💥 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
Bifrost Monthly Recap — January 2026
January marked a strong expansion phase for Bifrost as it continues evolving into a core liquid staking and cross-chain yield infrastructure within the Polkadot ecosystem.
🔧 Technical Progress
Runtime 23000 was deployed with major upgrades across liquid staking and cross-chain infrastructure:
Snowbridge ETH support added to vETH SLP
SLPv2 enhanced with XCM generic support and commission integration
SLPx now supports Assethub
Security upgrades for vToken rate adjustments
bbBNC permanent locking introduced
Dapp v1.10.1 added support for vETH 3.0 and vToken delegation.
Runtime 24000 (in development) will further streamline SLP, introduce cross-chain price feeds, improve security restrictions, and upgrade bbBNC mechanics and SLPx 2.0.
📊 Growth & Adoption
TVL: $44.07M
Total BNC staked: 20M+ (up 120% in two months)
vBNC TVL: $1.21M+, +37% MoM
bbBNC is now Bifrost’s core value capture mechanism:
All protocol revenue buys back BNC
90% distributed to bbBNC holders
10% burned
🌊 Ecosystem Highlights
WAVE → bbBNC conversion launched via governance
DeFi Singularity Phase 3: vDOT multichain LP can reach 25%+ APY
vDOT delegation voting enables OpenGov participation with up to 6x conviction while keeping staking rewards
🎯 Positioning
Bifrost is moving beyond liquid staking into a full cross-chain yield and governance infrastructure layer for Polkadot, with bbBNC at the center of long-term value capture.