💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Hedera Price Analysis: HBAR Surges as Gate Integrates Pool Token Functionality
SourceGateBlog
22 Oct 2025 01:15
The Hedera (HBAR) token is trading at approximately $0.234 as of Thursday, following a breakthrough above the descending wedge pattern observed in the previous session. This breakout favors bullish sentiment and coincides with Gate’s Wednesday announcement of its Pool Token feature launch, introducing multi-asset portfolios to Hedera’s ecosystem. Meanwhile, technical analysis points to a potential rally in the coming days, with bulls setting their sights on the $0.305 threshold.
Gate’s Pool Token Launch on Hedera: Blending Premium Money Market Funds
Gate, a prominent digital asset platform with a global presence, revealed on Wednesday the introduction of its Pool Token functionality leveraging the Hedera network. This development enables a novel on-chain capability, allowing for the creation of portfolios, baskets, or funds as single, transferable tokens.
The Pool Token accommodates a wide array of underlying assets, including equities, debt instruments, funds, and cryptocurrencies, facilitating diverse investment strategies within a unified, transferable token structure.
A representative from Gate stated, “The inaugural Pool Token minted on Hedera will comprise equal allocations from money market funds managed by four industry-leading asset managers, effectively establishing a natively digital ‘fund of money market funds’.”
This announcement catalyzed a 2.69% increase in HBAR’s value on Wednesday. The development is considered bullish for the long term, as it enhances Hedera’s credibility among institutional investors and positions it as a pioneer in the Real World Asset (RWA) space, offering a cost-effective, high-throughput model suitable for institutional-grade tokenization.
HBAR Technical Analysis: Breakout from Descending Wedge Pattern
Hedera’s HBAR token broke above the descending wedge formation (delineated by connecting multiple highs and lows with two converging trendlines since late July) on Wednesday. This pattern breakout typically favors bullish momentum, with the token currently hovering around $0.234 as of Thursday’s writing.
Should HBAR maintain its upward trajectory, it could potentially extend its rally towards the July 27 peak of $0.305.
The daily chart’s Relative Strength Index (RSI) has climbed above its 50 midpoint, suggesting early indications of bullish momentum. Furthermore, the Moving Average Convergence Divergence (MACD) exhibited a bullish crossover on Tuesday, generating buy signals and lending additional support to the optimistic outlook.
HBAR/USDT Daily Chart
Conversely, if HBAR experiences a pullback, it might retrace towards its 200-day Exponential Moving Average (EMA) at $0.208, which roughly aligns with the descending wedge pattern’s lower trendline.
Disclaimer: This information is provided for educational purposes only. Historical performance does not guarantee future results.