Potential HBAR Price If HBAR ETF Approved by SEC

Bittime - Hedera Price ($HBAR) recorded a significant increase in the last few days. News about possible approval of the ETF HBAR be one of the drivers of this positive trend. 

So, what is the potential price of HBAR if the HBAR ETF is actually approved? Read this article to find out more!

HBAR Price and Market Cap

In the last few days, the price of HBAR surged to its highest level in 38 months, reached $0,399 on January 17th.

Hedera's market capitalization even surpassed Stellar Lumens (XLM), before finally stabilizing in numbers $14.5 billion.

This surge was supported by an increase in HBAR trading volume, which doubled to more than from $2.65 billion and in the last 24 hours. 

In addition, open interest in the HBAR futures market also up 25% become $562.46 million. This data shows an increase in interest and activity from traders, which also drives up HBAR prices.

Read Also: Latest Hedera (HBAR) Price Prediction: Could It Rise to $0.39 Level?!

Hedera Partnership and HBAR Price 

Apart from speculation regarding the HBAR ETF, the increase in HBAR prices is also supported by the development of the Hedera project in the RWA tokenization sector. 

Recently, Hedera partnered with World Gemological Institute And Vaultik to tokenize luxury assets such as valuable diamonds $3 billion on the Hedera blockchain network.

This project shows Hedera's great potential as a platform that supports asset tokenization, while attracting the attention of market players looking for efficient and cheap blockchain-based solutions.

HBAR ETF Rumor and HBAR Price

One of the main causes of the HBAR price increase is rumors about the possibility agreement ETF HBAR by SEC AS. 

This HBAR ETF proposed by Canary, a popular fund manager company. Analysts are optimistic that the chances of approval for this ETF are quite large, even faster than similar proposals for Ripple, Solana, or Litecoin.

If the HBAR ETF is approved, this token will become more accessible to institutional investors, thereby pushing the price of HBAR to even higher levels. reach a level $0,45, which was last achieved in November 2021. 

If this level is successfully penetrated, HBAR can also continue its rise towards psychological resistance di $0,50.

Read Also: Hedera Price Prediction (HBAR) 2025 and Long Term

Hedera (HBAR) FAQs

What is Hedera (HBAR)?

Hedera is a platform that uses unique “hashgraph” technology to support DApps. Hedera's native token, HBAR, is used to pay for transactions on the network and maintain security through a staking mechanism.  

What are the advantages of Hedera (HBAR) compared to other blockchains?

Hedera offers high transaction speeds, low fees, and much better energy efficiency than other blockchains. Hedera also has strong governance through a global member board that includes major companies such as Google and IBM.

How to Buy Hedera (HBAR)?

Hedera (HBAR) can be purchased via various exchange platforms such as Bittime, just by visiting the trade page on the official Bittime website. 

How to Buy Crypto with Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Additionally, visit Bittime Blog to get various interesting updates and educational information about the world of crypto. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the world of crypto.

Reference

Crypto News, HBAR uptrend remains strong amid ETF rumors and new partnerships, accessible on January 23, 2025.

Crypto News, HBAR Price Prediction 2025, 2026, 2030-2040: Will Hedera Reach $10?, accessible on January 23, 2025.

Author: IPR