**HBAR Uptrend Remains Robust Amid ETF Speculation and New Collaborations** Hedera’s native cryptocurrency, HBAR, has experienced an impressive upward trend, increasing by 20% in recent days. This rally has been driven by strategic partnerships, heightened market activity, and buzz surrounding a possible HBAR-focused ETF. Let’s delve into the primary factors contributing to HBAR’s rise and future outlook. **HBAR Reaches a 38-Month High** On January 17, HBAR surged for the fourth straight day, hitting a 38-month peak of $0. 399 before settling at $0. 3724. At one point, its market capitalization temporarily exceeded that of Stellar Lumens (XLM), stabilizing at $14. 5 billion as of this writing. This impressive climb was accompanied by a doubling of trading volume to $2. 65 billion in just 24 hours, alongside a 25% increase in futures market open interest, which reached $562. 46 million. **Key Catalysts Behind the Rally** Multiple factors have contributed to HBAR’s strong performance: **Partnerships in Real-World Asset Tokenization:** Hedera has made significant advances in the Real-World Asset (RWA) tokenization sector through recent collaborations with: - **World Gemological Institute:** Tokenizing diamonds valued at $3 billion. - **Vaultik:** Incorporating luxury goods into the blockchain ecosystem. **Speculation Surrounding an HBAR ETF:** Canary, a fund manager, has submitted an application for an HBAR-focused ETF, enhancing investor enthusiasm.

Analysts believe it may receive SEC approval during the Trump administration, possibly before ETFs for Ripple, Solana, or Litecoin. **Technological Deployments:** Hedera’s technology has recently been integrated into WISeKey’s digital identity satellites, launched via a SpaceX rocket, further boosting positive sentiment regarding the network’s adaptability and innovation. **Increasing Interest Among Whales:** Data from HederaWatch shows a marked uptick in accounts holding between 100, 000 and 10 million HBAR, indicating heightened interest from large investors. **Technical Analysis: Indicators of Ongoing Strength** HBAR’s recent price activity is supported by strong technical indicators: - **MACD Cross and Supertrend:** The MACD line has crossed above the signal line, with both trending positively—a clear bullish indicator. Additionally, HBAR’s price remains above the Supertrend line, signaling bullish control. - **Exponential Moving Averages (EMAs):** The 50-day EMA stands above the 200-day EMA, affirming an uptrend with potential for further gains. - **RSI Levels:** The Relative Strength Index (RSI) indicates that HBAR has not yet reached overbought levels, suggesting room for additional growth. - **Bull-Flag Formation:** Analysts have noticed a bull-flag pattern on HBAR’s daily chart, strengthening the indication of continued upward momentum. **Near-Term Price Targets** Considering current market dynamics and technical analysis, HBAR could reach the following milestones: - **$0. 45 Resistance:** A breakout at this level may lead to further price appreciation. - **Psychological Barrier at $0. 50:** Should HBAR exceed $0. 45, it could climb to $0. 50, a level not seen since November 2021. **Support from Bitcoin’s Rally:** A potential Bitcoin rally ahead of Trump’s inauguration on January 20 could bolster HBAR’s performance. **Conclusion** HBAR’s recent achievements highlight its rising significance in the cryptocurrency and blockchain landscape. The interplay of partnerships, speculative ETF developments, and technological innovations positions it as a formidable player among altcoins. Despite challenges like market fluctuations and dependency on macroeconomic climate, the outlook for HBAR remains promising. Investors and traders will keenly monitor crucial resistance levels and additional developments within the token’s ecosystem to assess the durability of its upward trend.