Hedera’s HBAR token remained firm at $0.22 as institutional buying increased, signaling rising corporate interest in blockchain solutions amid global trade uncertainties.
Stable Trading Range
During the 23-hour trading window from September 7, 09:00 to September 8, 08:00, HBAR moved within a tight $0.0042 band, representing just 2% intraday volatility. The token’s consistent support at $0.22 reflects relative stability in the enterprise-focused market.
Institutional Liquidity Drives Support
Institutional participation spiked on the afternoon of September 7, with trading volumes hitting 67.4 million units at 14:00—well above the 24-hour average of 27.33 million. This activity helped stabilize HBAR after a minor dip later in the session.
Corporate Interest Boosts Momentum
Buying activity resumed in the early hours of September 8, helping HBAR close the period with a modest 1% gain. Analysts say this trend indicates growing confidence among enterprise adopters of distributed ledger technology, positioning Hedera as a key platform for corporate blockchain applications.
Technical Snapshot
- Key support and resistance at $0.22 formed an upward-trending consolidation channel.
- Institutional orders consistently surpassed 600,000 units across intervals.
- A breakout above $0.22 in the final minutes suggests ongoing accumulation and potential for further upside.
- Peak volume reached 3.23 million units at 07:35, highlighting robust liquidity and market engagement.
