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⚠️ #XRP , #SOL , #ADA — LONG!
Trump has finally decided to pump the market. He posted some interesting information on his Truth Social account.
President Trump announces strategic reserve of cryptocurrencies including XRP, SOL and ADA.
“ The U.S. Cryptocurrency Reserve will take this critical industry to the next level after years of corruption under the Biden administration. That’s why my Executive Order on Digital Assets tasked the Presidential Task Force to create a Strategic Cryptocurrency Reserve that will include XRP, SOL, and ADA. I will ensure that the U.S. becomes the crypto capital of the world. We will Make America Great Again! ”
🔵 Cardano founder Charles Hoskinson said he didn't know President Trump would include $ADA in his proposed crypto reserve until the day it was announced.
🔸 If the ADA price exceeds $0.98, the amount of liquidations on Cardano short positions could exceed $50 million.
#TrumpCongressSpeech
Trump has finally decided to pump the market. He posted some interesting information on his Truth Social account.
President Trump announces strategic reserve of cryptocurrencies including XRP, SOL and ADA.
“ The U.S. Cryptocurrency Reserve will take this critical industry to the next level after years of corruption under the Biden administration. That’s why my Executive Order on Digital Assets tasked the Presidential Task Force to create a Strategic Cryptocurrency Reserve that will include XRP, SOL, and ADA. I will ensure that the U.S. becomes the crypto capital of the world. We will Make America Great Again! ”
🔵 Cardano founder Charles Hoskinson said he didn't know President Trump would include $ADA in his proposed crypto reserve until the day it was announced.
🔸 If the ADA price exceeds $0.98, the amount of liquidations on Cardano short positions could exceed $50 million.
#TrumpCongressSpeech
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📉 Trump Is Losing Money Too
Friends, if you're feeling down because of a dip in your portfolio, keep in mind — Trump is also sitting in the red.
Trump’s portfolio is currently down by $124 million!
He’s riding out this drawdown right alongside us. This man clearly didn’t pick his coins randomly — I believe he knows very well that there’s light at the end of the tunnel and the long-awaited altcoin rally is coming.
#Trump #DonaldTrump
Friends, if you're feeling down because of a dip in your portfolio, keep in mind — Trump is also sitting in the red.
Trump’s portfolio is currently down by $124 million!
He’s riding out this drawdown right alongside us. This man clearly didn’t pick his coins randomly — I believe he knows very well that there’s light at the end of the tunnel and the long-awaited altcoin rally is coming.
#Trump #DonaldTrump
📊 $HBAR price in pullback mode but technicals point to big reversal
🔸 HBAR price Elliot Wave analysis
Hedera (HBAR) token dropped to $0.2147, with its volume and futures open interest falling to $193 million and $357 million, respectively.
Technical analysis suggests an eventual rebound in the HBAR price. A closer look shows that it rose from a low of $0.1265 on June 22 to a high of $0.3047 on July 27. This surge was the first phase of the Elliot Wave pattern.
The Hedera price has now entered the second phase, characterized by a pullback that is between a 50% and 61.8% retracement of the first phase.
This phase is then followed by the third wave, which is usually the longest. In this case, it may jump to last year’s high of $0.40, which is about 85% above the current level.
The coin has formed other positive chart patterns. For example, it has formed a bullish flag pattern, which is characterized by a vertical line and a descending channel. This pattern resembles a hoisted flag, and it often leads to a strong bullish breakout.
Hedera Hashgraph price also remains above the 100-day Exponential Moving Average. That is a sign that bulls remain in control despite the recent pullback.
🔸 Hedera stablecoin growth and ETF approval
A potential catalyst for the HBAR price is the ongoing rebound of stablecoin supply. Data compiled by DeFi Llama shows that the USDC supply increased by $45 million over the last seven days. This rebound has brought its total supply to over $115 million.
Stablecoins are a crucial component of any layer-1 or layer-2 network, particularly following the signing of the GENIUS Act. This growth explains why Justin Sun’s Tron has become one of the biggest and most profitable networks in the crypto industry.
