Huge Hedera HBAR News | Price Chart, Ecosystem Expansion & More!

Market Analysis & Investment Strategy - The market has been in a downtrend with Bitcoin chopping since early August, presenting opportunities in oversold altcoins [1][2] - An upcoming FOMC meeting with potential rate cuts is anticipated to cause a market bounce [2] - The analyst suggests that averaging into HBAR around $0.19 to $0.20 could be a safe spot, considering it's down approximately 16% in the last month [4] - A potential bounce is expected around the May highs, with a possible retest of $0.205 on the weekly chart [4][5][6] - The analyst anticipates a potential move back to $0.35-$0.39, retesting highs from January, with a longer-term view towards new all-time highs [7] HBAR & Hedera Ecosystem Updates - HBAR is considered a top-tier project to invest in during market lows, noting its recent trending status [11][12] - Robinhood listed HBAR on its platform, gaining significant attention from its 1.2 million followers [12] - The SEC delayed the decision on the Canary Hedera HBAR Spot ETF, with a final deadline on November 11th, but analysts still estimate a 90% chance of approval this year [13][14] - Hedera will be at SIBOS from September 29th to October 2nd, discussing stablecoins, CBDCs, AI, and tokenization [15] - Thrive Protocol announced four new Hedera projects approved for milestone-based funding, showcasing consumer web3 applications [18] - Hedera's ecosystem is experiencing increased adoption, potentially leading to higher demand for HBAR [36] Thrive Protocol Projects - Grow Fitter, an AI-powered health rewards platform with 100 million+ users across the US and UK, is integrating with Hedera to issue dynamic utility-driven NFTs [21][22][23] - Damon's is creating an AI-enabled web3 game on Hedera, featuring personalized digital companions that evolve based on on-chain activity [24][25] - Divey Bet is building a fully on-chain sports book on Hedera, aiming to provide a permissionless and trustless betting experience [27][28][29] - Chain Patrol is providing a real-time web3 security platform to protect the Hedera ecosystem from on-chain threats [32][33][34]