The cryptocurrency market could have a period of extended gains nearing, with positive sentiment starting to form. Indeed, with talk of more exchange-traded funds abounding in the US, some assets are starting to form some bullish increases. Among them is Hedera, as HBAR eyes $0.25 with experts saying the token has a 90% upside.
The asset has been one of the bigger surprises in the market this year. In the first two months of 2025, a host of cryptocurrencies had failed to make significant increases possible. However, that could be preparing to change. Moreover, assets like HBAR could be the face of an upcoming bull market.
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Hedera May Be Set to Jump 90% Amid Talks of HBAR ETF
This week will see the arrival of the cryptocurrency market’s very first White House Crypto Summit. The gathering is the latest of the United State’s efforts to overhaul its digital asset policy. Moreover, the US Securities and Exchange Commission (SEC) is expected to mirror that pursuit of the Trump administration.
Although that has yet to bear fruit for some of the market’s biggest assets, there are some tokens getting notable price increases. Among them is Hedera, with the asset eyeing $0.25, and HBAR ETF discussions presenting the crypto with a 90% upside.
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Although the asset had declined more than 1% over the last 24 hours, HBAR was positioned firmly at the $0.24 level. Moreover, the last seven days had seen Hedera increase as much as 20%, according to CoinMarketCap. Its current position marks a 101% increase from where it was in March of last year.
That pales in comparison to what experts are projecting from the cryptocurrency. Indeed, crypto price prediction platform CoinCodex projects the asset to jump as much as 94% before March is over. Specifically, they expect HBAR to end the month with a $0.46 high.
A big reason for the optimism is likely the ongoing discussions regarding an HBAR ETF. A recent filing was a reason for the asset’s 20% increase. Moreover, approval could have it reaching the $0.55 yearly high that CoinCodex predicts for the token.