HBAR Tests Critical Level of Support at $0.23 After Failed Bounce
0SWIFT blockchain trials position HBAR for massive gains in $150 trillion cross-border payment overhaul.
Hedera’s native token HBAR is testing a key level of support at $0.23 after selling off by more than 3% on Friday.
Trading volume spiked beyond 80 million during crucial intraday windows on August 21.
Despite the sell-off, HBAR has a number of bullish catalysts; SWIFT revealed plans to launch live blockchain payment trials featuring HBAR across its $150 trillion annual payments network starting in November 2025.
At the same time, speculation over a potential exchange-traded fund gathered steam after Grayscale filed Delaware trust documents linked to HBAR. These developments spotlight hashgraph technology’s ability to process over 10,000 transactions per second, bolstering investor confidence in its role in transforming traditional finance infrastructure.
With global payments integration on the horizon, HBAR continues to attract institutional interest as both a technical and fundamental play.
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https://www.coindesk.com/markets/2025/08/22/hbar-tests-critical-level-of-support-at-usd0-23-after-failed-bounce
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