Canary Capital has also bolstered its presence in the Hedera network. This is not the first instance or the only event in the growing institutionalization trend related to blockchain assets. As of the 9th of January 2026, the HBR ETF managed by Canary Capital holds 479.8 million HBAR tokens, the native cryptocurrency on the Hedera network.
Source: X
With approximately 0.96% of the Hedera token’s maximum supply of 50 billion, the HBR ETF held a material number of HBAR tokens despite being a solitary institutional investor. This fact demonstrates the rising institutional conviction regarding the long-term prospects of Hedera. Such steady acquisitions through institutional-grade products illustrate that HBAR is gaining recognition as a legitimate blockchain asset in the crypto space.
Also Read: Hedera Hashgraph (HBAR) Weekly Breakdown Signals Possible Move Toward $0.072 Level
However, the crypto analyst, Crypto Pulse, revealed that the current pivotal test being undertaken by HBAR is at the level of $0.10, which has in the past served as a solid basis for further gains. Analysts are waiting to see if a test of this pivotal point is successful, which might pave the way for a move higher to $0.14.
Source: X
Market players are being cautious and waiting for confirmation before making their move. If this level of support holds and market players do buy, HBAR could once again trigger bullish market momentum, as it shows that the market is ready to reverse pressure.
Technically, it is quite obvious that the token has been moving in the lower direction since the end of 2025. The current price is testing the 200-week EMA at around $0.142. This has been a strong level of support in the previous periods. A breakdown here will result in the strong level of support at $0.11. The level of resistance is at $0.158-$0.16, at the 20-week and 50-week EMAs, respectively.
Source: TradingView
Also, the RSI (14) indicator is around 36.7, which is nearly in the 40s region. So, one can say that the HBAR is soon to enter the oversold territory, but not entirely. This means that although the sellers are dominating the market, there is still a possibility that the HBAR can switch to the counter-trend if the demand rises in the market. In the previous instances, the RSI values of 30 to 35 were observed around the low points.
Also Read: Hedera (HBAR) Price Could Reach $0.30 Amid Growing RWA Adoption


