HBAR Price Struggles at $0.20 Despite SWIFT's $150T Gamble on Hedera

Hedera (HBAR) finds itself at a critical juncture as the enterprise-focused distributed ledger technology (DLT) platform balances significant institutional adoption potential

Hedera (HBAR) price struggles at $0.20 despite SWIFT’s $150T gamble on the network for key 2025 integration

The Hedera network, which uses the hashgraph consensus algorithm rather than traditional blockchain technology, is preparing for major integration with global financial infrastructure while also facing technical difficulties.

Now, as part of its broader strategy to expand into new markets and use cases, Hedera is also making significant strides in the artificial intelligence (AI) domain.

Hedera’s (HBAR) price analysis: Network faces technical difficulties despite SWIFT trials and new leadership vision

The Hedera network, which uses the hashgraph consensus algorithm rather than traditional blockchain technology, is preparing for major integration with global financial infrastructure while also facing technical difficulties.

Now, as part of its broader strategy to expand into new markets and use cases, Hedera is also making significant strides in the artificial intelligence (AI) domain.

The network, known for its enterprise-focused distributed ledger technology (DLT) solutions, is signaling potential for substantial institutional adoption. However, technical indicators present a mixed picture, with HBAR price struggling to maintain support levels amid broader crypto market volatility.

Hedera’s SWIFT trials signal major financial adoption potential

Beginning in 2025, SWIFT—the foundation of worldwide financial messaging handling over $150 trillion annually—will commence live trials utilizing Hedera’s technology.

Announced at HederaCon, these tests will showcase to banks throughout North America, Europe, and Asia, SWIFT’s confidence in Hedera’s scalability and reliability for handling real-world financial transactions.

This development showcases the evolution of their successful proof-of-concept tests to the highest level of investment from SWIFT and showcases the integration of the two technologies.

Highlighting the significance of this partnership, especially in today’s fast-paced digital world, is crucial.

Further expanding on the institutional adoption aspect, Hedera’s technology is the preferred Layer 1 DLT for the International Institute of Finance, which represents 450 of the biggest institutions from around the world.

This factor underscores the role of Hedera in today’s evolving financial landscape.

With successful integration into SWIFT and sustained institutional adoption, Hedera could transition from a niche DLT to an indispensable part of the global banking infrastructure, massively increasing its usage and recognition.

However, despite this potential and new leadership's vision, HBAR price has been encountering technical difficulties, which could hinder the token’s recovery in the short term.

Hedera’s strategic pivot under new leadership

Recently, with the arrival of Chief Operating Officer Shyam Nagarajan, Hedera is strategically emerging from five years of relative silence.

At ETH Denver 2024, Nagarajan presented his vision for the company, which is anchored on three main pillars: deepening institutional adoption, expanding into new use cases, and leveraging technology to create positive impact.

“We believe Hedera is a perfect candidate for bringing trust to AI and driving new innovation in that area,” Nagarajan stated, highlighting the platform’s unique position at the intersection of enterprise trust and decentralized innovation.

Nagarajan’s background at IBM, where he specialized in blockchain and responsible AI, brings credibility to Hedera’s AI-focused initiatives.

Under his leadership, the company appears to be well-poised to capitalize on what he describes as a more favorable regulatory environment, improving economic conditions, and maturing technology.

What sets Hedera apart from traditional blockchains

It’s important to note that in contrast to traditional blockchain networks that focus on cryptocurrencies, Hedera’s hashgraph ledger is designed for enterprise use cases and interoperability.

This narrative is crucial for understanding Hedera’s market position. While Bitcoin and Ethereum are renowned for their role in the digital asset space, Hedera is engaging with institutions and businesses to integrate its technology.

This integration potential is highlighted by the upcoming SWIFT trials, signaling a pivotal moment for deploying Hedera’s technology on a massive scale.

Moreover, while crypto traders typically analyze price trends and technical indicators, it’s essential to consider the broader context of institutional adoption in evaluating the long-term prospects of a cryptocurrency.

While HBAR price has faced difficulties and technical indicators present a mixed picture, the potential for major integration with SWIFT and broader institutional adoption could significantly impact the token’s valuation in the long run.

HBAR/USD technical analysis: Bearish signals dominate

Despite promising institutional developments, HBAR’s technical indicators present a concerning picture. The token is down 37% over the past 30 days and has struggled to maintain price levels above $0.20, with several key metrics suggesting continued downward pressure:

Critical support level at $0.177 tested and holds.

HBAR price tested the critical support level at $0.177, which could be crucial for determining the next stage of the downtrend. So