Hedera Hashgraph's HBAR token has surged to $0.090, marking a 13-17% increase in the past 24 hours, as the network takes the lead in Real World Asset (RWA) development. With a Santiment score of 210.1, Hedera surpasses Chainlink and Avalanche in RWA activity, driven by high-profile projects like the tokenization of BlackRock’s ICS US Treasury Fund.
Technical analysts note a potential bottoming process near $0.072, with HBAR testing resistance at $0.090. The token's 24-hour trading volume has exceeded $300 million, and its market cap stands at approximately $3.9 billion. Analysts are watching for a break above the $0.126 to $0.177 resistance zone, which could signal a bullish reversal amid Hedera's Web3 advancements.
HBAR Surges to $0.090 as Hedera Leads in RWA Development
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