HBAR Surges 5% as Spot Hedera ETF Sees $540,000 Inflows

Hedera's native cryptocurrency HBAR has been gaining traction in recent days, surging 5% over the last 24 hours. The altcoin has seen significant inflows into spot Hedera ETF, with a net inflow of $540,000 recorded on July 20.

This influx of institutional demand has pushed HBAR's market cap above $3.2 billion, with daily trading volume increasing by 26% to $89 million.

According to Alpha Crypto Signals, Hedera has confirmed a bullish shift in market structure after flipping a key horizontal resistance level into support.