While other leading altcoins buckled this week, HBAR is gearing up to be March’s best performer, like Sonic was in the February altcoin report .
It has held firm against broader economic pressures—such as US President Trump’s “tariff war” and NATO tensions—maintaining a strong 25% gain for the week.
It is this resilience that is fuelling speculation that a $10 target could be within reach.
Its potential is most apparent with the breakout of a falling wedge pattern that has been forming since mid-December.
While $10 remains a distant goal, this move lays the groundwork. Much of its projected upside has played out, but the pattern still sets a target of $0.36—a potential 50% gain from current levels.
It has promising staying power, especially as technical indicators favor the bulls.
The Relative Strength Index (RSI) has reset to a neutral 52 after nearing overbought territory at 70, while the MACD line remains in an uptrend above the signal line—both signs of dominant buying pressure.
This forms a solid foundation for growth, though consolidation may be the next move with the 50SMA presenting a strong overhead barrier to the 20SMA supports rebound attempts.
If buying pressure persists into the weekend, this barrier could be broken.
Those who jumped to HBAR as an alternative Layer-1 to Solana (SOL) may need to reconsider— Solaxy ($SOLX) has solved the Solana Network’s biggest limitation: scalability.
Post-inauguration “meme coin mania” has made the Solana network a goldmine for 10-100x meme coin opportunities , but the trading volume it brings has taken a toll.
As any user would know, failed transactions are the platform’s biggest gripe. Solaxy heeds the answer to this call, all the while riding its tailwinds.
Unlike Ethereum, which boasts several Layer-2 options, Solana has long lacked this capability—until now.
By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion, lowers transaction costs, and enables seamless interoperability between blockchains.
With over $25 million raised in its ongoing presale, the project is already gaining strong momentum—potentially credited to its 162% APY on staking that rewards early investors.
You can keep up with Solaxy on X and Telegram , or join the presale on the Solaxy website .