HBAR, the native token of the Hedera network, rose 3% as institutional interest and speculation about a potential spot ETF fueled trading activity. The token fluctuated between $0.22 and $0.23, peaking at $0.23 on October 2 with a trading volume of 57 million. Despite a 1% decline in the final hour of trading, the overall sentiment remains optimistic, driven by institutional recognition and regulatory advancements.