Hedera’s (HBAR) price soared 10% within the last 24 hours, driven by strong signals of increasing institutional involvement and positive technical indicators. Analysts anticipate a potential further rally of up to 30%, with community sentiment bolstering this bullish trend. Key drivers include growing interest from institutions coupled with robust on-chain metrics that suggest HBAR is positioned for significant growth. 24-hour trading volume reflects increased investor confidence, indicating a favorable market environment for the token. No new institutional investments were announced, but on-chain data points to surging activity in the ecosystem. Community sentiment remains positive, with staking and utility integrations as key factors behind recent gains. HBAR has become a leader within major crypto indices, surpassing even Crypto.com Coin in several indexes.