On February 25 2025 Hedera (HBAR) attracted 125% more traders despite the token reaching its lowest price point of the year. The market excitement rises after Nasdaq submitted an SEC registration for its Canary HBAR ETF which shows big investors may buy digital assets.
HBAR price fell by 10% during the last 24 hours as the market faced challenges. From its peaks in January 2024 the token HBAR has maintained a downward path losing more than half of its previous value. HBAR trades at $0.20 and shows two important trading levels: support at $0.12 and resistance at $0.34.
Hedera advances with institutional tokenization support
The technical market indicators show that prices most likely will fall. Both technical indicators show neutral momentum despite the Relative Strength Index reading 48.91 while the Moving Average Convergence Divergence signals further price drops for the short-term market.
Hedera keeps moving forward with institutional partners embracing tokenization. The HBAR Foundation has invested in tokenized shares of Fidelity International’s USD Money Market Fund obtained through Archax.
The Hedera platform gained institutional legitimacy when Archax used its platform to create tokens for Fidelity International’s USD Money Market Fund (MMF). Market players will analyze if the rising institution participation and possible SEC approval of the Canary HBAR ETF help stop HBAR’s price decrease.