The other potential catalyst for the HBAR price is that the Securities and Exchange Commission is considering multiple ETFs. An HBAR ETF is likely to boost the price due to rising demand from American investors.
#Hedera #HBAR
🔸 HBAR price Elliot Wave analysis
Hedera (HBAR) token dropped to $0.2147, with its volume and futures open interest falling to $193 million and $357 million, respectively.
Technical analysis suggests an eventual rebound in the HBAR price. A closer look shows that it rose from a low of $0.1265 on June 22 to a high of $0.3047 on July 27. This surge was the first phase of the Elliot Wave pattern.
The Hedera price has now entered the second phase, characterized by a pullback that is between a 50% and 61.8% retracement of the first phase.
This phase is then followed by the third wave, which is usually the longest. In this case, it may jump to last year’s high of $0.40, which is about 85% above the current level.
The coin has formed other positive chart patterns. For example, it has formed a bullish flag pattern, which is characterized by a vertical line and a descending channel. This pattern resembles a hoisted flag, and it often leads to a strong bullish breakout.
Hedera Hashgraph price also remains above the 100-day Exponential Moving Average. That is a sign that bulls remain in control despite the recent pullback.
🔸 Hedera stablecoin growth and ETF approval
A potential catalyst for the HBAR price is the ongoing rebound of stablecoin supply. Data compiled by DeFi Llama shows that the USDC supply increased by $45 million over the last seven days. This rebound has brought its total supply to over $115 million.
Stablecoins are a crucial component of any layer-1 or layer-2 network, particularly following the signing of the GENIUS Act. This growth explains why Justin Sun’s Tron has become one of the biggest and most profitable networks in the crypto industry.
The other potential catalyst for the HBAR price is that the Securities and Exchange Commission is considering multiple ETFs. An HBAR ETF is likely to boost the price due to rising demand from American investors.
#Hedera #HBAR
🟠 Bitmine has increased its portfolio to 2.42 million ETH (+264k in a week).
And on the same night, Tether quietly issued 1 billion USDT. Someone is clearly preparing the ground for a market move.
And on the same night, Tether quietly issued 1 billion USDT. Someone is clearly preparing the ground for a market move.
🐳 Whales Are Buying Bitcoin
According to LookonChain,
a major whale has purchased 2,261 $BTC over the last 4 days, totaling about $247 million.
📈 He is actively increasing
positions amid the market decline — a classic "buy the dip" strategy.
✔️ Such interest from large players may signal confidence in Bitcoin for the long term, despite current volatility.
#BTC #Bitcoin
According to LookonChain,
a major whale has purchased 2,261 $BTC over the last 4 days, totaling about $247 million.
📈 He is actively increasing
positions amid the market decline — a classic "buy the dip" strategy.
✔️ Such interest from large players may signal confidence in Bitcoin for the long term, despite current volatility.
#BTC #Bitcoin
🔥 World Liberty Financial will buy back and burn its token
The community voted for 100% of treasury funds to be used for the buyback and burning of the $WLFI token.
The team will start implementation this week and will publicly show their operations.
This news did not particularly affect the token price 🤷♂️
#WLFI
The community voted for 100% of treasury funds to be used for the buyback and burning of the $WLFI token.
The team will start implementation this week and will publicly show their operations.
This news did not particularly affect the token price 🤷♂️
#WLFI
🔥 Traders are actively opening short positions on altcoins, which increases the likelihood of liquidations.
Stay up to date with the latest news with @TopCryptoNews
#Crypto #Short
Stay up to date with the latest news with @TopCryptoNews
#Crypto #Short
📉 Bitcoin Falls Below $111K, Crypto Stocks Plunge as GDP Revision Dampens Rate Cut Odds
Crypto prices took another leg lower on Thursday while crypto-related stocks sold off after U.S. economic growth was revised sharply higher.
The U.S. government reported that gross domestic product expanded at a 3.8% annualized rate in the second quarter, up from 3.3% in the previous estimate and well above the 3% initially reported.
