Axelar integration connects hedera to 60+ blockchains, expanding defi access and driving hbar's price up 2.4%. however, the token underperformed the broader crypto market and faces a macro bearish trend, tempering the immediate impact.
The article is from cd analytics (coindesk), a well-regarded crypto news source, providing detailed price action, volume analysis, and technical levels. it also acknowledges both positive and negative factors, indicating a balanced perspective.
While hbar saw a 2.4% gain and a strong short-term reversal due to the axelar integration and volume surge, it still underperformed the broader market and remains within a long-term descending channel, below key emas, indicating a continued macro bearish trend. short-term bullish momentum is present, but structural resistance is strong.
The axelar integration significantly expands hedera's interoperability and defi access to 60+ blockchains. this fundamental improvement is a long-term driver for adoption and increased utility for hbar, even if short-term price movements are currently constrained by macro trends.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email HBAR Gains 2.4% From Major Support as Axelar Integration Drives DeFi Activity Volume surge validates advance despite token's underperformance versus broader crypto market rally. By CD Analytics , Oliver Knight Updated Nov 24, 2025, 5:35 p.m. Published Nov 24, 2025, 5:35 p.m. "HBAR rises 2.4% to $0.144, boosted by Axelar integration and volume surge amid broader market gains." What to know : HBAR climbed to $0.144 on 59% above-average volume during 24-hour session. Token lagged CD5 crypto index by 1.64% amid selective institutional rotation. Axelar integration connects Hedera to 60+ blockchains, expanding DeFi access. HBAR climbed 2.38% to $0.144 as trading volume surged 59% above its weekly average, driven by Axelar’s new integration that links Hedera to more than 60 blockchains. Despite the catalyst, the token lagged the broader market, underperforming the CD5 index by 1.64% as capital rotated into other digital assets. Intraday volatility remained elevated, with a $0.0146 range and a peak at $0.1555 before sellers pushed price into a descending channel. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Support formed near $0.1410 as late-session buying stabilized the pullback. Short-term data showed a strong 60-minute reversal pushing HBAR from $0.1413 to $0.1443 on robust volume, reinforcing bullish momentum above newly established support. Still, the broader trend remains heavy, defined by persistent lower highs that have shaped the market since September. HBAR continues to trade below key EMAs, with the 20-day at $0.155 and higher-timeframe resistance reinforced by the 50- and 100-day EMAs at $0.174 and $0.189. The macro trend remains bearish; tempering optimism around Axelar-driven interoperability gains. Traders will be watching whether expanding cross-chain liquidity can spark a sustained challenge of structural resistance. HBAR/USD (TradingView) Key Technical Levels Signal Mixed Outlook for HBAR Support/Resistance: Immediate support holds at $0.1410 with resistance at $0.1450; major ceiling remains at 20-day EMA $0.155. Volume Analysis: 59% surge above weekly average validates price action; breakout volume of 6.8M confirms reversal attempt strength. Chart Patterns: Descending channel dominates 24-hour structure while ascending pattern emerges in 60-minute timeframe, suggesting potential reversal. Targets & Risk/Reward: Next resistance targets $0.1450-$0.1555 range; break below $0.1410 triggers $0.125 demand zone test. 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