-
Back to menu
Prices
-
Back to menu
-
Back to menu
Indices -
Back to menu
Research
-
Back to menu
Events -
Back to menu
Sponsored
-
Back to menu
Videos -
Back to menu
-
Back to menu
-
Back to menu
Webinars
Select Language
By CD Analytics, Oliver Knight
Updated Aug 28, 2025, 3:35 p.m. Published Aug 28, 2025, 3:35 p.m.
- Price Stability: HBAR held firm at $0.24 in the past 24 hours, with trading volumes reaching 179.67 million, well above daily averages.
- Institutional Catalysts: SWIFT began operational testing of Hedera’s ledger for cross-border settlement, while Grayscale introduced a Delaware trust for HBAR exposure.
- Enterprise Adoption: Hedera’s high-throughput hashgraph system continues to attract partners like Google and IBM, fueling expectations of broader tokenization use cases.
HBAR’s price action remained tightly contained over the last 24 hours, trading in a narrow $0.01 band between $0.24 and $0.25. The token held firm at the $0.24 level, a zone that market participants view as a key area of institutional support. Trading volumes surged to 179.67 million units during peak sessions, far exceeding typical daily averages, a signal of accumulating interest among larger investors.
The move comes as Hedera’s enterprise-focused blockchain continues to gain traction with major financial and technology players. This week, global payments giant SWIFT launched operational testing of Hedera’s distributed ledger technology for cross-border settlement infrastructure. At the same time, Grayscale has rolled out a Delaware-based investment vehicle providing exposure to HBAR, underscoring growing regulatory and institutional alignment around the asset.
STORY CONTINUES BELOW
The combination of high trading volumes, narrow price movements, and visible corporate adoption has led analysts to suggest that sophisticated investors are strategically positioning for Hedera’s next phase of growth. The hashgraph-powered network can process thousands of transactions per second, a scalability feature that appeals to enterprises such as Google and IBM as they explore tokenization and other blockchain-based solutions.

- HBAR operated within a measured $0.01 range during the 24-hour period from 27 August 15:00 to 28 August 14:00, fluctuating between $0.24 and $0.24 with limited directional momentum.
- The digital asset established price support around $0.24-$0.24 levels where institutional buying emerged consistently, while resistance developed near $0.24-$0.24 where profit-taking materialized.
- Volume analysis revealed concentrated activity during the 20:00 hour on 27 August with 179.67 million units transacted, significantly exceeding the 24-hour average of 41.75 million units.
- The concluding trading hour demonstrated renewed institutional interest with HBAR settling at $0.24, indicating potential for sustained upward movement contingent on volume maintenance above established benchmarks.
- HBAR recorded measured volatility during the final hour from 28 August 13:23 to 14:22, advancing from $0.24 to a session high of $0.24 before settling at $0.24, representing a net appreciation of 0.33%.
- The period included two notable volume concentrations at 13:42 and 14:13 with 9.20 million and 6.81 million units respectively, corresponding with defined price movements.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
More For You
By Jamie Crawley, CD Analytics|Edited by Sheldon Reback
2 minutes ago

ICP executes V-shaped recovery, reclaiming $5.13 on heavy volume, possibly setting up for continued gains
What to know:
- ICP rallied 3% over the past 24 hours, forming a strong V-shaped recovery pattern.
- Heavy accumulation at $4.98 support saw volume spikes well above daily averages.
- Resistance at $5.11 was overcome as ICP rose toward $5.13, positioning for further upside.