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Figure Heloc After ETF Approval, Hedera Crosses 71 Billion Transactions: Is HBAR Ready for a Breakout?
Timothy Young 
Hedera has quietly been putting together one of its strongest runs in recent memory. After years of slow, steady growth, the project is suddenly back on traders’ radar and for good reason. The network just surpassed 71 billion transactions on its mainnet, right as the newly launched Canary HBAR ETF starts to attract serious investor attention.
The ETF has already pulled in over 172 million HBAR, worth around $34 million, a big milestone for a project that’s often flown under the radar. The news helped fuel a 20% bounce from HBAR’s recent lows, and sentiment around the token has turned noticeably more upbeat. For many holders, it feels like Hedera is finally getting the recognition it deserves.
What’s even more encouraging is that the network’s fundamentals are moving in the right direction too. According to data from DappRadar and the Hedera Crypto Foundation, daily active wallets are up to just over 2,000 a 10% increase from the last quarter and nearly triple what it was a year ago. Meanwhile, the value of assets locked in Hedera’s DeFi ecosystem has doubled over the past year, now topping $200 million. Those aren’t just big numbers they show that people are actually using the network, not just speculating on it.
A Technical Setup Worth Watching
Price-wise, HBAR has been surprisingly resilient. After getting hit during October’s market dip, it recovered fast and is now holding steady around the $0.19 to $0.20 range. That zone has become a key battleground between buyers and sellers and so far, the buyers are winning. Each dip toward $0.19 gets scooped up quickly, hinting that smart money might be accumulating.
If HBAR can close a few strong candles above $0.20, analysts say it could open the door to a move toward $0.219 or even $0.25. The chart also shows tightening price action and stable trading volume, both signs that a breakout could be brewing. With the RSI sitting comfortably below overbought levels, there’s still plenty of room for the next leg up if momentum kicks in.
Beyond the charts, the ETF approval seems to have added a new layer of legitimacy. It’s not every day a project outside the top five coins gets its own ETF, and the market appears to be taking notice. For some investors, it’s the signal they were waiting for a sign that HBAR might finally be ready to step into the big leagues.
Meanwhile, Bitcoin Hyper Is Building Its Own Buzz
While Hedera enjoys its moment, another project has quietly been making noise Bitcoin Hyper, a new Bitcoin Layer 2 that’s quickly turning heads. The project raised $25.1 million in just four months and has already drawn early interest from whales and developers.
What makes Bitcoin Hyper interesting is how it blends two worlds: it runs on the Solana Virtual Machine, giving it lightning-fast speeds, but settles everything on Bitcoin’s network for added security. That means developers can build apps that feel as smooth as Solana but inherit Bitcoin’s reliability a rare mix that could shake up how people think about scaling Bitcoin.
Users can bridge BTC 1:1 onto the platform and start earning with 50% APY staking rewards. At around $0.013 per token, early investors see it as one of those sleeper plays that could quietly grow into something big.
The Bottom Line
Between the ETF launch, surging network activity, and growing DeFi adoption, Hedera is starting to feel like a different project than it was a year ago. The chart looks strong, the fundamentals are improving, and confidence is coming back.
Whether HBAR can break out above $0.20 and kick off a new rally remains to be seen but for now, it’s clear the project has momentum on its side. And as Bitcoin Hyper’s rise shows, the market still has an appetite for fresh, innovative ideas that can move the space forward.
About the Author
Ryan Moore 
David Rich 
John Wood 