SWIFT’s Blockchain Tests Spark HBAR Recovery and Renewed Optimism

HBAR Rallies as SWIFT Blockchain Trials and Grayscale Filing Drive Renewed Optimism

HBAR posted a strong rebound on Aug. 21, buoyed by institutional momentum and favorable macro conditions. The token traded within a 4% range over the two-day window, touching $0.24 before briefly dipping to $0.23. By session close, HBAR had reclaimed the $0.24 level, reinforcing the $0.23–$0.24 zone as a key area of support and accumulation.

Institutional Activity Strengthens Bullish Sentiment

HBAR’s recovery comes amid rising institutional interest in enterprise blockchain infrastructure. SWIFT, the global interbank payments network, recently launched live blockchain trials featuring Hedera’s technology. The move signals increased traction for distributed ledger systems within mainstream financial pipelines.

In a separate development, asset manager Grayscale filed a Delaware statutory trust for HBAR — a step many view as a precursor to a future ETF product, further boosting investor confidence.

These events underscore Hedera’s growing role in tokenized settlement infrastructure, as financial institutions accelerate exploration of blockchain-based payment rails.

Macro Tailwinds Favor Crypto

Broader market conditions are also supportive. The U.S. Federal Reserve has held rates below 2%, and traders are increasingly pricing in future cuts — a dynamic that continues to favor digital assets in the near term.

Technical Snapshot

Breakout Move: A strong surge occurred between 13:22 and 14:21 UTC on Aug. 21, with HBAR spiking from $0.24 to its session high, marking a 1% breakout amid heightened momentum.
Bullish Close: The final 15 minutes of trading saw a decisive move back to $0.24 on elevated volume, suggesting strong buying pressure.
Support Levels: Multiple intraday bounces off $0.24 confirmed the level as firm technical support.
Volume Profile: Trading volume exceeded 2.8 million tokens during key breakout phases — highlighting increased market engagement.
Accumulation Signals: The repeated testing and eventual close above resistance points to potential institutional accumulation.

Conclusion:
HBAR’s latest rally is backed by both macro drivers and growing enterprise integration. With SWIFT’s pilot underway and Grayscale’s trust filing in play, the token is attracting renewed attention from investors positioning for long-term blockchain infrastructure exposure.