HBAR Jumps 4.7% After Grayscale Adds It to Smart Contract Fund

Hedera Hashgraph’s native cryptocurrency, HBAR, recorded a notable 4.7% price surge after Grayscale Investments revealed it had added the token to its Smart Contract Platform Fund (GSC Fund). This decision involved replacing Polkadot (DOT), significantly boosting HBAR’s market visibility and fueling a renewed wave of optimism among investors.

Grayscale Rebalances Fund, HBAR Gets a Spot

Grayscale’s latest portfolio update revealed a rebalancing of assets within the GSC Fund. The firm disclosed that it had sold its Polkadot holdings and proportionally adjusted other assets within the fund to include HBAR. Following this move, HBAR now represents 5.80% of the total fund allocation.

In the updated portfolio, Ethereum (ETH) and Solana (SOL) remain dominant. ETH holds a 30.22% weight, while SOL accounts for 29.87%. Despite these two taking the lion’s share, HBAR’s inclusion signals a growing belief in Hedera’s potential within the smart contract ecosystem.

HBAR Gains Momentum After Two-Month Downtrend

HBAR’s price action had recently been under pressure, with the token experiencing a prolonged two-month downtrend. However, its addition to Grayscale’s fund has provided a strong reversal signal. According to BeInCrypto, HBAR has gained 10.7% over the past week, and the recent 4.7% daily increase pushed the token to $0.16 at the time of writing.

This upward move not only reverses the recent bearish trend but also reflects how institutional endorsements can reshape short-term sentiment for altcoins. The inclusion in a high-profile fund like Grayscale’s provides both credibility and exposure—two critical elements for asset growth.

HBAR Becomes Most Visited RWA Crypto on CoinMarketCap

In addition to price momentum, HBAR has gained considerable attention online. Data from CoinMarketCap shows that HBAR is currently the most visited real-world asset (RWA) crypto on the platform. This spike in interest is further confirmed by Google Trends, which shows that search interest for “HBAR” hit a peak score of 100—a significant indicator of surging retail curiosity.

This online activity suggests that not only institutional players but also retail investors are taking a closer look at HBAR as a viable investment opportunity.

Accessibility Boosts With Metal Pay and Kraken Listings

Beyond fund inclusion, HBAR’s accessibility is expanding, adding to its appeal. Metal Pay recently revealed that the token is now available on its platform, allowing users to buy, sell, and trade HBAR. This integration opens the door for increased user engagement and ease of access, especially for users looking for regulated crypto platforms.

In a further development, HBAR is set to start on Kraken Exchange on July 10, one of the world’s top crypto exchanges. Kraken’s listing will likely increase both trading volume and liquidity, giving the token more room to grow and attracting a wider pool of potential investors.

Industry Voices Support HBAR’s Growth Potential

HBAR’s recent momentum has also attracted endorsements from high-profile figures in the investment world. Kevin O’Leary, known for his role on Shark Tank and active participation in crypto investments, expressed confidence in HBAR’s long-term potential.

“I think HBAR is going to be big, I really do,” said O’Leary in a recent interview, confirming that he personally holds the asset.

Such endorsements often help shift public perception, especially among retail investors who look to institutional players and celebrities for guidance in the rapidly evolving digital asset space.

A Promising Outlook, But Market Remains Volatile

While HBAR’s inclusion in Grayscale’s Smart Contract Fund has clearly been a bullish catalyst, investors should remain cautious. The crypto market remains highly volatile, and sudden price swings can occur despite strong fundamentals and institutional support.

Still, the current momentum, combined with upcoming exchange listings and rising visibility, provides a solid foundation for HBAR’s growth. Its increasing role in the smart contract and RWA sectors also positions it well in the ongoing evolution of blockchain technology.

Conclusion: A Turning Point for HBAR

The past 24 hours may mark a turning point for HBAR, with Grayscale’s endorsement acting as a catalyst for price recovery and investor interest. With additional exchange listings and rising on-chain and social activity, the token appears to be entering a new phase of growth.

However, sustained upward movement will depend on broader market conditions, continued development within the Hedera ecosystem, and investor sentiment in the coming weeks.

If current trends hold, HBAR could solidify itself as a key player in the smart contract space, standing shoulder-to-shoulder with better-known assets like Ethereum and Solana.