HBAR Holds $0.23 Support Amid SWIFT Trials and ETF Speculation
HBAR is testing crucial support at $0.23 after a 3% pullback, with intraday trading volume surging above 80 million on August 21. SWIFT plans to launch live blockchain payment trials using HBAR across its $150 trillion annual network from November 2025, marking a major adoption milestone. Concurrently, Grayscale filed Delaware trust documents linked to HBAR, fueling exchange-traded fund speculation. These developments highlight hashgraph’s capacity to handle over 10,000 transactions per second and have drawn significant institutional interest. On the technical side, HBAR faces resistance at $0.24, with 2.4% volatility observed within the $0.23–$0.24 range. Growing volumes and fundamental catalysts position HBAR for potential gains as global payments infrastructure evolves.
Bullish
SWIFT’s decision to integrate HBAR into live payment trials and Grayscale’s related trust filings are strong bullish catalysts, as institutional endorsements often precede significant price rallies. The surge in trading volume above 80 million indicates accumulation by large players, while the technical hold at $0.23 suggests a firm support base. Historical cases, such as XRP’s gains following major banking partnerships and ETF speculation, demonstrate similar market reactions. In the short term, HBAR may consolidate between $0.23 and $0.24 as traders test these levels, but long-term prospects appear positive as global payment adoption and potential ETF listings could drive substantial demand.