Over the past few days, the price of HBAR has shown signs of recovery, climbing from its year-to-date low of $0.0725 to a psychological threshold of $0.100. However, despite this rebound, the recent performance of HBAR paints a concerning picture. The cryptocurrency has plummeted by a staggering 67% from its 2025 high, still languishing well below last year’s peak of $0.3025 and the November 2024 high of $0.4012.
The recent uptick in HBAR’s value coincided with the announcement of FedEx’s inclusion in Hedera’s governance council. This development adds FedEx to a roster of prominent companies already involved, such as Tata Communications, Google, Mondelez, ServiceNow, and IBM, all of which have committed to utilizing Hedera’s technology in their decentralized offerings. However, this governance council expansion does little to mitigate the significant challenges facing Hedera’s ecosystem.
Analysis shows that the growth of Hedera’s ecosystem has stagnated, raising concerns about its competitive viability compared to newer crypto ventures like Monad, Plasma, Hyperliquid, and Provenance. Current metrics reveal that Hedera’s decentralized finance ecosystem encompasses a modest total value locked of just $58 million, with many projects showing little to no activity. This is particularly disconcerting given Hedera’s capacity to process over 1,000 transactions per second and its lower transaction fees in comparison to other blockchain networks.
In the realm of stablecoins, Hedera is also struggling. Its total supply has plummeted to $68 million from a peak of more than $300 million last year. In contrast, the total supply of stablecoins across all chains has surged past $300 billion. Additionally, Hedera has not gained traction in the booming Real-World Asset tokenization sector, which has amassed over $24 billion in assets under management. Ethereum dominates this space with more than $17 billion in assets, trailed by other prominent chains such as BNB, Solana, and XRP Ledger.
These unflattering statistics may further explain the lackluster performance of the Canary HBAR ETF, which has failed to attract new investments since February 9, seeing its total assets diminish to $51.3 million. Furthermore, Hedera’s futures open interest has been on a continuous decline over the past few months, reflecting a bearish sentiment in the market.
From a technical perspective, recent price charts depict HBAR in a persistent downward trend, with its value having decreased from highs of $0.3026 in July to its current position at $0.100. The price is situated below all significant moving averages and has fallen to the Ultimate Support level as indicated by the Murrey Math Lines tool. It also remains beneath the Supertrend and Ichimoku cloud indicators, signaling potential further declines.
Consequently, analysts are predicting a bearish outlook for HBAR, identifying the next critical target as the year-to-date low of $0.0725. A breach below this support level could lead to even greater losses, potentially heading toward the all-time low of $0.036. The current trends and data suggest that, while HBAR has seen a temporary bounce, substantial challenges remain that could hinder its recovery in the near future.