Alongside, initial jobless claims tumbled to 218,000 from 232,000 the previous week and well below expectations for 235,000 — putting into question the idea that the employment market is weakening.
The much-stronger than anticipated data tapered expectations for the Federal Reserve cutting interest rates further next month. Traders now assign a 17% chance the Fed keeps rates unchanged, up from 8% a day earlier, according to the CME FedWatch.
The 10-year U.S. Treasury yield surged to nearly 4.20% following the reports, highest in three weeks. That helped send U.S stocks lower, with the Nasdaq sliding more than 1%. It's since trimmed that loss to 0.5%.
After strongly outperforming bitcoin for several months, ETH has given up major ground, with the ETH/BTC ratio having returned to flat year-to-date versus up 20% four weeks ago.
Solana's (SOL) has been another recent favorite amid hype of newly formed digital asset treasury company's and increased corporate adoption. It, though, is lower by 6% over the past 24 hours and nearly 20% over the last week.
🔸 Stocks lower
Crypto-related stocks fell sharply across the board Thursday. Strategy (MSTR), the largest corporate bitcoin holder, slid 4.5%, while crypto exchange Coinbase (COIN) fell 4.1%. Miners were hit even harder: Cipher Mining (CIFR), despite an early rally on Google AI hosting deal news, was down 9.4%, while HIVE Digital (HIVE), Bitdeer (BTDR), Bitfarms (BITF) plunged 6%-8%.
Stablecoin issuer Circle (CRCL) also retreated 4.4% and Galaxy Digital (GLXY) slid 3.7%, extending the weakness across the sector.
#BTC #Bitcoin
Crypto prices took another leg lower on Thursday while crypto-related stocks sold off after U.S. economic growth was revised sharply higher.
The U.S. government reported that gross domestic product expanded at a 3.8% annualized rate in the second quarter, up from 3.3% in the previous estimate and well above the 3% initially reported.
Alongside, initial jobless claims tumbled to 218,000 from 232,000 the previous week and well below expectations for 235,000 — putting into question the idea that the employment market is weakening.
The much-stronger than anticipated data tapered expectations for the Federal Reserve cutting interest rates further next month. Traders now assign a 17% chance the Fed keeps rates unchanged, up from 8% a day earlier, according to the CME FedWatch.
The 10-year U.S. Treasury yield surged to nearly 4.20% following the reports, highest in three weeks. That helped send U.S stocks lower, with the Nasdaq sliding more than 1%. It's since trimmed that loss to 0.5%.
After strongly outperforming bitcoin for several months, ETH has given up major ground, with the ETH/BTC ratio having returned to flat year-to-date versus up 20% four weeks ago.
Solana's (SOL) has been another recent favorite amid hype of newly formed digital asset treasury company's and increased corporate adoption. It, though, is lower by 6% over the past 24 hours and nearly 20% over the last week.
🔸 Stocks lower
Crypto-related stocks fell sharply across the board Thursday. Strategy (MSTR), the largest corporate bitcoin holder, slid 4.5%, while crypto exchange Coinbase (COIN) fell 4.1%. Miners were hit even harder: Cipher Mining (CIFR), despite an early rally on Google AI hosting deal news, was down 9.4%, while HIVE Digital (HIVE), Bitdeer (BTDR), Bitfarms (BITF) plunged 6%-8%.
Stablecoin issuer Circle (CRCL) also retreated 4.4% and Galaxy Digital (GLXY) slid 3.7%, extending the weakness across the sector.
#BTC #Bitcoin
🔵 Cardano Still Caught in Bear Trap, Can $1,470,000,000 Open Interest Change Trend?
Cardano (ADA), the 10th-ranked cryptocurrency, has been on a downward spiral in the last seven days, shedding 13.96% of its value. Bears continue to dominate the Cardano market space as the asset appears to have lost momentum. ADA’s open interest in the last 24 hours suggests investors have not lost hope.
