Hedera’s native token, HBAR, jumped 22% today to hit an intraday high of $0.158, as bullish sentiment flooded the market following a major development with Nvidia. The surge comes on the back of growing excitement over the use of Hedera’s blockchain to enhance AI data integrity, signaling a potential game-changer for the AI-crypto intersection.
Hedera and Nvidia: A Promising AI-Blockchain Alliance
The rally began after Anthony Rong, Nvidia’s regional VP of Engineering, shared a LinkedIn post revealing close collaboration between Nvidia and the Hedera team. He outlined how Hedera’s fast, secure, and low-energy public ledger could become instrumental in ensuring trust in AI-generated data across industries like healthcare, finance, supply chains, and autonomous vehicles.
According to Rong, Hedera’s architecture enables real-time verification of data origin, which is crucial for preventing AI-related misinformation, fraud, and errors. Its energy-efficient design also aligns with Nvidia’s sustainability goals in high-performance computing.
Market Response and Trading Activity
The news catapulted HBAR’s market cap above $6.6 billion, with daily trading volume spiking over 53%, crossing the $551 million mark. The broader crypto market also participated in the upswing, particularly in the AI token sector:
- Bittensor (TAO): +11.98%
- Render (RENDER): +14.25%
- Grass (GRASS): +1.01%
- Beldex (BDX): +5.72%
Adding to the momentum, The Hashgraph Group announced a strategic investment in AgNext Technologies, an Indian agritech firm. The collaboration aims to bring Hedera’s blockchain into AI-powered agriculture, enhancing traceability and food supply chain integrity.
Technical Picture: Breakout or Bull Trap?
From a technical perspective, HBAR is currently testing the upper boundary of a falling wedge pattern — often a precursor to sustained upside breakouts. However, momentum indicators remain mixed:
- Bull-Bear Power (BBP) has remained below zero since March 2, suggesting sellers still have an edge.
- Aroon Down is at 92.86%, and Aroon Up sits at 0%, reinforcing bearish dominance.
Despite this, analysts like Sunovam highlight that the current price action mirrors past bullish setups. Historically, HBAR rallies follow a cycle: parabolic surge → 60–65% correction → consolidation → breakout. The token is currently down about 58% from its recent peak, hovering near critical support.
“If HBAR holds above the $0.14–$0.15 zone, we may see another leg up. But losing this range could drag it back toward $0.10,” Sunovam noted.
Meanwhile, the MACD on the weekly chart is nearing a bullish crossover, but hasn’t confirmed yet — keeping the momentum cautiously neutral.
Will the Rally Continue?
To push higher, bulls need to reclaim resistance levels at $0.20 and eventually $0.25. A break above these levels could confirm the start of a broader uptrend, especially if the AI narrative continues to drive investor interest.
However, broader market conditions will also play a key role. As always, Bitcoin’s performance remains the barometer for altcoin momentum. If BTC holds or moves higher, tokens like HBAR could benefit from the rising tide.
