$10 HBAR Incoming? Hedera Gains 5% as Volume Surges Past $650M

While other leading altcoins buckled this week, HBAR is gearing up to be March’s best performer, like Sonic was in the February altcoin report.

It has held firm against broader economic pressures—such as US President Trump’s “tariff war” and NATO tensions—maintaining a strong 25% gain for the week.

It is this resilience that is fuelling speculation that a $10 target could be within reach.

HBAR Price Analysis: Is a $10 Hadera Imminent?

Its potential is most apparent with the breakout of a falling wedge pattern that has been forming since mid-December.

While $10 remains a distant goal, this move lays the groundwork. Much of its projected upside has played out, but the pattern still sets a target of $0.36—a potential 50% gain from current levels.

It has promising staying power, especially as technical indicators favor the bulls.

The Relative Strength Index (RSI) has reset to a neutral 52 after nearing overbought territory at 70, while the MACD line remains in an uptrend above the signal line—both signs of dominant buying pressure.

This forms a solid foundation for growth, though consolidation may be the next move with the 50SMA presenting a strong overhead barrier to the 20SMA supports rebound attempts.

If buying pressure persists into the weekend, this barrier could be broken.

Hedera Might Not Be the Best Play this Bull Cycle

Those who jumped to HBAR as an alternative Layer-1 to Solana (SOL) may need to reconsider— Solaxy ($SOLX) has solved the Solana Network’s biggest limitation: scalability.

Post-inauguration “meme coin mania” has made the Solana network a goldmine for 10-100x meme coin opportunities, but the trading volume it brings has taken a toll.

As any user would know, failed transactions are the platform’s biggest gripe. Solaxy heeds the answer to this call, all the while riding its tailwinds.

Unlike Ethereum, which boasts several Layer-2 options, Solana has long lacked this capability—until now.

By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion, lowers transaction costs, and enables seamless interoperability between blockchains.

With over $25 million raised in its ongoing presale, the project is already gaining strong momentum—potentially credited to its 162% APY on staking that rewards early investors.

You can keep up with Solaxy on X and Telegram, or join the presale on the Solaxy website.