HBAR Gains 2.4% From Major Support as Axelar Integration Drives DeFi Activity

CoinDeskMonday, November 24, 2025 at 5:35:10 PM
HBAR Gains 2.4% From Major Support as Axelar Integration Drives DeFi Activity
  • HBAR has gained 2.4% from a major support level, attributed to increased DeFi activity driven by its integration with Axelar. This surge in volume indicates a validation of the token's advance, despite its recent underperformance compared to the broader crypto market rally.
  • The positive movement in HBAR's price is significant for Hedera, as it reflects a potential recovery from previous liquidity concerns and price declines that had seen the token drop below critical support levels in recent trading sessions.
  • This development highlights the volatility within the cryptocurrency market, where HBAR's recent gains contrast sharply with its earlier struggles, including significant drops driven by institutional selling pressure and liquidity alarms, underscoring the challenges faced by many tokens in maintaining stability.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Filecoin Rises 2% After Breaking $1.63 Resistance
PositiveCryptocurrency
Filecoin (FIL) has seen a 2% increase after successfully breaking through the $1.63 resistance level, with trading volume indicating strong technical momentum. This breakout suggests a positive shift in market sentiment for the cryptocurrency.
CME Crypto Futures Volume Hits Record 795K Contracts Amid Volatility
PositiveCryptocurrency
CME's crypto futures volume reached a record 795,000 contracts, reflecting a 132% year-over-year increase in average daily volume and an 82% rise in open interest, driven by heightened institutional and retail demand.
BNB Rebounds Above $860 After Testing Key Support
PositiveCryptocurrency
BNB has rebounded above $860 after testing a key support level, indicating a recovery that has allowed it to surpass multiple resistance zones. However, the move has been accompanied by relatively low trading volume, which may limit further upward momentum as traders focus on the $870 mark.
Celestia’s TIA Token Rises as ‘Matcha’ Upgrade Preps Network for Cross-Chain Future
PositiveCryptocurrency
Celestia's TIA Token has experienced a rise following the announcement of the 'Matcha' upgrade, which is described as the network's most significant software enhancement to date. This upgrade aims to increase the network's capacity and improve the economics surrounding the TIA Token.
Stellar Climbs 3.5% to $0.25 as Technical Recovery Gains Momentum
PositiveCryptocurrency
Stellar's token has climbed 3.5% to $0.25, indicating a technical recovery following a period of consolidation. This price movement is accompanied by improvements in network fundamentals, suggesting resilience in the face of market fluctuations.
Rumble Gains 13% After Tether Boosts Stake by 1M Shares
PositiveCryptocurrency
Rumble's stock surged by 13% following Tether's acquisition of an additional 1 million shares, coinciding with a broader rally in data center and high-performance computing stocks. This increase reflects investor confidence in Rumble's potential growth and Tether's strategic positioning in the cryptocurrency market.
Monad’s MON Token Stumbles Out of the Gate in Trading Debut After Slow Token Sale
NegativeCryptocurrency
Monad's MON token faced a challenging trading debut following a slow token sale, marked by soft demand and low trading volume, which raised concerns about its distribution and market reception.
What Next for DOGE Price as Grayscale's GDOG ETF Debuts?
NeutralCryptocurrency
Grayscale's GDOG ETF is set to debut on November 24, 2025, amidst a challenging market for Dogecoin (DOGE), which is currently facing significant resistance at the $0.1495 level and short-term support at $0.144. This launch marks a pivotal moment for DOGE as it seeks to establish itself within the institutional investment landscape.