Hedera Hashgraph exhibits bullish momentum as it rebounds within a descending channel, driven by major 2025 milestones—including the launch of the first Canary HBAR ETF on Nasdaq and a partnership with SpaceX.
With rising volume and institutional interest, it trades near $0.19, signaling a potential breakout toward the $0.20–$0.22 resistance range.
HBAR Trades Near Key Breakout Zone
The latest analysis by FLASH shows the asset trading within a descending channel that has shaped price action since midyear. The chart indicates consistently lower highs and lower lows, signaling an extended consolidation phase. The asset recently rebounded from the lower boundary near $0.16, climbing toward the upper trendline resistance around $0.20.
HBARUSDT Chart | Source: x
The rebound marks a crucial test for its short-term direction. A confirmed close above the upper boundary of this channel could indicate a structural reversal from the prolonged downtrend. If buyers sustain momentum, the next key targets may lie between $0.22 and $0.25, where prior volume clusters exist. Failure to clear the $0.20 level, however, may result in another retest of the midline or lower boundary near $0.15, maintaining the broader range-bound structure.
Institutional Growth Strengthens Market Position
According to X Finance Bull, Hedera achieved four major milestones within a single week that could influence its long-term growth outlook. The first Canary ETF officially launched on Nasdaq on November 5, providing institutional investors with direct access to the token exposure. The ETF launch marks a transition for the token from a specialized ecosystem to a regulated, tradable financial asset with enhanced liquidity.
HBAR Chart | Source: x
The introduction of the ETF has improved investor visibility and positioned it among a growing class of blockchain networks integrating with traditional financial markets. The development represents a key shift for institutions exploring blockchain-based assets as alternative holdings. This move is expected to broaden access for larger capital inflows while reinforcing its status as an investable asset in regulated environments.
Developer Expansion Signals Ecosystem Growth
During the same period, the coin surpassed Ethereum in the number of active core developers, making it the largest Layer 1 developer base in the blockchain sector. The increase in developer activity reflects the network’s expanding use in decentralized finance (DeFi), real-world asset tokenization (RWA), and artificial intelligence (AI) integration.
The network’s developer momentum aligns with growing adoption of its enterprise-grade technology, which supports high throughput and energy-efficient transactions. The expansion of technical contributors also positions it as a major infrastructure provider for scalable blockchain applications. These developments coincide with a rising number of enterprise integrations, solidifying its growth across multiple verticals.
SpaceX Collaboration Adds Technological Edge
The token also advanced its infrastructure through a partnership with SEALSQ and SpaceX. A Falcon 9 mission launched Hedera-powered, quantum-resistant IoT infrastructure into orbit. This deployment enables real-time data security using the Hedera Consensus Service (HCS) and SEALCOIN. Another Falcon 9 launch on November 12 improved network telemetry and node management, enhancing operational efficiency for connected IoT systems.
These space-based advancements reinforce its focus on secure data transmission and hardware integration. The expansion into space technology reflects a broader move toward decentralized IoT networks supported by blockchain. This collaboration represents a milestone in establishing the asset as a trusted platform for high-performance, tamper-proof applications that extend beyond terrestrial systems.
Price Momentum Builds as Buyers Regain Control
The price has shown renewed strength, gaining 8.41% in the past 24 hours to trade near $0.19. The price recovered from the $0.175 region, with several higher lows formed between November 9 and 11. Trading volume rose to $509 million, suggesting sustained buying pressure. Market data also show capitalization rising to $8.28 billion, pushing it higher within the top 30 digital assets.
HBARUSD 24-Hr Chart | Source: BraveNewCoin
Price action indicates that buyers are attempting to establish $0.185 as short-term support. A daily close above $0.19 could pave the way for $0.20 and $0.22, both key resistance levels from previous trading cycles.
The combination of volume expansion and steady accumulation suggests that traders are positioning for a potential breakout from the descending channel pattern. If momentum continues, the token could shift toward a sustained bullish structure supported by institutional interest and on-chain advancements.