Hedera Sets Sept. 24 v0.65 Upgrade, While HBAR Prints a Bullish Flag

Tatevik Avetisyan
By Tatevik Avetisyan 7 Min Read
Hedera Sets Sept. 24 v0.65 Upgrade, While HBAR Prints a Bullish Flag

Hedera will upgrade mainnet to v0.65 on Wednesday, September 24, 2025, starting at 17:00 UTC. The status page sets a 40-minute window and warns of limited service during the cutover.

Upgrade timing and expected impact

The maintenance window runs from 17:00 to 17:40 UTC. Hedera says users should expect some disruption while nodes restart and apply the release. The notice went live on September 17.

The network’s status feed on X mirrors the schedule. It repeats the start time and frames the event as a planned upgrade to v0.65 rather than an incident. This reinforces the official window and scope.

Hedera v0.65 Upgrade Notice. Source: Hedera Status on X
Hedera v0.65 Upgrade Notice. Source: Hedera Status on X

Third-party service dashboards have echoed the plan. For example, Zero Hash and Bitso posted parallel advisories that bracket the same hour and describe how deposits and withdrawals queue during the work. These posts support the timing and expected behavior around the upgrade.

What v0.65 changes

Release notes highlight the “Virtual Mega Map,” which targets state management and scalability. The notes also point to improvements in scheduled transactions and unified transaction records in Block Stream to aid forward-compatibility. Together, these items define the technical purpose of the release.

The update will enforce max_custom_fees as defined in HIP-991. That enforcement moves fee limits from policy to practice and sets clearer bounds for topic operators using Hedera Consensus Service. The HIP-991 background explains the monetization model that those limits touch.

Earlier this month, Hedera completed related testnet work in the same version family. The public incident history lists v0.65.x testnet entries, showing the path that typically precedes a mainnet cutover. This sequence signals readiness ahead of the production switch.

Treasury reporting refreshed this month

Hedera’s Treasury Management Report now presents data.  The page outlines classifications, allocations, and methodology under the Council’s treasury committee. It functions as the canonical reference for supply management disclosures.

The report page sits alongside the general HBAR portal, which links to the same disclosure framework. That hub also timestamps recent metric updates, helping readers align circulating and supply context with the latest reporting. This pairing improves traceability around treasury figures.

Community posts have tracked incremental refreshes across August and September. While those summaries are secondary sources, they corroborate the cadence of updates and point back to Hedera’s site for the primary materials. This adds external visibility to the reporting schedule.

Bullish flag on HBAR daily chart; a confirmed breakout implies about 110% upside to $0.45694

The TradingView chart dated September 22, 2025 shows Hedera (HBAR/USDT, Coinbase) trading near $0.21759 while price compresses inside a downward-tilting channel after a sharp July rally. The candles respect parallel bounds that slope slightly lower, and the 50-day EMA sits just above the mid-range. Volume cooled during the pullback, which fits the pattern’s setup.

Hedera HBAR Bullish Flag. Source: TradingView
Hedera HBAR Bullish Flag. Source: TradingView

A bullish flag is a continuation pattern where price pauses and drifts lower in a tight channel after a strong advance, then typically resumes higher once it breaks above the flag’s upper trendline. Here, the prior impulse leg from mid-July serves as the flagpole, while the August–September channel forms the flag.

Therefore, if HBAR confirms the pattern with a decisive daily close above the flag’s resistance and rising volume, the measured move projects roughly 110% above the current price, pointing to about $0.45694. Until that breakout prints, the setup remains unconfirmed and price can continue to travel inside the channel.

RSI momentum turns weak on daily timeframe

The Relative Strength Index (14) chart dated September 22, 2025  shows HBAR’s RSI at 39.11, with its signal line near 52.67. Momentum has slipped below the neutral 50 level, and the RSI has also crossed under its signal line. Together, these moves indicate fading upside pressure after the summer surge.

HBAR Daily RSI Momentum. Source: TradingView
HBAR Daily RSI Momentum. Source: TradingView

Earlier in late July, the RSI briefly pushed into the overbought zone above 70, but it has trended lower since August. Moreover, each bounce stalled below prior peaks while the signal line rolled over, which underscores a steady loss of strength. The latest drop confirms sellers have the near-term initiative.

However, conditions remain short of oversold; the RSI sits well above the 30 threshold. Therefore, the setup favors continued consolidation unless the RSI quickly reclaims 50 and closes back above the signal line. If that recovery occurs, momentum would turn constructive again and could support any breakout attempts on the price chart.

MACD flips bearish near the zero line on September 22, 2025

The daily Moving Average Convergence Divergence chart dated September 22, 2025 shows the MACD line around −0.00031, the signal line near 0.00047, and the histogram close to −0.00077. In plain terms, the MACD has slipped below its signal and the histogram has turned slightly negative. Momentum therefore tilts bearish, but only modestly so because the readings cluster around the zero line.

HBAR Daily MACD Momentum. Source: TradingView
HBAR Daily MACD Momentum. Source: TradingView

Earlier in September, the MACD recovered from August lows and briefly printed green bars; however, the rebound stalled as both lines rolled over. Since then, the histogram has faded from positive to negative, which indicates waning upside follow-through. Because this flip occurs near the zero axis, the signal reflects weakness rather than a strong downtrend.

Looking ahead, the indicator will strengthen to the downside only if the negative bars expand and both lines trend lower below zero. Conversely, if price stabilizes and the MACD line quickly reclaims the signal line, momentum would return to neutral and erase the bearish read. For now, the MACD portrays softening demand after a short-lived bounce.

Tatevik Crypto Journalist CoinChapter

Tatevik Avetisyan

Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments. She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies. Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.