Overview

• HBAR was listed on Robinhood on July 25, triggering a roughly 13% intraday rally to a session high near $0.28.
• The token’s market capitalization climbed to about $10.7 billion, overtaking Avalanche and Litecoin to become the 16th largest cryptocurrency by market cap.
• After dipping nearly 20% from an early-July peak, HBAR has held above critical support at $0.233 and remained above its 50-day and 200-day moving averages.
• Hedera’s network completed a testnet upgrade to version 0.64 on July 24, delivering performance and stability improvements ahead of the trading debut.
• Heightened retail demand on Robinhood and technical indicators hint at a possible retest of the $0.30 resistance zone in coming weeks.