💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Jito Foundation fully staked SKR to support the development of the Solana mobile ecosystem
【Blockchain Rhythm】Solana ecosystem staking protocol Jito makes a big move. On January 22, the Jito Foundation announced that it would stake all allocations of its Solana Mobile token SKR, a move that demonstrates strong confidence in the future development of mobile technology on Solana.
The market performance of the SKR token has indeed been impressive. Since the airdrop began, this coin has experienced a rollercoaster ride—initially dropping to a market cap of $40 million, but then surging strongly, with a rise of over 10 times. As of now, SKR’s market cap has soared to $522 million, with a single token price of $0.0522.
It seems the market is still optimistic about Solana’s layout in the mobile field. Jito’s staking move is like voting with real money to support this ecosystem direction, and such signals often trigger follow-up effects.