Analyst Lays Out $1 HBAR Thesis Amid Brutal Token Dilution

An analyst argues HBAR could hit $1 despite current dilution from token unlocks, backed by on-chain data, tokenomics, and regulatory-tailwinds. With ~43B of 50B max supply circulating, upcoming unlocks have pressured price, but faster supply release plus potential spot ETFs and institutional demand could drive a multi-x move. He cites regulatory clarity (SEC labeling Hedera as not a security) and ETF inflows as catalysts, projecting intermediate targets near $0.40 before a possible rise to $1, highlighting profit-taking plans around $1.