Grayscale Fund Inclusion Sparks Gains for Hedera’s HBAR

Hedera’s HBAR Gains as Grayscale Adds Token to Smart Contract Fund, Drops Polkadot

Hedera’s HBAR token rose nearly 2% in the past day after Grayscale Investments added it to its Smart Contract Platform Fund, replacing Polkadot (DOT) during the fund’s quarterly rebalance on Monday.

HBAR was trading around $0.1614 at press time, extending an 11% gain over the past week.

“In line with the CoinDesk Smart Contract Platform Select Capped Index methodology, Grayscale rebalanced the GSC Fund by selling Polkadot (DOT) and reallocating proceeds to Hedera (HBAR) and other fund components,” the asset manager announced.

HBAR now comprises 5.8% of the fund’s holdings, joining other key assets such as ether (ETH), solana (SOL), cardano (ADA), sui (SUI), and avalanche (AVAX).

On-chain data suggests institutional activity played a role in HBAR’s price action, with the token trading within a tight 2% range during the final hour of the trading day—a sign of measured buying rather than volatile retail speculation.

Volumes spiked sharply during afternoon trading, with transactions totaling 77.7 million, 145.7 million, and 97.5 million tokens across several intervals, well above typical daily averages. Analysts believe this may signal positioning ahead of potential new enterprise developments involving Hedera’s network.