Hedera’s HBAR Trades in Narrow Band as Volatility Subsides

HBAR Consolidates in Tight Range Amid Institutional Adoption and SWIFT Tests

Hedera’s HBAR token traded within a narrow corridor over the past 24 hours, showing strong institutional interest as SWIFT experiments with the blockchain and Grayscale launches an HBAR investment vehicle.

HBAR oscillated between $0.24 and $0.25, maintaining firm support at $0.24, a key level closely watched for institutional accumulation. Trading volumes surged to 179.67 million units, well above the 24-hour average of 41.75 million, reflecting heightened participation from larger investors.

The price action coincides with increasing enterprise adoption of Hedera’s hashgraph-based network. SWIFT recently began live operational testing of Hedera’s distributed ledger technology for cross-border settlement. Meanwhile, Grayscale introduced a Delaware-based vehicle to provide regulated exposure to HBAR, signaling growing alignment between institutional demand and regulatory frameworks.

Analysts suggest that the combination of tight price action, elevated volumes, and corporate engagement indicates that sophisticated investors are positioning strategically for Hedera’s next growth phase. The network’s high throughput—capable of processing thousands of transactions per second—continues to attract enterprise interest from companies such as Google and IBM, which are exploring blockchain-based tokenization solutions.

Technical Overview

HBAR traded within a $0.01 range from Aug. 27 15:00 to Aug. 28 14:00, with limited directional momentum.
Support was consistently observed near $0.24, while resistance developed near $0.25.
Volume peaked at 179.67 million units during the 20:00 hour on Aug. 27, significantly surpassing daily averages.
In the final hour, HBAR advanced from $0.24 to $0.24, recording a 0.33% net gain, with volume spikes of 9.2 million and 6.81 million units at 13:42 and 14:13, respectively.
The token closed at $0.24, suggesting potential for sustained upward momentum if institutional activity continues.

HBAR’s stability amid high volumes and enterprise adoption underscores the growing influence of institutional players and sets the stage for potential future price appreciation.