, producing approximately 2.40% intraday volatility.

Analysts noted that volume exceeded the 80 million mark during critical midday reversals, signaling intense market activity aligned with trend shifts. Such volume spikes often preempt directional moves, indicating potential price expansion once HBAR breaks past current boundaries.

While support has held thus far, continued downward pressure could reset price targets lower unless new catalysts emerge. Conversely, sustained backing from institutional players and ongoing integration initiatives may push momentum back toward bullish territory.

Hashgraph’s Role in Modern Finance

HBAR distinguishes itself with its hashgraph consensus model, which diverges from typical blockchain structures by offering asynchronous Byzantine fault tolerance and consensus through a gossip protocol. These technical aspects enhance network efficiency and security—a critical consideration for enterprise adoption.

As more partnerships and use cases emerge, including real-time payments and asset tokenization, Hedera’s value proposition becomes clearer. The alignment of scalable network infrastructure with institutional compliance requirements makes HBAR a notable contender in the evolving financial ecosystem.

With integration into global payment networks on the near horizon, HBAR is securing its position as both a technical and fundamental asset with robust long-term potential, despite present market fluctuations.

Related: XRP Set for Explosive Breakout: 1B Accumulation, Japan Crisis & ETF Surge

Disclaimer: Parts of this content may have been generated using AI tools and reviewed for editorial accuracy. For more details, read our standards and AI policy.