Hedera’s Trading Surge: What’s Driving HBAR’s Momentum?
Hedera ($HBAR) is enjoying a moment of success, with its price increasing by 1% to $0.2953, and a massive 76% jump in daily trading volume to $1.39 billion. This surge in interest has boosted Hedera’s market cap significantly, with annual gains of 301% and an impressive 166% rise in just one month.
What’s fuelling this rally? Bloomberg analyst Eric Balchunas predicts a wave of cryptocurrency ETFs in 2025, and Hedera’s current status of not being labelled security gives it a competitive edge. Such developments keep Hedera in the spotlight, making it one to watch in the coming weeks.