The drought in Hedera’s currently-active exchange-traded funds (ETFs) has passed on the altcoin’s Spot market price. With a 5.6% upswing in 24 hours, Hedera Hashgraphs’ native crypto currency is trading at $0.1429, still below key resistance levels.
Sluggish ETF Action Takes Toll On HBAR’s Price
This is mostly driven by the vague trading activity in Hedera’s ETF markets. According to the real-time data compiled from SoSoValue, the overall inflows stand at just above $82 million.
Despite seeing substantial trading action during the debut days in late October, Hedera’s Wall Street appeal has plunged to low levels, facing zero inflows for consecutive days. Even though the slowed adoption of HBAR on Wall Street is likely caused by the stagnant ecosystem growth and the broader geopolitical tensions, HBAR’s Network saw a resurgence in USDC usage.
With stablecoin regulation at its clearest point in years, Circle USD (USDC) stands out as one of the most-compliant stablecoins pegged to the United States Dollar. In Hedera’s case, the total value locked (TVL) now hosts $93.3 million in USDC liquidity, accounting for 99.7% of all HBAR stablecoin liquidity, according to DefiLlama’s real-time blockchain statistics.
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People Also Ask:
HBAR is up 5.6% today, trading at $0.1429. This rebound comes after recent dips, showing some short-term buying interest despite broader market jitters.
HBAR has struggled to gain traction due to stale inflows into spot HBAR ETFs. Trading volumes & fresh investments remain low, keeping upward momentum in check even as the network grows.
USDC supply on Hedera has surged 23% recently, hitting over $172 million as of late October. This reflects rising adoption for fast, low-cost stablecoin transactions on the network.
It’s a big win for ecosystem utility—more USDC means increased DeFi activity, payments, and liquidity. This could indirectly boost HBAR demand over time, even if ETF flows stay quiet.
It depends on your risk tolerance. The price bounce is positive, but ETF stagnation adds caution. Watch for sustained USDC momentum as a bullish signal for long-term holders.
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