HBAR Surges 6.4% on Robinhood Listing Amid ETF Optimism and Network Upgrade

HBAR experienced a notable price increase to $0.2481 following its listing on Robinhood, a move that grants access to over 20 million U.S. users. This surge came after the cryptocurrency had previously traded at $0.233, and now it sits above both the 50-day and 200-day moving averages. A recent testnet upgrade to version 0.64 improved the network's reliability, which analysts believe is bolstering confidence among developers and users. Additionally, the growing interest in ETFs from companies such as Grayscale and Canary Capital is fueling optimism, with analysts forecasting a strong likelihood of approval for such products [1].

Meanwhile, Polkadot (DOT) remains in a tight trading range between $3.87 and $3.93, showing consistent support at the lower end of this range. Despite broader market fluctuations, including a recent 3% decline in the CoinDesk 20 index, DOT has seen steady institutional buying near support levels. The coin has failed to break past the $4.11 resistance multiple times in the past 24 hours but has recently shown signs of a potential upward shift. A closing price above $3.94 could signal a short-term reversal, and a break through $4.11 might indicate a more significant bullish movement [1].

Unlike the price-driven dynamics of HBAR and DOT, Cold Wallet (CWT) is introducing a novel approach by offering instant cashback on transaction fees. The platform refunds up to 100% of gas and swap fees, providing real-time benefits without the need for staking or waiting. This feature differentiates it from other crypto wallets that focus on speculative gains. The CWT presale is currently in its 16th stage, having raised over $5.6 million so far. With a total of 4 billion tokens available across 150 stages, early buyers are securing tokens at the lowest price points. These tokens are essential for powering the platform’s cashback feature, ensuring active users benefit from every transaction [1].

Cold Wallet’s approach emphasizes user utility over market speculation. It is particularly beneficial for both new and experienced crypto users, as it reduces transaction costs and enhances the overall user experience. The platform is built on the principle that usage should directly translate into rewards, a model that stands in contrast to the volatility and unpredictability often seen in traditional crypto price actions. This model is attracting attention as a practical solution in an industry often dominated by hype and uncertainty [1].

HBAR’s recent surge and DOT’s stable price movements highlight the ongoing volatility in the crypto market. However, Cold Wallet’s focus on delivering immediate financial benefits to users sets it apart. As the crypto space continues to evolve, platforms that prioritize user value may gain a stronger foothold in the market. With increasing adoption and tangible benefits, Cold Wallet is positioning itself as a compelling option for investors and users seeking practical solutions in 2025 [1].

Source: [1] Hedera Price Surge, DOT Price Action, & Cold Wallet’s No-Fee Cashback Utility (https://coinmarketcap.com/community/articles/68912e811137bf3ffd758e76/)