- Despite negative YTD -43.02%, HBAR retains impressive one‑year gain of 73%, signaling strong longer‑term recovery potential market cycle.
- Scheduled June 18 network maintenance, June 13 AMA, and June 2 JavaScript SDK upgrade showcase active ecosystem development.
Hedera (HBAR) is currently trading at $0.1527, down 3.99% in the last 24 hours. Over the past month, it has fallen 25.80%, with a 6-month drawdown of 48.34%, reflecting continued bearish sentiment across altcoins.
Despite this, its 1-year gain is +73%, indicating a solid longer-term recovery from previous lows. Year-to-date performance, however, is negative at -43.02%, and HBAR trades well below its all-time high of $0.401.
On the news front, Hedera is actively developing and maintaining its ecosystem. It has scheduled network maintenance for June 18, held an AMA session on June 13, and continues regular upgrades like the JavaScript SDK update completed on June 2.
Notably, Hedera is also engaging in broader industry events like Consensus 2025 and Paris Blockchain Week, which signal ongoing interest in institutional and developer adoption.
Paris Blockchain Week 2025 was nothing short of exceptional.
Grateful for the meaningful conversations around the @hedera booth and the chance to connect with partners, builders & community members.
Time to turn insights into impact.@The_Hashgraph is just getting started. pic.twitter.com/A8iGbM1yPk
— The Hashgraph Association (@The_Hashgraph) April 17, 2025
From a technical perspective, indicators suggest a possible bottoming formation. Traders have identified Elliott Wave structures and Fibonacci support zones, with potential bullish divergence forming.
One popular ETHNews view suggests a repeat of its prior cycle’s structure, which may lead to a recovery aiming toward the $0.39–$0.40 zone. However, the trend remains weak until key resistance levels are broken, such as the $0.216–$0.225 range.
The post Hedera AMA Sparks Rally Hopes Despite 48% Six‑Month HBAR Collapse appeared first on ETHNews.