🔸 Cardano’s oversold RSI signals potential ADA rebound
As per CoinGlass data, Cardano holders have committed $147 billion to the asset’s future within this period. Open interest refers to the total sum of unsettled active futures contracts that investors have committed to Cardano.
This $1.47 billion represents 1,870,000,000 ADA, a 3.18% increase in the last four hours. The volume of ADA and funds committed suggests that investors are trying to shake off the bears amid anticipation of a positive price reversal.
Broader technical signals suggest that upward momentum might be triggered by this increase in open interest. Notably, Cardano’s Relative Strength Index (RSI) at 30.97 signals oversold conditions. ADA is likely to rebound from this, given the renewed interest from holders.
The asset has been flashing bullish signs, with the price climbing from a low of $0.7886 to an intraday peak of $0.8291. As of press time, Cardano exchanges at $0.7882, representing a 3.43% decrease in the last 24 hours.
An analysis of the data shows that most of the ADA holders anticipating a bullish rally are on Binance. These accounts account for 19.39% of the total open interest and have committed $285.75 million or 362.47 million ADA.
🔸 Can Cardano whales cause breakout to $1?
A major catalyst that could get Cardano to the elusive $1 might be ecosystem whales. In a recent market frenzy, these large holders snapped up 20 million ADA and caused prices to spike by over 7%. It also pushed the price closer to $1 as ADA changed hands at $0.946.
A recurrence amid this uptick in open interest could serve to boost Cardano’s upward momentum.
#ADA #Cardano
Cardano (ADA), the 10th-ranked cryptocurrency, has been on a downward spiral in the last seven days, shedding 13.96% of its value. Bears continue to dominate the Cardano market space as the asset appears to have lost momentum. ADA’s open interest in the last 24 hours suggests investors have not lost hope.
🔸 Cardano’s oversold RSI signals potential ADA rebound
As per CoinGlass data, Cardano holders have committed $147 billion to the asset’s future within this period. Open interest refers to the total sum of unsettled active futures contracts that investors have committed to Cardano.
This $1.47 billion represents 1,870,000,000 ADA, a 3.18% increase in the last four hours. The volume of ADA and funds committed suggests that investors are trying to shake off the bears amid anticipation of a positive price reversal.
Broader technical signals suggest that upward momentum might be triggered by this increase in open interest. Notably, Cardano’s Relative Strength Index (RSI) at 30.97 signals oversold conditions. ADA is likely to rebound from this, given the renewed interest from holders.
The asset has been flashing bullish signs, with the price climbing from a low of $0.7886 to an intraday peak of $0.8291. As of press time, Cardano exchanges at $0.7882, representing a 3.43% decrease in the last 24 hours.
An analysis of the data shows that most of the ADA holders anticipating a bullish rally are on Binance. These accounts account for 19.39% of the total open interest and have committed $285.75 million or 362.47 million ADA.
🔸 Can Cardano whales cause breakout to $1?
A major catalyst that could get Cardano to the elusive $1 might be ecosystem whales. In a recent market frenzy, these large holders snapped up 20 million ADA and caused prices to spike by over 7%. It also pushed the price closer to $1 as ADA changed hands at $0.946.
A recurrence amid this uptick in open interest could serve to boost Cardano’s upward momentum.
#ADA #Cardano
📊 Pi Network Adoption Surges in China as Merchants Embrace $PI
Pi Network is seeing strong momentum in China as more merchants begin accepting its native token $PI for payments. From local restaurants and shops to service providers. The number of Pi accepting locations across the country is increasing rapidly. Community members say this growing adoption highlights the project’s potential for real-world utility. Even before its long-awaited mainnet launch.
🔸 Merchants Drive Real-World Use
According to updates shared by community channels. The Pioneer Map in China is lighting up with new businesses that accept Pi payments. Many local merchants are adding Pi to their list of payment options to attract customers of the Pi community. This development shows how digital currency can gradually move from speculative trading to everyday use. For merchants, Pi offers an alternative payment method with lower costs compared to traditional financial services. It provides an opportunity to use a digital asset directly for goods and services for customers. The expansion of this ecosystem also boosts visibility for Pi Network at a time when digital assets are competing for mainstream adoption.
