Hedera (HBAR) Explodes 8%: What's Driving the Surge? - Coinspeaker

Key Notes

• The AUDD stablecoin on Hedera has joined RBA’s Project Acacia.
• HBAR breakout is also fueled by Robinhood listing, ETF momentum, and AI-RWA narratives.
• HBAR price is up 85% this month, gaining over $5.5.Billion in market cap.

Hedera Hashgraph

HBAR $0.27

24h volatility: 4.9%

Market cap: $11.33 B

Vol. 24h: $638.87 M

has become the top crypto performer on Thursday with an 8% daily rally. At the time of writing, the cryptocurrency is trading around $0.275 with a market capitalization of $11.75 billion.

The sudden surge follows a series of major developments for the network. The Hedera Foundation recently revealed that AUDD, the Australian Dollar-backed stablecoin issued on the Hedera network, has been chosen to be used in the Reserve Bank of Australia’s “Project Acacia.”

The project has also been rumored to be mentioned in a recent White House Crypto Policy report.

HBAR’s momentum has also been driven by a recent listing on Robinhood on July 25. The token’s 24-hour trading volume surged over 50% today, reaching $648 million, indicating growing liquidity and strong investor interest.

Related article: Hedera Price Prediction: Robinhood Listing Propels HBAR Above Litecoin, AvalancheThe token’s strong fundamentals along with ETF filings, AI partnerships, and native stablecoin activity positions it as a top penny crypto with 1000x potential. It is currently one of the few large-cap cryptocurrencies within 50% of its previous December highs, according to OCT Trades.

Hbar price to continue rally?

On the daily chart, HBAR appears to be forming a bullish flag pattern on the daily chart, suggesting the potential for continued upward movement. In the past month, the cryptocurrency has seen a 85% surge in its price, gaining more than $5.5 billion in market cap.

The RSI is currently pointing to strong buying pressure, though it remains below overbought territory. A crossover above the RSI’s 14-day average at 67.31 could reignite momentum.

HBAR Price chart with RSI and Bollinger Bands | Source: Trading View

Meanwhile, the Bollinger Bands are expanding with the price reclaiming the middle band (20-day SMA) at $0.257, acting as near-term support. If the bullish structure holds, resistance lies at $0.30, with a bolder target at $0.45.

OCT Trades has placed a near-term target of $0.32. According to their analysis, Hedera could be gearing up for a major breakout in the second half of 2025 if momentum continues.

Snorter bot ($snort) presale picks up speed

As HBAR grabs market attention, momentum is also building around Snorter Bot ($SNORT), a Telegram-native crypto assistant that blends meme coin hype with practical on-chain trading capabilities.

Snorter Bot empowers users to identify new tokens, execute swaps, and manage wallets directly within the Telegram app. Initially optimized for the Solana

SOL $177.5

24h volatility: 0.2%

Market cap: $95.54 B

Vol. 24h: $5.84 B

network due to its lightning-fast speeds and low transaction costs, the project will soon expand to other EVM-compatible networks.

$snort token use cases

The $SNORT token powers Snorter’s platform, offering access to exclusive tools and premium features. With a 500 million token cap, it aims to simplify advanced DeFi trading, especially for meme coins.

Built on Solana, Snorter delivers fast execution, secure swaps, wallet creation, and pre-trade validation to reduce risks like frontrunning, all in an easy-to-use app.

Presale Snapshot:

• Token Price: $0.0999
• Total Raised: $2.63 Million
• Ticker: $SNORT
• Operating Network: Solana

Snorter is positioning itself as a go-to platform for traders who value both ease of use and advanced performance.

nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.