HBAR Jumps on Heavy Trading as Coinbase Futures Near Launch
Technical resistance plus soft network metrics leave the rebound unproven.
Overview
- Hedera’s token rose roughly 9–10% in 24 hours to about $0.14–$0.15 as trading volume surged more than 220%, placing it among the day’s top movers.
- Coinbase has set December 5 for the start of 24/7 HBAR futures trading, a move expected to boost liquidity and institutional access.
- ETF data show mixed signals, with about $31.65 million in net inflows over the past month but only around $76 million since launch compared with roughly $510 million for Solana funds.
- On-chain activity has weakened, with DeFiLlama reporting Hedera TVL down nearly 50% to about $157.9 million and stablecoin supply sliding from roughly $224.5 million to near $72 million.
- Analysts note bullish setups such as a triple bottom and improving MACD/RSI, yet price remains capped near $0.15–$0.155, while adoption narratives cite Axelar’s integration and the Wyoming FRNT stablecoin on Hedera.