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Hedera Hashgraph (HBAR) shows renewed price action on its daily chart after an extended decline. The coin tests a vital horizontal support zone that evolved from earlier trading activity. HBAR’s price stood at $0.2569 during press time. The coin gained 9.69% over the last 24 hours. Trading data records a 22.94% increase during the past week. A rebound from lows near $0.20 is clearly visible. Price action has moved upward into a consolidation zone. This zone served as both resistance and support in past sessions. The daily chart shows a distinct push toward the $0.25–$0.26 area. Price candles have advanced steadily from the previous low. The upward movement marks a shift in the market’s recent structure. This action reflects observable trends on the chart. The chart displays a rectangular range in the mid-$0.20s. This area marks where buyers and sellers previously engaged. A simple moving average tracks slightly below the current price. The moving average often functions as dynamic support during upward moves. The Relative Strength Index remains above the midpoint of 50. This reading signals that buyer activity continues. The Directional Movement Index shows the +DI above the –DI line. Such technical indicators confirm clear market momentum within the observed range. Each indicator contributes to the overall view of HBAR’s structure. A tweet from Alpha Crypto Signal notes that HBAR is testing its horizontal support zone. The tweet mentions that the coin is attempting to reclaim this area after a prolonged downtrend. The tweet points out the importance of the $0.25–$0.26 region. #HBAR HTF Analysis: $HBAR on the daily timeframe is attempting to reclaim its horizontal support zone after a prolonged downtrend. Once $HBAR breaks out of this resistance, we can look for a long entry on the retest. Until then, keep monitoring the $HBAR chart for further… pic.twitter.com/nsXddmRsal Key levels include resistance in the low-$0.30s and support at the previous swing low near $0.20. Trading volume remains robust during the current phase. Volume data supports the clear price structure displayed on the chart. Observers record these data points as essential to understanding HBAR’s evolving trend. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Mavryk Dynamics , the team behind Mavryk Network has raised over $5 million for its RWA network economy.The funding is expected to accelerate the development of its Layer-1 blockchain designed to democratize real-world asset (RWA) ownership This is major for the platform as it will redefine how individuals interact with Real Word Assets(RWAs) and Decentralized Finance (DeFi). The Mavryk Network recently launched its testnet ahead of its anticipated Token Generation Event (TGE), offering a user-friendly blockchain environment tailored for RWA tokenization and seamless DeFi integration. With over $360 million in RWAs already secured for tokenization, the network is expected to deliver tangible value to users seeking innovative investment opportunities. In a statement, Alex Davis, the founder of Mavryk, expressing enthusiasm, said: “We’re creating a future where traditional, analog assets seamlessly integrate into a digital network economy, unlocking investment opportunities that were once exclusive to a privileged few and making them accessible to investors around the globe,” Mavryk Dynamics envisions a digital commonwealth where asset tokenization is more accessible than ever. The recent funding round saw contributions from leading venture capital firms, including Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures, and Atlas Fund. Additional backing came from notable investors such as Draper Gorne Holme, Blockchain Alpha, Wentworth Hall Family Office, AngelDAO, and Everest Ventures, underscoring the industry’s confidence in Mavryk’s vision and infrastructure. Sharing the same sentiment as Alex Davis, Aylon Morley from Wentworth Hall Family Office emphasized the transformative potential of RWA markets, saying: “We chose to invest in Mavryk because we firmly believe in the tangible and impactful use case of RWA markets. Mavryk’s robust infrastructure and experienced team bring maturity and innovation to the table.” Mavryk’s non-custodial features include an on-chain protocol treasury, liquidity mining, bug bounties, and grants. The network’s architecture is built on strategic tokenomics, ensuring prosperity for stakeholders while maintaining user security. The founding team, seasoned blockchain developers, has also introduced a new RWA token standard alongside decentralized exchanges (DEXs) for non-custodial trading, lending, and borrowing applications. Mavryk’s testnet mirrors the mainnet’s functionality, allowing users to experiment in a risk-free environment. Participants can explore decentralized applications (dApps), purchase fractional test shares of real-world investments, submit feedback, and earn testnet rewards. This initiative ensures a seamless transition into the mainnet, promoting adoption and engagement within the ecosystem. By leveraging tokenization, DeFi applications, and advanced infrastructure, Mavryk aims to transform the way individuals interact with and utilize tokenized assets. Related: RWAs Outperform with Social Engagements

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