Robinhood officially listed Hedera Hashgraph (HBAR) for its U.S. customers, triggering a 13% intraday price surge from $0.22 to $0.28 before settling at $0.25. This rally elevated HBAR's market capitalization to $10.7 billion, propelling it to 16th place globally and surpassing Avalanche ($9.8B) and Litecoin ($8.5B) in rankings.
The growth defied a 3% broader crypto market decline, with HBAR recording higher transaction volumes and retail interest. Robinhood's U.S. listing follows its UK rollout in January and aligns with recent regulatory tailwinds, including the SEC dropping enforcement actions against Robinhood after pro-crypto shifts under President Trump's administration.
Analysts noted the listing—affecting Robinhood's 23 million funded accounts and 20 million monthly active users—could sustain momentum if HBAR holds above $0.245, potentially retesting $0.30. Additional support comes from prospective HBAR ETF filings by Grayscale and Canary Capital, submitted to the SEC in November.