What's behind Hedera's latest 8.9% price surge?

Hedera (HBAR) surged about 8.87% as trading activity and market interest pick up around its fixed-fee transaction model. The move comes with HBAR trading above key moving averages and approaching resistance near $0.09, signaling continued bullish momentum. Current indicators show strong short- to long-term upside potential, with a five-day range suggesting possible gains to $0.0979 while noting overbought cautions. Market cap reached roughly $3.84B and open interest around $148.46M, underscoring growing institutional interest.