Hedera (HBAR) has muscled its way past established players Litecoin and Chainlink, briefly grabbing the #11 spot in the crypto hierarchy. The token jumped to $0.2307 after pushing through its previous weekly ceiling, marking a sharp 26% upswing.
At press time, trading at $0.233, HBAR has posted gains of 28.71% in a single day and over 5.5% for the week, according to CoinGecko data.
This climb has sparked serious talk about HBAR potentially reaching the dollar mark in coming months. Analysts cite a combination of historic price movements, positive technical indicators, and Hedera’s solid fundamental strengths as fuel for this rally.
Market analysts from CoinPedia, note that the recent rally pushed HBAR’s market cap to $9.68 billion, surpassing Litecoin and Chainlink, albeit briefly.
$HBAR is on fire!🔥 #Hedera flips $LTC and $LINK with a $9.68 Billion market cap, making it the 11th #cryptocurrency globally! 🚀#HBAR just broke its weekly high of $0.2253 and is now trading at $0.2307, up 26%.
— Coinpedia Markets (@MarketCoinpedia) March 1, 2025
Is $1 on the horizon? 👀
Historical Bullish Patterns
➡️In… pic.twitter.com/2rRPKn0alI
Historical trends suggest further potential upside. In December 2024, HBAR skyrocketed 848% from $0.0414 in early November to $0.3928 a month later. If the current market structure follows a similar trajectory, HBAR could see another breakout.
What you'll learn 👉
HBAR Technical Indicators Signal Strength
HBAR’s technical outlook remains bullish, with the token trading above key moving averages. Hedera’s recent surge past its 50-day moving average signals growing momentum for the crypto. With the 100-day average at $0.09614 and 200-day at $0.1346, market watchers at Coinpedia see strong technical indicators supporting continued upward movement.
Behind the price action, Hedera continues to cement its position as a practical blockchain solution. Its combination of speed, security, and affordability makes it increasingly relevant in the blockchain space. The recent HederaCon 2025 highlighted impressive network growth, potentially driving more interest in HBAR as adoption expands.
Institutional interest is also growing. The potential Nasdaq filing for a spot HBAR ETF could introduce new liquidity and investor confidence. Analysts believe this move would increase adoption and support a long-term price surge, potentially driving HBAR to $1 by March or April 2025.
Read also: How Bitcoin Price Has Performed in March Over the Years: A Full Breakdown
Swift’s Adoption of Hedera Technology
Further adding to bullish sentiment, Swift is reportedly integrating Hedera’s technology for trials across North America, Europe, and Asia as per a tweet shared by X user Dagnum P.I..
🚨 BREAKING: CONFIRMATION SWIFT WILL BE USING HEDERA TECHNOLOGY ACROSS THREE CONTINENTS! $HBAR
— Dagnum P.I. (@Dagnum_PI) March 1, 2025
LIVE TRIALS WILL BEGIN IN NORTH AMERICA EUROPE AND ASIA THIS YEAR AND STARTING NEXT YEAR WILL USE HEDERA'S TECHNOLOGY
News was dropped by Dylan Brady who is the Chief Executive… pic.twitter.com/dc4Eyrkt8T
Dylan Brady, CEO of Tosho.io, revealed that live trials will begin this year, with full-scale adoption expected in 2025. The involvement of Swift, a global financial messaging giant, could significantly boost Hedera’s credibility and drive institutional participation.
As HBAR maintains its uptrend and adoption expands, market participants are watching its next move. With historical patterns, technical strength, and growing institutional support, the $1 target appears increasingly achievable.
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