 
 
Hedera’s native token, HBAR, is making a comeback. After a strong push past the $0.22 level, bulls have set their sights on a larger milestone: $0.5.
Behind the recent price momentum lies a mix of on-chain fundamentals, ecosystem partnerships, and a wave of comparisons to XRP’s historic growth cycles—stirring up renewed market attention.
HBAR traded at $0.2786 as of July, gaining over 30% in the past 7 days, according to CoinGecko. signaling heightened interest from both retail and institutional traders.
Over the past 30 days, HBAR has increased by more than 70%, making it one of the top-performing Layer-1 tokens in the market. Analysts note that breaking the $0.22 resistance zone was key.
Technical traders now identify $0.285 and $0.298 as immediate targets, with $0.30 sitting as a psychological resistance.
 
What’s driving the rally? Hedera’s real-world usage appears to be a core factor. The majority of these came from enterprise-grade applications, including those powered by the Avery Dennison-backed atma.io, which tracks product carbon footprints at scale.
HBAR Foundation’s $250 million allocation to accelerate the Hedera metaverse represents a quarter of the foundation’s total funds. It’s a bold bet by an organization that only launched in October 2021.
Analysts have begun to draw comparisons between HBAR and XRP, particularly in terms of institutional adoption and transaction speed. Both are consensus-driven platforms aiming to scale global financial infrastructure.
Technically, HBAR is positioned above its 50-day and 200-day moving averages, indicating a bullish trend. The RSI on the daily chart is at 70, approaching overbought territory but still offering room for further upside.
Analysts from CryptoQuant noted increased Open Interest in HBAR derivatives markets, with leverage remaining neutral—suggesting organic spot-driven demand.
However, for HBAR to hit $0.30, it would require a price increase of roughly 150% from current levels. This would also put its market cap at roughly $15 billion.
HBAR’s rally appears to be more than just speculative. With strong network activity, increasing whale accumulation, and rising institutional attention.
Hedera is showing signs of sustained momentum. Comparisons to XRP are fueling optimism—but unlike past cycles, data backs the enthusiasm this time.
Whether HBAR can maintain this pace or reach the elusive $0.30 remains to be seen. But for now, the bulls have reason to charge forward.
Source: https://zycrypto.com/hbar-bulls-charge-at-0-5-level-xrp-comparison-fuels-optimism/