HBAR rose 2.1% to $0.1519 as traders reacted to various ecosystem updates within the Hedera network, including the introduction of an AI toolkit, partnerships for Web3 gaming, and the addition of new council members. On June 24, Blockchain for Energy (B4E) joined the Hedera Governing Council to enhance sustainability measures related to emissions reporting. Shortly after, Hedera launched its AI Studio, which includes a toolkit for developers to create AI-powered decentralized applications. Furthermore, a partnership with The Binary Holdings aims to expand Hedera-based gaming mobile applications in Southeast Asia. The launch of a new HBAR ETF is under review by the U.S. Securities and Exchange Commission, which could significantly increase institutional investment in HBAR if approved. Overall, HBAR has shown strong trading activity with notable support and resistance levels noted over the past week.

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