Hedera’s native token HBAR climbed 2.1% to $0.1519 as of June 30, driven by strong ecosystem updates and renewed investor interest ahead of a pending ETF review. The price move reflects growing optimism around AI development, energy governance, and Web3 gaming adoption within the Hedera network.
HBAR Price Action Highlights Technical Strength
Over the past 24 hours, HBAR traded between $0.1478 and $0.1538, marking a 4.1% range. A notable breakout occurred at 22:00 UTC on June 29, when the token surged to $0.154 on high trading volume of 104.5 million units.
Support was established at $0.148, with a volume-backed bounce occurring during the 14:00–15:00 UTC period on June 30.
A V-shaped recovery later formed between 18:00 and 18:59 UTC, with the price dipping to $0.149 before rebounding. Short-term support was confirmed near $0.149, reinforced by 1.3 million tokens traded in a one-minute window at 18:20 UTC.
As of the session close, HBAR traded at $0.1519, with immediate resistance at $0.1538.
ETF Review Adds Institutional Visibility
The U.S. Securities and Exchange Commission has begun reviewing the Canary HBAR ETF, which aims to provide regulated exposure to HBAR through a public investment vehicle. While regulatory scrutiny is high, the ETF could open the door to institutional capital inflows if approved. The public comment period runs until July 7, with final decisions pending thereafter.
Hedera AI Studio Lowers Entry Barrier for AI dApps
Hedera recently unveiled AI Studio, a development suite that includes an open-source Agent Kit with LangChain integration. This allows AI agents to interact directly with Hedera’s consensus and token services using natural language, enabling onchain transparency and compliance for AI-native decentralized apps.
This toolkit could position Hedera as a go-to platform for AI and blockchain integration.
Web3 Gaming Expansion Targets Southeast Asia
A strategic partnership between Hedera Foundation and The Binary Holdings aims to bring HBAR-based gaming applications to mobile platforms across Indonesia and the Philippines through OneWave, a decentralized app store. With access to over 169 million users, this initiative may significantly boost real-world HBAR adoption in gaming ecosystems.
Energy Sector Integration Supports ESG Use Cases
Blockchain for Energy (B4E) joined the Hedera Governing Council, reinforcing Hedera’s position in sustainability and emissions tracking. B4E will contribute to governance decisions while running its own node and supporting digital MRV (measurement, reporting, and verification) standards.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.