HBAR has shown a strong recovery, rising 4% to $0.24 after testing key support levels around $0.23, amid positive developments such as SWIFT blockchain trials utilizing Hedera. The token experienced a narrow trading range while institutional interest grows, particularly with Grayscale filing a Delaware trust related to HBAR, which could potentially set the stage for a future ETF. The macroeconomic environment is favorable for digital assets, supported by the Federal Reserve maintaining interest rates below 2%, raising expectations for rate cuts which could benefit cryptocurrencies. HBAR's price action indicates accumulation at the $0.23–$0.24 range, reflecting growing confidence in its role within digital finance as significant trading volumes accompany this rebound, suggesting a bullish outlook for the token.

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