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Reading: Hedera gains traction as UK FX pilot boosts institutional adoption, HBAR eyes $1 target
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COINTURK NEWS > Hedera (HBAR) > Hedera gains traction as UK FX pilot boosts institutional adoption, HBAR eyes $1 target
Hedera (HBAR)

Hedera gains traction as UK FX pilot boosts institutional adoption, HBAR eyes $1 target

In Brief

  • 🚀 Hedera powers UK’s first FX pilot using tokenized real-world assets.

  • 📊 HBAR price defends a key demand zone, with traders eyeing a bullish reversal toward $1.

  • 🏦 Institutional giants like Lloyds, Aberdeen, and Archax collaborate in the pilot with $HBAR.

  • 📈 HBAR hovers near $0.066 as market sentiment improves and tokenization gains momentum.
Onur Atam
Onur Atam 40 minutes ago
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Hedera (HBAR) is drawing attention as it maintains a major demand zone in a broadly bearish crypto environment and sees its role expand in institutional finance. Despite the market’s downside pressure, traders are watching closely for early signs of a bullish reversal in the HBAR price.

Contents
HBAR price holds key supportUK FX pilot drives institutional progressPrice outlook and institutional impact

HBAR price holds key support

HBAR trades at $0.06594, with a 24-hour volume of $30.91 million and market capitalization reaching $2.89 billion. The token gained 1.19% over the last 24 hours, and analysts note that both price structure and network activity suggest a possible shift to the upside for HBAR.

Crypto analyst Crypto Patel remarked that HBAR remains approximately 84% below its 2024 high and is yet to reclaim its former peak. Despite this, the $0.0435–$0.057 zone continues to act as a robust support level on the weekly timeframe, previously sparking significant rallies of 1,823%, 816%, and 1,600%.

Traders are monitoring this area for accumulation and increased buying before expecting an upward breakout in price. For a bullish reversal to materialize, market participants expect a liquidity sweep, a reclaim of the level, a change of character (CHoCH), and a break of structure (BOS).

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

Should these technical signals align, HBAR could set its sights on targets at $0.10, $0.30, $0.50, $0.70, and eventually $1 as broader bullish conditions take hold. However, a weekly close below $0.03563 may invalidate this bullish scenario, indicating heightened downside risk.

Level/ZoneDescription
$0.0435–$0.057Key demand zone, historical support
$0.10First major target in bull scenario
$0.30, $0.50, $0.70, $1Further upside targets
$0.03563Bearish invalidation threshold

UK FX pilot drives institutional progress

Hedera’s institutional momentum has accelerated with the completion of the UK’s first foreign exchange pilot using tokenized assets as collateral. The pilot, conducted in partnership with Lloyds Banking Group, Aberdeen Investments, and Archax, utilized Hedera’s network to settle trades involving tokenized money market funds and UK government bonds.

Token Relations indicated that the pilot highlights Hedera’s growing influence in the tokenization of real-world assets and its expanding role in financial infrastructure. The project also involves key integrations with Taurus, Utila, Mastercard, and Assetto, further reinforcing Hedera’s institutional engagement.

Mini dictionary: Hedera is a decentralized public network designed for enterprise-grade applications, using the Hashgraph consensus mechanism to provide fast, fair, and secure transactions. Tokenization refers to the representation of real-world assets on blockchain networks as digital tokens, enabling efficient settlement and greater access to traditional financial markets.

Hashgraph, the underlying protocol of Hedera, reported expanding adoption among institutions. Tools supporting developers and payment services have also contributed to wider usage of the Hedera network.

Price outlook and institutional impact

With the broader crypto market sentiment improving and Bitcoin showing recovery, HBAR has also experienced upward momentum. Analysts point out that the sustainability of this trend for HBAR largely depends on buyers defending the $0.0435–$0.057 zone and moving beyond important resistance levels.

Market observers believe confirmation of both a CHoCH and BOS would improve the probability of a bullish trend reversal, targeting $0.10 as the initial upside threshold. Rising institutional participation in real-world asset tokenization could further strengthen HBAR demand.

Traders continue to focus on the $0.0435–$0.057 region as a key area for potential accumulation and an early signal for new bullish momentum.

A close below $0.03563 on the weekly chart, however, would undermine the bullish case and may prompt further price declines.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Onur Atam 17 August, 2026 - 10:48 pm 17 August, 2026 - 10:48 pm
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Onur Atam
By Onur Atam
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The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
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