Hedera (HBAR) experienced a significant price surge, reaching $0.2481 following its listing on the popular trading platform Robinhood. The listing broadens HBAR access to Robinhood’s extensive user base of over 20 million investors and coincides with the cryptocurrency pushing above key technical moving averages. Network developments, including the testnet release of version 0.64, alongside significant holdings in ETFs managed by firms like Grayscale and Canary Capital, bolster its momentum.
Polkadot (DOT) demonstrated resilience against market volatility, trading within a tight range between $3.87 and $3.93. Institutional buyers were observed accumulating near the robust support level at $3.87, signaling confidence in DOT’s medium-term prospects. Market analysts note that a decisive close above $3.94 could potentially signal a bullish short-term reversal, making this level a key watchpoint for traders seeking sustained upward momentum.
Cold Wallet ($CWT), a token aiming to facilitate payments, successfully raised over $5.6 million during its presale which concluded after distributing 4 billion tokens across 150 stages. A key feature promoted by Cold Wallet is its ‘no-fee cashback’ reward system, designed to offer users instant cashback on transactions.