Hedera Hashgraph’s HBAR token slipped nearly 3% in the 24 hours through September 30, falling from $0.22 to $0.21 as institutional investors pared back exposure to enterprise-focused cryptocurrencies. The decline came after HBAR met resistance at the $0.22 level during evening trading on September 29, with volumes climbing above 34 million tokens as corporate holders began to take profits.
Market participants said support around the $0.21 threshold initially held through the morning of September 30, but heavy selling in the afternoon pushed volumes sharply higher, peaking at nearly 55 million tokens in the final hour of trading. Analysts suggested that the move reflected growing caution among corporate treasuries in the wake of evolving regulatory frameworks for enterprise blockchain adoption.
By late afternoon on September 30, HBAR briefly recovered before slipping again to intraday lows around $0.21. Elevated trading activity during the final hour—topping 5.9 million tokens in a single interval—highlighted the intensity of institutional rebalancing. The token ended the session with modest stabilization near $0.21, but market watchers warned continued volatility may persist as corporate strategies adapt to shifting regulatory headwinds.

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