After a recent period characterized by minimal price movement, Hedera Hashgraph’s native token, HBAR, is demonstrating renewed vigor. The token has successfully rebounded from the significant $0.10 support level, following the formation of a double bottom pattern in that range. The uptick in HBAR’s price is attributed to new capital inflows linked to the Canary Capital’s HBAR exchange-traded fund (ETF).
Canary Capital, known for launching altcoin ETFs, debuted the first Hedera Hashgraph (HBAR) Spot price-tracking ETF during the government lockdown, leveraging a 21-day legal loophole. Officially launched on October 29, 2025, the ETF achieved an impressive $2.20 million in its first day of trading on NASDAQ, igniting expectations for a swift increase in HBAR’s price. As the first week of trading progressed, the token garnered most of its cumulative net flow and currently stands at $85.65 million, as reported by SoSoValue.
In the latest development, the HBAR ETF reported an additional inflow of $817.77K. Although this amount is significantly lower than the millions seen during the initial launch week, the inflow signals recovery after a sluggish period marked by six days of zero inflows and a notable outflow of $1.71 million on a single trading day.
Traders are now focusing on achieving the $0.145 resistance level—a price point not reached since December 4, 2025. With a daily trading volume of $303 million, HBAR’s trajectory shows a strong correlation with Bitcoin (BTC) price movements. As Bitcoin recovers, having recently surged by $97K, the future of HBAR’s price will heavily depend on Bitcoin’s ability to reclaim the major threshold of $100K.
Additionally, Hedera Hashgraph is positioning itself as an influential player within the Real World Asset (RWA) sector, aiming to capture a larger share of the $24 billion market this year. HBAR aligns with other ISO 20022 compliant altcoins, including Stellar Lumens (XLM) and Ripple (XRP). Notably, XRP and HBAR have been selected to participate in SWIFT’s payment infrastructure, which processes over $155 trillion in annualized transaction volume.
The success of the rally in HBAR could hinge on continued ETF inflows, a scheduled mainnet upgrade, and important developments in enterprise usage like the Africa Hackathon. If the HBAR ETF continues to attract institutional capital, it could substantially reduce the circulating supply on exchanges while bolstering confidence in Hedera’s enterprise applications in RWA, artificial intelligence, and payment systems—often viewed as precursors to price momentum.
However, there are potential risks if the ETF inflows falter again. Broader bearish trends in cryptocurrency markets, regulatory hurdles, and competition from other Layer 1 solutions could limit HBAR’s upside. While recent ETF inflows are a positive signal, they are just one facet of the broader market dynamics that investors should monitor closely, including on-chain activity and movements from large holders.
