HBAR Price Bounces Back, But Can It Break Above Range?

The HBAR price has shown a slight recovery after weeks of range-bound trading, currently trading at $0.0695, up 1.38% over the past 24 hours.

Hedera's institutional exposure is growing through Canary's Nasdaq-listed spot ETF, which holds about $47.8 million in assets and has cumulative HBAR ETF inflows near $105 million.

The network has also gained practical use in tokenized finance with Archax launching real-time USDC interest payments on Hedera, allowing holders of tokenized assets to receive interest continuously.

Looking at the chart, buyers have been defending $0.068 pretty well, and a daily close above $0.075 would be the clearest sign that buyers are in control.