HBAR Rises 17% After Nasdaq’s Canary HBAR ETF Launch, Analysts See Potential Breakout

• The Nasdaq listing introduces direct institutional access to HBAR, enhancing liquidity and market confidence.

• HBAR’s breakout from a multi-month descending channel points to potential gains of 50-60%.

• Long-term analysis shows Hedera ending a two-year downtrend, with projections reaching $0.50 and $0.82 based on Fibonacci extensions.

Discover how the Canary HBAR ETF launch surges HBAR 17% on Nasdaq, unlocking institutional access. Explore price targets and market impacts now for key insights.

What is the Canary HBAR ETF and How Does It Impact HBAR?

The Canary HBAR ETF is the first regulated spot exchange-traded fund offering direct exposure to Hedera’s native token, HBAR, listed on Nasdaq under the ticker HBR on October 28, 2025. It holds actual HBAR in custody with providers like BitGo and Coinbase Custody, using CoinDesk Indices for pricing. This launch has propelled HBAR’s price above $0.20, attracting institutional investors and increasing 24-hour trading volume to $1.03 billion.

How Has the ETF Launch Affected HBAR’s Trading Volume and Price?

The Canary HBAR ETF’s debut has significantly boosted HBAR’s market dynamics. According to CoinGecko data, HBAR’s price rose 17.9% to approximately $0.2135 shortly after listing. Trading volume surged to $1.03 billion within 24 hours, reflecting heightened institutional participation. Crypto market analyst CryptoWinkle observed that HBAR broke above the $0.20 resistance, with potential extensions to $0.23 and $0.30. This influx of liquidity underscores Hedera’s growing appeal in enterprise-grade blockchain applications, supported by transparent custody and pricing mechanisms.

HBAR rises over 17% as Nasdaq launches the Canary HBAR ETF, marking the first regulated spot exposure to Hedera’s native token.

• The Nasdaq listing of the Canary HBAR ETF introduced direct institutional access, pushing daily trading volume above $1.03 billion in 24 hours.
• Analysts identified a confirmed breakout pattern in HBAR’s chart, projecting targets between $0.33 and $0.34 amid strong accumulation signals.
• Long-term charts show Hedera ending a two-year downtrend, with analysts setting bullish targets near $0.50 and $0.82 in coming months.

HBAR experienced a surge in trading activity following the launch of the Canary HBAR ETF on Nasdaq. The newly listed spot ETF provides regulated exposure to the Hedera network’s native token, attracting institutional attention and propelling prices above the key $0.20 level.

Analysts Observe a Developing Technical Breakout

Market strategist ZAYKCharts analyzed an 8-hour chart of the HBAR/USDT pair, highlighting a descending channel that has constrained prices for several months. The chart indicates HBAR gearing up for a massive breakout, with a potential 50-60% upside move on the radar.

The analysis projects targets between $0.33 and $0.34, contingent on a decisive close above the channel’s upper boundary accompanied by increasing volume. This would confirm a bullish breakout and initiate a medium-term uptrend. Should the breakout falter, prices might retrace to the $0.17–$0.15 support zone. Gradient zones on the chart suggest a shift in momentum from bearish to bullish, marking a potential structural change in market sentiment.

Broader Market Structure Signals Long-Term Recovery

Analyst JavonTM1 provided a macro perspective on HBAR’s long-term price action, noting the formation of a two-year downtrend that reached lows between $0.035 and $0.04.

Targets identified include levels near $0.50 and $0.82, based on Fibonacci extensions from prior swing highs, positioning them as key resistance and profit-taking areas. The convergence of this technical recovery with institutional inflows from the Canary HBAR ETF bolsters interest in Hedera. As volume and momentum build, observers are monitoring HBAR’s ability to hold above $0.21 and advance toward elevated resistance zones.

Nasdaq Launch of the Canary HBAR ETF

The Canary HBAR ETF, trading under ticker HBR, commenced operations on Nasdaq on October 28, 2025. Per the listing details, it maintains physical HBAR holdings custodied by BitGo and Coinbase Custody, with pricing derived from CoinDesk Indices for reliability. Post-launch, HBAR’s performance against Bitcoin increased by nearly 19%, highlighting demand across crypto and traditional markets.

CryptoWinkle emphasized the surge in institutional engagement following the ETF’s introduction. The token’s breach of $0.20 resistance aligns with a confirmed breakout pattern, potentially ushering in Hedera’s momentum phase. Enhanced liquidity from the ETF supports sustained price appreciation, as evidenced by the sharp volume expansion.

Frequently Asked Questions

What Does the Canary HBAR ETF Listing Mean for Institutional Investors?

The Canary HBAR ETF offers institutional investors regulated, spot access to HBAR without direct token management, held in secure custody. Listed on Nasdaq, it uses transparent pricing from CoinDesk Indices, lowering entry barriers and driving over $1.03 billion in 24-hour volume as of October 28, 2025.

Why Has HBAR’s Price Increased After the ETF Launch?

HBAR’s 17.9% price rise to $0.2135 stems from the Canary HBAR ETF’s Nasdaq debut, which provides compliant exposure to Hedera’s token. This has drawn institutional capital, boosted trading volume, and confirmed technical breakouts, positioning HBAR for further gains toward $0.23 and beyond in natural market progression.

Key Takeaways

• Institutional Access Boost: The Canary HBAR ETF enables regulated HBAR investment, surging volume to $1.03 billion.
• Technical Breakout Confirmed: HBAR escapes a descending channel, targeting $0.33-$0.34 short-term per analyst charts.
• Long-Term Bullish Outlook: Ending a two-year downtrend, HBAR eyes $0.50 and $0.82; monitor volume for sustained momentum.

Conclusion

The launch of the Canary HBAR ETF on Nasdaq represents a pivotal moment for Hedera’s HBAR token, delivering over 17% gains and institutional-grade exposure through secure custody and reliable pricing. Technical analyses from experts like ZAYKCharts and JavonTM1 highlight breakout patterns and long-term recovery targets up to $0.82. As market structure evolves, investors should track volume trends and key supports to capitalize on Hedera’s strengthening position in the blockchain ecosystem.