HBAR Spikes 22% on Nvidia Collaboration: A Step Forward in the AI–Blockchain Race?

Hedera’s HBAR token saw a 22% surge on April 8, as the market reacted positively to news of a partnership between Hedera and Nvidia to enhance transparency and data verification in artificial intelligence (AI) systems.

Nvidia and Hedera: Bringing AI and Blockchain Together
Investor interest exploded after Anthony Rong, Nvidia’s Regional Vice President of Engineering, shared on LinkedIn about the two companies’ collaboration initiative. According to Rong, Hedera – which boasts a fast, secure, and energy-efficient public ledger – is being integrated to verify AI-generated data in real time.

The goal is to increase the trust and traceability of AI data, especially in sensitive areas such as healthcare, finance, supply chains, and autonomous vehicles, where data accuracy is vital.

In addition, Hedera's energy-saving mechanism is also in line with Nvidia's green and high-performance technology strategy.

Market Reacts Positively
Immediately after this news, HBAR's price jumped to an intraday high of $0.158, pushing Hedera's market capitalization past $6.6 billion. Daily trading volume also increased by more than 53%, reaching $551 million.

Not only HBAR, other AI and blockchain tokens such as Bittensor (TAO), Render (RNDR), Grass (GRASS), and Beldex (BDX) also recorded increases of 11% to 17%.

Bouncing Back from the Agriculture Sector
At the same time, The Hashgraph Group, a key supporter of the Hedera ecosystem, also announced a strategic investment in AgNext Technologies, an Indian agricultural technology company. This will expand Hedera’s application in the smart food supply chain, combining AI and blockchain to improve traceability and transparency.

Technical Analysis: More Profits Ahead?

On the 1-day chart (USDT), HBAR is testing the upper resistance of a falling wedge pattern, a pattern that often signals a breakout if broken.

However, technical indicators are still showing mixed signals:

Elder-Ray Index (BBP) has remained below the zero line since March 2, reflecting the presence of selling pressure.

Aroon Down is at 92.86%, while Aroon Up is at 0%, indicating that sellers are in control of the market.

However, some analysts remain bullish. Analyst Sunovam points out that HBAR’s previous bull cycles have typically followed the pattern: parabolic rise → 60–65% correction → accumulation → sharp bounce.

Currently, HBAR has fallen more than 58% from its recent peak and is approaching its historical support zone, between $0.14 and $0.15 – a key level that needs to hold if the uptrend is to be confirmed.

If the resistance levels of $0.20 and then $0.25 are broken, HBAR’s bullish momentum could be confirmed and a new bull cycle could begin.

Key Factor: Crypto Market Health
However, HBAR’s future direction will still largely depend on the overall crypto market, especially the performance of Bitcoin (BTC). If BTC continues to hold steady or recover strongly, it could give momentum to altcoins, including HBAR and AI tokens, to break out as well.