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Are hardware wallets still necessary?

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Back when exchanges were less secure, hardware wallets like Ledger and Trezor felt essential. But now, some people say they just leave small amounts on exchanges and only secure big holdings. Do you still use hardware wallets in 2025? Or do you think hot wallets and exchanges are secure enough now?
 
i think that hardware wallets is still very important because hackers are bot relenting. They are still in business. One thing I realised i that no business or exchange is so solod that it can't be hacked! We are loving in world of uncertainty!
 
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