HBAR Surges Past $0.2481 on Robinhood Listing, Cold Wallet Attracts $5.5M With Cashback Model

HBAR climbed to $0.2481 following its listing on Robinhood, marking a significant upward move after previously dropping to $0.233. The surge in price and visibility was driven by the platform’s access to over 20 million U.S. retail users. The token now trades above both its 50-day and 200-day moving averages, signaling a potential shift in momentum. A recent testnet update, version 0.64, has also improved network performance, reinforcing confidence among developers and users. Analysts have noted growing interest from firms like Grayscale and Canary Capital in HBAR-based ETFs, which could increase the chances of regulatory approval [1].

Polkadot (DOT) remains confined within a narrow trading range, hovering near key support levels between $3.87 and $3.93. Over the past 24 hours, the token has oscillated between $3.87 and $4.11 but has failed to break above resistance. Institutional activity has been evident around the support zone, with volume spikes indicating active buying. The recent 3% decline in the CoinDesk 20 index has added pressure to the broader market, pushing DOT to its latest level of $3.94. A bounce from the $3.92 level suggests a potential short-term recovery, while a close above $3.94 could confirm a shift in direction. Traders are watching $4.11 as the next key resistance level [1].

Amid the price fluctuations of HBAR and DOT, Cold Wallet ($CWT) has emerged as a distinct alternative by focusing on reducing user transaction costs. The wallet operates a cashback system that returns a portion of gas and swap fees directly to users. This includes up to 100% gas refunds for high-tier users, without requiring them to lock tokens or sign up for additional services. Every transaction—whether sending crypto, bridging assets, or making a swap—generates rewards based on activity levels. The system is already live, and Cold Wallet has raised $5.5 million through its crypto presale, reflecting strong community backing [1].

Cold Wallet’s approach differentiates it from projects that focus solely on price movements. Instead of waiting for market cycles or network upgrades, users see immediate value through its cashback model. The wallet’s functionality creates a self-sustaining cycle: the more users transact, the more rewards they accumulate, effectively cutting down on overall costs. In a space often characterized by high fees and speculative hype, Cold Wallet positions itself as a practical solution that aligns with everyday user needs [1].

HBAR’s recent performance highlights the potential for utility-driven growth, especially with expanded retail access and improving network infrastructure. Meanwhile, DOT’s tight consolidation suggests market participants are testing key psychological levels before the next directional move. Cold Wallet, on the other hand, is not just participating in the crypto conversation—it is reshaping it by offering tangible benefits to users. As crypto ecosystems continue to evolve, the interplay between price action and utility could redefine how value is perceived and created.

Sources:

[1] HBAR Breaks $0.2481, DOT Holds $3.87, While Cold Wallet Is in Spotlight as It Offers Instant Cashback! (https://coinmarketcap.com/community/articles/689137b1d81833061c47eba3/)