What Would Have to Happen for Hedera (HBAR) to Reach $0.25?

Hedera (HBAR) sits around $0.081, needing roughly a 209-210% surge to reclaim $0.25, a level last hit in 2025. The piece links price to market cap (~$3.56B current vs. ~$11B needed) and notes rising activity (168% more transactions, TVL up 12.3% to $33.2M) but flat-fee demand limits upside. It also covers IBM/IDTrust momentum, regulatory nudges, and the risk that enterprise gains fade without clear fee-revenue visibility. Short-term outlook remains tepid unless key milestones materialize.