Polkadot News Today: Hedera Skyrockets 6.5% After Robinhood Listing, Cold Wallet Stuns with 100% Gas Cashback
The cryptocurrency market is buzzing with excitement as Polkadot news today highlights three major developments: Hedera’s impressive surge post-Robinhood listing, Polkadot’s steady trading range, and Cold Wallet’s revolutionary 100% gas cashback model. These updates showcase the dynamic nature of the crypto space, offering both investors and users tangible benefits.
Hedera Surges 6.5% After Robinhood Listing
Hedera (HBAR) has seen a significant price increase of 6.5%, reaching $0.2481 following its listing on Robinhood. This move grants access to over 20 million U.S. users, boosting demand from both retail and institutional investors. Key highlights include:
- Price rebound from $0.233 to $0.2481
- Trading above 50-day and 200-day moving averages
- Testnet upgrade to version 0.64 improving network stability
- Growing interest from firms like Grayscale and Canary Capital
Polkadot Maintains Narrow Trading Range
While Hedera makes waves, Polkadot (DOT) continues to trade within a tight range of $3.87 to $4.11. Institutional buyers have shown defensive behavior at key support levels, particularly during high-volume periods. A potential rebound above $3.94 could signal a short-term reversal, but sustained movement beyond $4.11 is needed for a stronger upward trend.
Cold Wallet Rewards Users with 100% Gas Cashback
In a market often driven by speculation, Cold Wallet stands out with its practical utility. The platform offers:
- 100% gas fee cashback on every transaction
- No additional steps required for rewards
- Immediate financial benefits for active users
- A sustainable loop of activity and reward
This innovative approach directly addresses one of crypto’s biggest pain points: transaction costs. While other projects focus on ecosystem expansion, Cold Wallet puts real value back into users’ hands.
FAQs
What caused Hedera’s price surge?
Hedera’s 6.5% surge was primarily driven by its listing on Robinhood, which significantly increased accessibility to U.S. investors.
Is Polkadot expected to break its current trading range?
Analysts suggest that sustained movement beyond $4.11 would be needed to confirm a stronger upward trend for Polkadot.
How does Cold Wallet’s gas cashback work?
Cold Wallet automatically returns 100% of gas and swap fees to users with every transaction, requiring no additional steps.
Are there any risks associated with these developments?
As with all cryptocurrency investments, price volatility remains a risk. However, Cold Wallet’s cashback model offers more predictable benefits for active users.
