Hedera Down 35% In A Month, But Jumps Ahead of Dogecoin, XRP, Solana In ETF Race
Posted On February 24, 2025
Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Hedera (CRYPTO: HBAR) | $0.2139 | $8.96 billion | +1.8% | +1.3% |
XRP (CRYPTO: XRP) | $2.44 | $141.4 billion | -4.3% | -7.4% |
Cardano (CRYPTO: ADA) | $0.7253 | $25.5 billion | -5.2% | -8.6% |
Trader Notes: Crypto trader Javon Marks sees HBAR’s first breakout target at $0.504, a 128% increase from current levels. If this level is broken, HBAR could push toward $1.00.