Crypto

HBAR Rises 5.98% on the Day, Though Weekly Losses Persist

Hedera's native token posted a strong 24-hour gain on October 16, 2026, even as it remained in negative territory for the week.

By Love Wallet · October 16, 2026

HBAR Rises 5.98% on the Day, Though Weekly Losses Persist
Price
$0.0861
24h
+5.98%
1 week
-5.50%
1 month
+15.96%
Market cap
$3.74B

HBAR climbed 5.98% over the past 24 hours to reach a price of $0.08609 on October 16, 2026. The move pushed the token's market capitalization to $3.74 billion, reflecting renewed buying interest in the short term.

Despite the daily advance, HBAR remains down 5.50% over the trailing seven-day period, indicating that the session's gains have not yet fully reversed recent weekly pressure. The contrast between the daily and weekly figures suggests the token has faced meaningful selling earlier in the stretch.

Zooming out to the 30-day window tells a more constructive story. HBAR has gained 15.96% over that period, pointing to a broader recovery trend that has outpaced the near-term pullback. The daily bounce brings the token somewhat closer to recapturing ground lost during the weekly decline.

Overall, HBAR's price action on October 16, 2026, reflects a mixed technical picture — a notable single-session gain set against a backdrop of short-term weakness and a positive month-long trend.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

Track HBAR and your whole portfolio with Love Wallet.

Get started free