🔸 The “AI Pi Value Setter” Debate
Alongside rising adoption, conversations around Pi’s valuation are also gaining attention. A community initiative called the “AI Pi Value Setter.” It has proposed enforcing a fixed value of $314,159 per coin within the Pi ecosystem. Supporters argue this mechanism would guarantee consistency and protect integrity during the mainnet launch and future operations. But this proposal has sparked debate. While some community members see it as a way to strengthen confidence. Others argue that crypto markets are naturally volatile and setting an artificial price could raise questions about sustainability. Currently, it remains a community-driven concept rather than an official Pi Network policy.
#PI #PInetwork
Pi Network is seeing strong momentum in China as more merchants begin accepting its native token $PI for payments. From local restaurants and shops to service providers. The number of Pi accepting locations across the country is increasing rapidly. Community members say this growing adoption highlights the project’s potential for real-world utility. Even before its long-awaited mainnet launch.
🔸 Merchants Drive Real-World Use
According to updates shared by community channels. The Pioneer Map in China is lighting up with new businesses that accept Pi payments. Many local merchants are adding Pi to their list of payment options to attract customers of the Pi community. This development shows how digital currency can gradually move from speculative trading to everyday use. For merchants, Pi offers an alternative payment method with lower costs compared to traditional financial services. It provides an opportunity to use a digital asset directly for goods and services for customers. The expansion of this ecosystem also boosts visibility for Pi Network at a time when digital assets are competing for mainstream adoption.
🔸 The “AI Pi Value Setter” Debate
Alongside rising adoption, conversations around Pi’s valuation are also gaining attention. A community initiative called the “AI Pi Value Setter.” It has proposed enforcing a fixed value of $314,159 per coin within the Pi ecosystem. Supporters argue this mechanism would guarantee consistency and protect integrity during the mainnet launch and future operations. But this proposal has sparked debate. While some community members see it as a way to strengthen confidence. Others argue that crypto markets are naturally volatile and setting an artificial price could raise questions about sustainability. Currently, it remains a community-driven concept rather than an official Pi Network policy.
#PI #PInetwork
💥 DeFi Development Corp. Stock Rises as Solana Firm Boosts Buyback Plan to $100 Million
Shares in Solana treasury firm DeFi Development Corp. (DFDV) jumped as high as 6% before retracing amid news the firm increased its share repurchase program from $1 million to $100 million.
DFDV is now changing hands at $15.73, up nearly 4% on the day. It’s now up more than 2,100% year-to-date, but down 12% in the last week of trading.
“Ultimately, buybacks are a tool to grow Solana-per-share (SPS) long-term, so we will be regularly evaluating the usage of buybacks against our other opportunities to grow SPS long-term,” DFDV COO and CIO Parker White.
“Our goal is to maximize SPS growth, so depending on the mNAV, we may deploy additional cash into share buybacks or SOL purchases,” he added.
Other publicly traded digital asset companies, like Ethereum treasury SharpLink Gaming, have signaled that use of their respective share repurchase programs will come when their net asset value-or crypto holdings-are more valuable than the firm’s trading market cap, as well.
That’s the current situation for DeFi Development Corp, which holds around $452 million worth of Solana in its treasury, but trades at just a $395 million market cap at its current trading price, giving it an mNAV—or a ratio of market cap to crypto holdings—below 1.
“We wanted to have the flexibility to conduct buybacks if the mNAV falls deeply below 1 for a sustained period,” said White of the firm’s increased repurchase program.
The AI-powered real estate software firm kicked off its Solana treasury plans in early April, shortly after changing its name from Janover to DeFi Development Corporation to reflect its commitment to a digital assets play.
Since that time, the firm has been further entrenching itself within the Solana ecosystem. In May, it purchased a Solana validator business for $3.5 million worth of DFDV stock and cash. Since that time, it’s partnered with popular Solana meme coin BONK, launched its own liquid staking token.
