HBAR, the cryptocurrency of the Hedera network, has experienced a significant rally, reaching a 38-month high of $0.399. The surge in price was accompanied by increased trading volume and open interest in the futures market. The rally was attributed to several factors, including Hedera's expansion in the RWA tokenization sector through partnerships with World Gemological Institute and Vaultik. There are also rumors of a potential HBAR exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission. Hedera's technology being deployed in WISeKey's satellites and its growing prominence as a cheaper alternative to Ethereum have also contributed to the bullish sentiment. The technical indicators suggest further potential gains, with analysts predicting a rally to $0.45 and potentially $0.50. Additionally, the HBAR rally could be supported by a strong Bitcoin rally ahead of Trump's inauguration. At the time of writing, HBAR is trading at $0.3724 per coin, up 11.9%.



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