Hedera’s native token, HBAR, is showing renewed strength as bullish sentiment sweeps across the digital asset market following the U.S. Securities and Exchange Commission’s (SEC) approval of a generic ETF framework. With technical resilience and rising market participation, analysts believe HBAR could climb to as high as $1.80 in the long term.
HBAR Price Rebounds from Key Support
HBAR recently bounced from the $0.22 Fibonacci retracement support, regaining momentum above $0.24. As of Thursday, Hedera trades near $0.25, reflecting stability and an ability to sustain higher lows. The rebound has lifted HBAR’s market capitalization by 5.6% to $10.5 billion, while daily trading volume surged more than 100% past $430 million.
Market analysts note that if the $0.22 support holds, the next resistance levels lie near $0.40 and $0.65. A successful breakout beyond these zones could pave the way for a medium-term target of $1.21, with the ultimate bullish projection pointing toward $1.80.
CoinGape previously highlighted that speculation over a potential HBAR ETF could help drive prices toward the $0.50 zone. That prediction now looks more feasible as HBAR continues to maintain momentum, supported by both technical setups and improving market sentiment.
SEC ETF Framework Fuels Optimism
The broader crypto environment has been buoyed by the SEC’s recent approval of a generic ETF framework, which cuts approval timelines from 240 to 75 days. This regulatory clarity is expected to accelerate the launch of over 100 digital asset ETFs within the next year, fueling institutional interest in blockchain projects like Hedera.
Such developments provide a powerful backdrop for HBAR. The ETF framework not only reduces uncertainty but also boosts investor confidence, often acting as a catalyst for institutional capital inflows into alternative crypto assets.
Rising Market Participation
Reflecting this renewed optimism, open interest in HBAR derivatives rose 13.42% to $466 million, according to CoinGlass. This surge indicates heightened speculative engagement, suggesting traders are positioning for continued upside. Combined with stronger technical indicators, the alignment of policy shifts and market participation strengthens the bullish outlook.
Outlook: Path to $1.80
HBAR’s recent rebound, sustained accumulation, and favorable technical setups all support a positive trajectory. With regulatory clarity from the SEC and rising institutional speculation, the pathway toward higher levels is increasingly credible.
Analysts maintain that if Hedera continues to defend its key support levels, the next checkpoints will be $0.40, $0.65, and $1.21. Beyond these, the long-term $1.80 price target remains in play, positioning HBAR as one of the standout tokens to watch in the coming months.
In short, Hedera’s price action is now being powered by both chart-driven technical strength and regulatory tailwinds, making its bullish case stronger than ever.