#SOL #Solana
Shares in Solana treasury firm DeFi Development Corp. (DFDV) jumped as high as 6% before retracing amid news the firm increased its share repurchase program from $1 million to $100 million.
DFDV is now changing hands at $15.73, up nearly 4% on the day. It’s now up more than 2,100% year-to-date, but down 12% in the last week of trading.
“Ultimately, buybacks are a tool to grow Solana-per-share (SPS) long-term, so we will be regularly evaluating the usage of buybacks against our other opportunities to grow SPS long-term,” DFDV COO and CIO Parker White.
“Our goal is to maximize SPS growth, so depending on the mNAV, we may deploy additional cash into share buybacks or SOL purchases,” he added.
Other publicly traded digital asset companies, like Ethereum treasury SharpLink Gaming, have signaled that use of their respective share repurchase programs will come when their net asset value-or crypto holdings-are more valuable than the firm’s trading market cap, as well.
That’s the current situation for DeFi Development Corp, which holds around $452 million worth of Solana in its treasury, but trades at just a $395 million market cap at its current trading price, giving it an mNAV—or a ratio of market cap to crypto holdings—below 1.
“We wanted to have the flexibility to conduct buybacks if the mNAV falls deeply below 1 for a sustained period,” said White of the firm’s increased repurchase program.
The AI-powered real estate software firm kicked off its Solana treasury plans in early April, shortly after changing its name from Janover to DeFi Development Corporation to reflect its commitment to a digital assets play.
Since that time, the firm has been further entrenching itself within the Solana ecosystem. In May, it purchased a Solana validator business for $3.5 million worth of DFDV stock and cash. Since that time, it’s partnered with popular Solana meme coin BONK, launched its own liquid staking token.
#SOL #Solana
🟡 $BNB Chain to Slash Fees as Aster Spurs On-Chain Exchange Wars
Validators on BNB Chain have proposed lowering the minimum gas price from 0.1 Gwei to 0.05 Gwei while reducing block intervals from 750 milliseconds to 450 milliseconds.
The goal is to drive average transaction costs down to around $0.005, making the network competitive with low-cost chains such as Solana and Base.
The proposal follows a decision In April 2024 to cut gas from 3 Gwei to 1 Gwei, and again in May it was cut to 0.1 Gwei, with fees dropping by 75% as a result.
“As long as staking APY remains above 0.5%, BNB Chain should strive to have the lowest gas fees possible,” the proposal notes, framing ultra-low costs as a core principle of network growth.
The timing of the proposal is key; on-chain trading activity is booming with decentralized exchange Aster emerging as the breakout trading venue.
According to CoinMarketCap, the exchange processed $29.37 billion in perpetual futures volume over the past 24 hours. Data from DefiLlama shows Aster generating $7.2 million in daily revenue, more than double HyperLiquid’s $2.79 million.
That strength is mirrored in their tokens. ASTR has surged 37% in the past 24 hours, lifting its market capitalization from $931 million a week ago to $3.74 billion. By contrast, HYPE has shed billions in value, falling from $14.88 billion to $11.73 billion.
Trading-related transactions already dominate BNB Chain’s activity, rising from 20% at the start of 2025 to 67% by June. The proposal notes that a lower cost environment could drive further growth.
BNB token, meanwhile, is down by 1% in the past 24 hours but still remains above a key psychological level at $1,000 with daily volume topping $3.8 billion.
#BNB
Validators on BNB Chain have proposed lowering the minimum gas price from 0.1 Gwei to 0.05 Gwei while reducing block intervals from 750 milliseconds to 450 milliseconds.
The goal is to drive average transaction costs down to around $0.005, making the network competitive with low-cost chains such as Solana and Base.
The proposal follows a decision In April 2024 to cut gas from 3 Gwei to 1 Gwei, and again in May it was cut to 0.1 Gwei, with fees dropping by 75% as a result.
