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Reading: HBAR gains 8% in May as FedEx joins Hedera council and ETF inflows rise
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HBAR gains 8% in May as FedEx joins Hedera council and ETF inflows rise

News Desk
Last updated: May 12, 2026 7:40 am
News Desk
Published: May 12, 2026
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In May 2026, Hedera’s native token, HBAR, witnessed a notable increase of approximately 8%, bringing its trading value close to $0.095 as it approached a critical resistance level of $0.10. This uptick in value is being attributed to renewed institutional interest in the cryptocurrency market, which is highlighted by significant inflows into exchange-traded funds. Specifically, the Canary HBAR ETF saw an impressive $2.5 million influx, indicating a growing confidence among investors. Additionally, Grayscale has maintained stable holdings in HBAR, further reflecting institutional optimism.

A pivotal moment for Hedera occurred during the recent HederaCon 2026 event, where major companies such as FedEx and McLaren were welcomed as new members of the Hedera Governing Council. This development is seen as a strong indicator of real-world adoption and utilization of the Hedera network, suggesting that more enterprises are recognizing the benefits of the platform.

Market analysts are expressing optimism about HBAR’s potential for growth, particularly if it can successfully break through the $0.10 resistance level. A sustained upward movement past this threshold could pave the way for HBAR to rise toward $0.12 and potentially even further. This expectation is bolstered by increasing transaction volumes on Hedera’s network, as well as continued regulatory advancements that could favor the broader cryptocurrency ecosystem.

As interest in digital assets revives, developments like the addition of major corporations to the governing body and growing ETF inflows could position HBAR for sustained gains in the coming months.

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