HBAR Tests Key $0.23 Support as SWIFT Blockchain Trials Boost Outlook
August 22, 2026 — Hedera’s native token, HBAR, is holding firm near a critical support level at $0.23 following a 3% sell-off on Friday, amid rising trading volumes that surpassed 80 million during significant intraday sessions.
The recent price dip comes amid strong positive catalysts for HBAR. SWIFT has announced plans to launch live blockchain payment trials featuring Hedera’s technology in November 2025. This initiative covers SWIFT’s extensive $150 trillion annual cross-border payments network and highlights Hedera’s high-speed hashgraph platform, capable of processing over 10,000 transactions per second — a key advantage for modernizing global finance infrastructure.
Investor confidence has been further bolstered by speculation over a potential HBAR-focused exchange-traded fund (ETF) after Grayscale filed Delaware trust documents related to the token. This move signals growing institutional interest.
Technical Snapshot
- HBAR is trading within a tight $0.01 band, fluctuating between $0.23 support and $0.24 resistance, reflecting a short-term volatility of approximately 2.4%.
- Volume spikes above 80 million have marked crucial reversal points during midday trading.
- Support at $0.23 remains stable, while resistance near $0.24 is building momentum.
With institutional attention increasing and global payment integration on the horizon, HBAR is positioned as a compelling asset both from a technical perspective and its fundamental growth potential.