“As long as staking APY remains above 0.5%, BNB Chain should strive to have the lowest gas fees possible,” the proposal notes, framing ultra-low costs as a core principle of network growth.
The timing of the proposal is key; on-chain trading activity is booming with decentralized exchange Aster emerging as the breakout trading venue.
According to CoinMarketCap, the exchange processed $29.37 billion in perpetual futures volume over the past 24 hours. Data from DefiLlama shows Aster generating $7.2 million in daily revenue, more than double HyperLiquid’s $2.79 million.
That strength is mirrored in their tokens. ASTR has surged 37% in the past 24 hours, lifting its market capitalization from $931 million a week ago to $3.74 billion. By contrast, HYPE has shed billions in value, falling from $14.88 billion to $11.73 billion.
Trading-related transactions already dominate BNB Chain’s activity, rising from 20% at the start of 2025 to 67% by June. The proposal notes that a lower cost environment could drive further growth.
BNB token, meanwhile, is down by 1% in the past 24 hours but still remains above a key psychological level at $1,000 with daily volume topping $3.8 billion.
#BNB
🔥 $HBAR Plunges to $0.217 Before Staging Strong Recovery Rally
HBAR traded with sharp volatility over a 23-hour window from September 23 to 24, gaining just 0.90% despite wide intraday swings. The token ranged between $0.217 and $0.225, with the critical 04:00 session on September 24 marking a steep drop to $0.217 before a strong rebound. That zone now acts as support, while $0.225 remains firm resistance.
Trading volumes suggest institutional players stepped in during the selloff. Turnover hit 97.05 million at 04:00, far above the 37.89 million average, signaling accumulation at lower levels. Later, selling pressure returned, with HBAR slipping from $0.224 to $0.223 in the final hour of trading on volume nearly triple the norm.
The volatility came alongside a major development: Canary Capital’s filing for a spot HBAR ETF with a 1.95% expense ratio. Analysts say the move underscores institutional recognition of Hedera’s hashgraph technology and could support long-term growth, with price targets of $0.50 by 2025–2026 and $1.60 or more by 2030.
In the near term, HBAR’s performance hinges on whether support at $0.217–$0.218 holds and if institutional demand continues to offset selling pressure around $0.225.
#HBAR #Hedera
HBAR traded with sharp volatility over a 23-hour window from September 23 to 24, gaining just 0.90% despite wide intraday swings. The token ranged between $0.217 and $0.225, with the critical 04:00 session on September 24 marking a steep drop to $0.217 before a strong rebound. That zone now acts as support, while $0.225 remains firm resistance.
Trading volumes suggest institutional players stepped in during the selloff. Turnover hit 97.05 million at 04:00, far above the 37.89 million average, signaling accumulation at lower levels. Later, selling pressure returned, with HBAR slipping from $0.224 to $0.223 in the final hour of trading on volume nearly triple the norm.
The volatility came alongside a major development: Canary Capital’s filing for a spot HBAR ETF with a 1.95% expense ratio. Analysts say the move underscores institutional recognition of Hedera’s hashgraph technology and could support long-term growth, with price targets of $0.50 by 2025–2026 and $1.60 or more by 2030.
In the near term, HBAR’s performance hinges on whether support at $0.217–$0.218 holds and if institutional demand continues to offset selling pressure around $0.225.
#HBAR #Hedera
📌 Launch of the CoinDesk 20 Fund.
Wisdomtree plans to file an application with the SEC to launch the CoinDesk 20 Fund.
💼 Fund portfolio: BTC, ETH, XRP, SOL, ADA, LINK, SUI, AVAX, XLM, HBAR, BCH, LTC, UNI, APT, NEAR, ICP, DOT, AAVE, POL, and FIL.
Wisdomtree plans to file an application with the SEC to launch the CoinDesk 20 Fund.
💼 Fund portfolio: BTC, ETH, XRP, SOL, ADA, LINK, SUI, AVAX, XLM, HBAR, BCH, LTC, UNI, APT, NEAR, ICP, DOT, AAVE, POL, and FIL.
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