{"id":619822,"date":"2025-01-20T16:59:15","date_gmt":"2025-01-20T16:59:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=619822"},"modified":"2025-01-20T16:59:15","modified_gmt":"2025-01-20T16:59:15","slug":"hedera-soars-32-in-a-week-can-hbar-sustain-momentum-toward-1","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/hedera-soars-32-in-a-week-can-hbar-sustain-momentum-toward-1","title":{"rendered":"Hedera Soars 32% in a Week – Can $HBAR Sustain Momentum Toward $1?"},"content":{"rendered":"
Hedera recently achieved remarkable milestones, including reaching an all-time high market capitalization of $15.2 billion. This surge is attributed to the announcement of a new layer-2 solution on the network, which has spurred positive sentiment and bullish price predictions.<\/p>\n
Over the past week, $HBAR has seen a significant 32% increase, and on a yearly scale, the token has grown by an impressive 367%, outperforming many major assets. The bullish sentiment surrounding $HBAR is supported by a combination of technical and fundamental factors.<\/p>\n
A recent breakout occurred with strong volume and momentum, signaling a continuation of upward trends. Additionally, the network’s fundamentals are strengthening, with Total Value Locked (TVL) data showing growth despite the token trading at lower levels compared to early December.<\/p>\n
This indicates a bullish divergence, reflecting increased network utility and adoption. Speculation about a potential Hedera ETF launch in 2025 adds another layer of optimism, as this could serve as a major catalyst for long-term growth.<\/p>\n
In the short term, the market is expected to be highly volatile, influenced by factors such as leverage levels and liquidation prices. Despite this, the overall outlook for $HBAR remains bullish.<\/p>\n