HBAR Price Rises 2.4% As Axelar Integration Boosts DeFi Ecosystem - Technical Analysis

The HBAR cryptocurrency has demonstrated positive momentum with a 2.4% price increase from a major support level, driven by the recent Axelar network integration. This strategic partnership is significantly enhancing decentralized finance (DeFi) activity within the Hedera ecosystem, attracting increased trading volume and developer interest. Technical indicators suggest the token found solid footing at key support zones, potentially signaling the beginning of an upward trend as institutional and retail investors show renewed confidence in HBAR's DeFi capabilities following the Axelar implementation.