Here’s Why Hedera (HBAR) Price Is Pumping

HBAR surged about 11% to around 0.0916 after two major announcements: Hedera Governing Council’s acquisition of Hyperledger Fabric IP and open-sourcing plans, plus The Hashgraph Group’s BrandBoost rollout for gamified rewards and real-time engagement. Technical indicators show bullish momentum with MACD cross, RSI near 58-60, and price above key moving averages. Short-term focus: break above 0.10 for potential moves to 0.11–0.12; support at 0.088–0.085. Longer-term bulls point to enterprise adoption and real-world utility.