Discover how Solana risks a 10% fall, Cardano faces 25% losses, while Cold Wallet’s $270M Plus Wallet deal and $5.9M presale target 3,423% ROI from Stage 17 at $0.00998.
Recent price action shows Solana (SOL) forming a descending triangle, hinting at a possible 10% dip if the $160 mark breaks. Cardano (ADA) faces even steeper pressure, with technical indicators pointing toward a potential 25% decline to around $0.53 as sellers tighten their grip.
While these two projects work through immediate selling challenges, Cold Wallet (CWT) is moving in the opposite direction, gaining ground before its launch. Its $270 million Plus Wallet acquisition instantly added over 2 million users to its platform. With the presale now in Stage 17 at $0.00998 per coin, there’s still room for a projected 3,423% return at launch. In today’s market, a model that turns gas fees into user rewards is catching attention.
Solana Nears Critical Support as 10% Dip Threatens
Trading below its June peak, Solana is showing signs of weakness through a descending triangle setup, a chart pattern often tied to further losses. Currently at about $163, the price is hovering just above $160, with signals leaning bearish. A drop below this level could push it toward $153. On-chain numbers reveal $18.6 million in net outflows from SOL’s spot markets, suggesting bigger players are cautious.
However, such pullbacks can become buying opportunities when momentum shifts. If inflows return, support holds, or prices climb above $166, these could be early signs of a recovery in SOL’s trend.
Cardano Faces the Risk of a 25% Price Cut
After slipping below $0.74, Cardano is showing weakness, with analysts warning of a slide toward $0.53. Exchange data points to fewer coins leaving platforms, reflecting reduced confidence among traders. Over half of active positions are short, adding more downward force.
Technical readings, including MACD and on-balance volume, are also pointing down, showing momentum is fading. While this setup supports the case for a deeper fall, it could also create a more appealing price zone for future buyers. A turn in trading volume or a rebound at a strong support point could change ADA’s short-term direction.
Cold Wallet’s $270M Plus Wallet Acquisition Resets the Web3 Wallet Market
Cold Wallet’s $270 million purchase of Plus Wallet is a planned move to speed up growth before its official rollout. This acquisition brought in more than 2 million active users instantly, something many blockchain platforms spend years chasing post-launch.
With Plus Wallet’s systems now under its control, Cold Wallet can boost its cashback rewards approach from day one. Every swap, transfer, or gas fee becomes part of a system where users earn instead of just spending, giving it an edge over options like MetaMask or Trust Wallet.
Frustration with traditional wallets’ clunky designs is increasing, and Cold Wallet is aiming to be the easier, more rewarding choice. With over $5.9 million raised in its presale, Stage 17 pricing set at $0.00998, and Stage 1 starting at $0.007, the best value entry points are quickly closing.
The fixed listing price of $0.3517 means those buying now could see a 3,423% gain, with earlier Stage 1 participants looking at a 4,923% projection. Over 703 million coins have already been sold, and with its large pre-launch user base, cashback-driven model, and clear utility, Cold Wallet has positioned itself strongly before market sentiment shifts.
Key Takeaways
Solana’s current setup signals near-term weakness, while Cardano is under pressure from both technical and sentiment factors. Cold Wallet, on the other hand, is building with tangible milestones: $5.9M raised, Stage 17 entry at $0.00998, a fixed listing price of $0.3517, and millions of users secured before launch.
With its focus on utility, wide adoption potential, and removal of typical wallet barriers, Cold Wallet is shaping up as one of the strongest plays in the market ahead of its launch.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
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Reporter at Coindoo
Source: https://coindoo.com/3423-roi-potential-draws-millions-to-cold-wallet-presale-sol-ada-show-weakness/