Hedera Skyrockets After ETF Launch Confirmation: What's Next?
While the larger crypto market is facing a correction, Hedera (HBAR) is experiencing a breakout rally, following an ETF launch confirmation. According to CoinGecko data, HBAR has rallied 11.1% in the last 24 hours, 18.4% in the last week, 7.3% in the 14-day charts, and 324.5% since October 2024. Despite the massive upswing, HBAR is still down by 3.6% over the previous month. HBAR’s rally goes against the market-wide pattern. Bitcoin (BTC) has fallen 1.7% in the last 24 hours to the $113,000 price level. Let’s discuss why HBAR is rallying and if it will continue. Source: CoinGecko Will Hedera’s ETF Launch Sustain its Rally? Will We Face a Correction? Source: OhMyFacts The latest rally comes after Bloomberg ETF analyst Eric Balchunas took to X and confirmed that Canary’s Hedera ETF will make its debut today, Oct. 28. 2025. The rally could have been triggered by investors anticipating a surge in institutional inflows after the ETF launch. Confirmed. The Exchange has...