HBAR Price Hits Yearly High as Tokenization Efforts Gain Momentum

The crypto market has gained steam lately, and Hedera (HBAR) is riding the wave. Recent market activity shows strong bullish momentum, pushing HBAR to new yearly highs.

Hedera (HBAR) price has hit yearly highs as the crypto market and tokenization efforts gain momentum.

Hedera (HBAR) price has reached $0.336, marking the highest level since late December, according to recent market activity. The cryptocurrency experienced a surge against Bitcoin (BTC), showing strong bullish momentum as altcoins continue their rally.

At the same time, major developments in tokenization could boost HBAR to new yearly highs.

A YouTube analyst, Crypto ZX, highlighted HBAR’s recent price action, showing that the cryptocurrency reached $0.336 — its highest level since late December. HBAR’s performance against Bitcoin saw the token climb 6.2% as altcoins continue their upward trend.

Trading volume has hit the $1 billion mark, showing a major jump from last week’s $500 million. The analyst points to growing investor confidence behind this surge.

With its market cap now at $12.6 billion, HBAR has been among the strongest performers of this cycle. Bitcoin’s dominance fell below 58%, making room for altcoins to rise. Crypto ZX noted that when BTC’s dominance declines, it often signals altcoin rallies. At press time, HBAR trades at $0.3794, up 22.21% in 24 hours and 37.42% over the week.

Hedera’s Tokenization

Beyond price changes, Hedera is advancing in practical adoption. Recently, Walltech and the World Gemological Institute collaborated to tokenize $3 billion worth of luxury assets. These include diamonds, jewels, watches, and jewelry.

Crypto ZX described this move as “massive,” emphasizing that tokenization could transform traditional industries. He explained that bringing physical assets onto the blockchain enhances transparency and efficiency. He also noted that this aligns with Hedera’s broader mission of driving blockchain adoption beyond speculation.

Key Resistance Levels and Price Projections

HBAR’s strong rally faces critical resistance at $0.337. Crypto ZX pointed out that breaking above this level could trigger a push toward $0.38. If momentum continues, HBAR might even test the $0.44 mark, signaling the start of a broader rally.

“If we close above this resistance, HBAR could push toward all-time highs,” he predicted. However, he cautioned that market conditions remain volatile, and traders should monitor key levels.

A Breakout Year for Hedera?

HBAR’s performance in early 2025 has been strong, with new highs already set. Crypto ZX believes this could be the beginning of an even larger breakout year for Hedera. He pointed out that projects with real-world use cases tend to sustain long-term growth.

“This is just the start,” he said, urging the community to stay engaged. He encouraged viewers to share their price predictions and thoughts on Hedera’s future developments. As Bitcoin consolidates near $100,000, the altcoin market appears primed for further gains.