Hedera's HBAR token surged over 5% following its addition to Grayscale's Smart Contract Platform Fund, where it now constitutes 5.8% of the portfolio. This inclusion has heightened investor interest, aligning HBAR with major cryptocurrencies like Ethereum and Solana. As of July 9, 2025, HBAR's price climbed above $0.17, targeting its highest daily close since June 12. Technical analysis suggests a potential breakout to $0.28 if HBAR surpasses the $0.18 resistance level, though failure to do so could result in consolidation around $0.15. The price movement is bolstered by a double-bottom reversal pattern, indicating a possible 60% breakout if confirmed. Meanwhile, investors are also eyeing Solaxy, Solana's first Layer 2 solution, which is in presale and offers high staking APY, drawing interest from HBAR and Solana holders.