Will HBAR Survive the Crypto Apocalypse? 😱📉

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HBAR‘s price is on a downward spiral, almost like that time I tried to diet by eating only airplane peanuts. It’s been a bumpy 42% plummet from its year-to-date peak, and now it seems like Hedera is partying too hard at the “Death Cross” club with its latest plunge in key metrics. 🎉

  • HBAR has graced the death cross stage on its daily chart, performing a dance nobody asked for.
  • The total value locked in Hedera has taken a nosedive recently, reminding me of my job applications.
  • Although there’s a sudden spike in stablecoin supply, it looks like Hedera’s on standby for another crash waltz.

Once trading at $0.1767, HBAR has managed to jump by over 77% from its saddest point this year. And yet, I can’t help but wonder if that’s like finally eating a sandwich after a week of leftovers-momentarily satisfying but not quite a gourmet meal.

Hedera’s DeFi Ecosystem: Only the Lonely?

The HBAR price seems to be auditioning for a role in a new horror flick about the struggles of being overlooked. Meanwhile, the total value locked in its DeFi ecosystem keeps dropping like my insert career ambition from adolescence here-redirect your pity to someone else, please.

According to DeFi Llama, the total value locked in Hedera has plummeted to a meager $179 million. That’s like going to a party where everyone’s wearing your eyes but you discovered it’s a costume gala. To make matters worse, the top liquid staking network on Hedera, Stader, has shrunk to $77 million-

Likewise, SaucerSwap and Bonzo Finance’s assets followed suit, unexpectedly losing 13% and 20%, reminiscent of a poorly planned diet detox. It’s as though Hedera Hashgraph has RSVP’d to the wrong party, failing to charm top developers like Aave, Uniswap, and PancakeSwap. Newcomers Jupiter Lend, Unichain, and Plasma meanwhile, have secured first draft picks at the talent show.

On a somewhat positive note, Hedera’s stablecoin supply took a 94% leap in the past week, reaching $170 million-a number that briefly makes you hopeful. However, it’s all very “here today, gone tomorrow,” similar to my kitchen leftovers.

Last time, stablecoin supply magically ballooned from $69 million to $164 million, only to shrink back to $69 million two days later. It’s as inconsistent as a political promise! 🤷‍♀️

HBAR Price Technical Analysis: Watch the Drama Unfold

HBAR price chart

On the technical side, the daily chart illustrates HBAR’s latest pirouette from a high of $0.3052 in July to $0.1780. It’s like a magician whose rabbit doesn’t come out of the hat… again. The True Strength Index has been on a downward slide, akin to watching one’s enthusiasm for lectures.

HBAR scores a grim accolade in forming a death cross, with the 50-day moving average gallantly surrendering to the 200-day EMA. Accompanied by a bearish pennant formation, it’s like hedging bets on a sour lemons recipe that ends up tasting like lemons. It may very well descend to the psychological abyss of $0.15. Let’s all wait for the other shoe-or in this case, the bear trap-to drop.

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2025-10-26 17:12