HBAR Steady at $0.24 as Institutional Activity Picks Up

HBAR Steadies at $0.24 as Institutional Interest Strengthens

Hedera’s HBAR token showed steady momentum over a 23-hour trading session from Aug. 26 at 15:00 to Aug. 27 at 14:00, moving within a narrow $0.01 range between $0.24 and $0.25—a 4% spread.

The token gained early traction on Aug. 26, climbing from $0.24 to a high of $0.25 by 19:00 on elevated trading volume of 70.13 million units. After the spike, HBAR consolidated within a stable corridor, repeatedly testing support at $0.24 and resistance near $0.25. In the final hour, the token edged slightly higher, underscoring ongoing bullish pressure despite tight market conditions.

Analysts highlighted the session as one of the most robust liquidity events for HBAR in recent weeks, signaling growing trader engagement. The token’s stability comes amid rising institutional adoption: SWIFT has launched live blockchain tests on Hedera for tokenized settlements, and Grayscale recently established a Delaware trust for HBAR.

Technical Highlights:

$0.01 trading corridor between session high of $0.25 and low of $0.24
Peak bullish momentum around 19:00 on Aug. 26
Elevated volume of 70.13 million units, surpassing typical session averages
Support repeatedly confirmed at $0.24, forming a solid base
Resistance defined near $0.25, creating a clear trading channel
Final hour saw a modest 1% gain, reflecting continued bullish pressure

HBAR’s performance indicates strong technical support and increasing institutional interest, suggesting the token could maintain its upward trajectory.