Key Takeaways
- While $HBAR is gaining momentum, emerging projects like PlutoChain ($PLUTO) are also capturing attention with their innovative approaches to blockchain scalability.
- Hedera Hashgraph’s native token, $HBAR, has seen a surge in investor interest following the filing of ETF proposals by Grayscale and Canary Capital.
- Analysts predict that $HBAR could reach prices between $0.50 and $2.50 by the end of 2025, contingent on ETF approval and increased institutional adoption.
- The potential approval of a Hedera ETF could make $HBAR more accessible to traditional investors, potentially driving significant price appreciation.
Hedera ETF Filings Spark Investor Enthusiasm
Recent filings by Grayscale and Canary Capital for a Hedera ETF have ignited excitement within the crypto community. These filings, acknowledged by the SEC, propose the creation of a spot ETF that would directly hold $HBAR tokens, offering investors exposure without the need to manage digital wallets.
The significance of these filings lies in the potential for increased institutional participation in $HBAR, as ETFs are a familiar investment vehicle for traditional investors. If approved, the Hedera ETF could pave the way for greater adoption and liquidity for the token.
$HBAR Price Predictions: What Analysts Are Saying
Analysts have provided various price predictions for $HBAR in light of the ETF filings and growing institutional interest:
- CCN.com suggests that $HBAR could trade between $0.13 and $0.75 by the end of 2025, depending on adoption rates.
- BanklessTimes reports that technical indicators point to a potential surge to $2.50, driven by bullish patterns and ETF optimism.
- Changelly forecasts a maximum price of $0.2753 for $HBAR in 2025, based on technical analysis.
These predictions highlight the potential for significant price appreciation, especially if the ETF is approved and institutional adoption increases.
Market Sentiment and Trading Activity
The ETF filings have not only influenced price predictions but have also impacted market sentiment and trading activity:
- HBAR’s long/short ratio has reached a one-month high of 1.09, indicating a bullish sentiment among traders.
- Futures open interest for $HBAR has surged by 18%, reaching $205 million, reflecting increased speculative interest.
These metrics suggest that traders are positioning themselves for potential upward movements in $HBAR’s price, anticipating positive developments from the ETF filings.
Forget Speculation — PlutoChain ($PLUTO) Is Trading and Scaling
While Hedera investors await ETF approvals and potential institutional flows, another Layer-2 protocol is already making waves: PlutoChain ($PLUTO). And it’s not just faster — it’s built for Bitcoin.
While $HBAR is building momentum on the back of ETF speculation, PlutoChain ($PLUTO) is already live on Uniswap and turning heads. As a Layer-2 solution built on Bitcoin, it’s reshaping what BTC can do — enabling smart contracts, DeFi capabilities, and lightning-fast, low-cost transactions through its EVM-compatible Optimism-powered engine.
PlutoChain is:
- Now trading live on Uniswap, and rapidly gaining traction among early adopters
- Seeing a 32% price rebound in just 6 hours, following a healthy market correction
- Posting a 120% post-listing surge, pointing to strong investor demand from day one
- Powering over 113,000 testnet transactions, reflecting active developer testing and user engagement
- Built on Celestia and the OP Stack, delivering scalability and a robust decentralized foundation
After an impressive 120% surge on launch day, $PLUTO saw a brief dip — but it’s already bouncing back with a 32% rebound in just the past 6 hours, showing that momentum and community interest are still going strong.
With real-world metrics and on-chain performance already visible, PlutoChain is positioning itself as a frontrunner in the BTCFi space — a sharp contrast to HBAR, which remains in ETF limbo.
If you’re excited about Layer-2 innovation but want a token that’s already active, liquid, and growing, PlutoChain might deserve a spot on your radar. Its aim? To bring smart contracts, DeFi, and NFTs to Bitcoin’s base layer.
Related Article: https://plutochain.io/academy/ripples-legal-showdown-april-16-deadline-looms-in-sec-battle/
Disclaimer:
The information is for educational purposes only and should not be considered as investment advice. Cryptocurrency trading carries significant risks, and readers should do their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and all investments can lose value.
