Hedera HBAR Faces New Competition as Coldware’s Hardware-First PoS Model Gains Traction
Coldware is disrupting the Proof-of-Stake sector with an innovative hardware-integrated approach. Their Larna 2400 smartphone enables direct token staking and dApp access, eliminating traditional crypto infrastructure requirements. The project has secured $3.7 million in funding, demonstrating significant market interest in physical blockchain solutions.
Hedera (HBAR) continues to show technical resilience, holding above key support at $0.20 and its 50-day moving average. After breaking through short-term resistance at $0.20111, analysts identify $0.21863 as the next potential target. Coldware’s hardware-centric model introduces fresh competition for established layer-1 protocols like Hedera.