HBAR trading volume surged by 300% to $2.94 billion with open interest rising over 51% to $454.44 million.
Price of HBAR increased by nearly 26% in the last 24 hours and over 58% weekly, reaching $0.2596 with strong bullish technical indicators.
Investor optimism in Hedera (HBAR) was fueled by news of RBA's tokenization pilot with Hedera Council member AP+.
Technical analysis shows HBAR in a bullish trend, with price surpassing key EMAs and aiming for $0.26 and $0.30 as resistance levels, while $0.23 remains crucial support.