Hedera Price Surges 460% In A Month: Why Is HBAR Going Up?
By Benzinga
Hedera’s (CRYPTO: HBAR) rapid 460% surge in one month is powered by buzz surrounding potential new partnerships and an application for a Hedera exchange-traded fund (ETF).
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Hedera (CRYPTO: HBAR) | $0.2449 | $9.36 Billion | +26.9% | +74.9% |
| Litecoin (CRYPTO: LTC) | $122.63 | $9.2 Billion | +20.5% | +27% |
| Uniswap (CRYPTO: UNI) | $14.21 | $8.5 Billion | +9.7% | +18.4% |
Trader Notes: Crypto trader Javon Marks highlighted Hedera’s sustained breakout, predicting further gains with a target of $0.504—an over 102% jump from current levels.
Captain Faibik forecasts a 150% rally, while another X user noted heavy whale accumulation. He predicts a looming supply shock that could send prices soaring as demand outpaces supply.
Community News: Hedera has climbed into the top 20 biggest cryptocurrencies by market capitalization.
A potential integration of Hedera with the Federal Reserve’s FedNow payment system has excited its community on X.
Partnering with Ripple, the system would aim to facilitate rapid blockchain interoperability using RLUSD, a stablecoin pegged to the U.S. dollar.
In mid-November, Canary Capital filed for a Hedera spot ETF with the U.S. SEC.
The filing stated that the fund looks to “provide exposure to the value of the native asset of the Hedera Network.”
The firm also launched an HBAR Trust for accredited investors, signaling growing institutional interest.
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