Bitcoin News Today: Cold Wallet CWT Presale Surpasses $5.7M as ADA and SEI Remain in Focus

The cryptocurrency market continues to see contrasting movements across major and emerging projects. While Cardano (ADA) and Sei (SEI) remain under investor scrutiny, Cold Wallet’s $CWT token is drawing attention with a fast-growing presale that has already surpassed $5.7 million.

Cardano’s price trajectory has gained renewed interest following comments from founder Charles Hoskinson, who suggested that ADA could eventually reach $800. His reasoning centers on Cardano’s potential role as a decentralized finance (DeFi) layer for Bitcoin, which could significantly expand the token’s utility and adoption [1]. Hoskinson described ADA as a complementary asset to Bitcoin, with Cardano providing infrastructure and functionality where Bitcoin stores value [2]. While these statements are forward-looking and speculative, they have rekindled optimism among long-term ADA holders [3].

Meanwhile, SEI’s price has dipped from a recent high of $0.385 to around $0.33, sparking uncertainty among traders [4]. The decline follows a 105% surge in a short span, raising concerns that the market may be correcting. Traders are divided on whether this represents a buying opportunity or the start of a deeper decline [5]. With its high throughput of over 10,000 transactions per second, SEI remains a key player in DeFi, gaming, and trading, supported by the Cosmos network [6]. However, without a clear reversal, the token’s near-term performance remains in question.

In contrast, Cold Wallet’s $CWT token is showing rapid momentum. The presale has sold over 683 million tokens, with the price currently at $0.00942 and the next tier set at $0.0096 [7]. The token’s utility is tied to real-world benefits, including reduced gas fees, referral bonuses, and cashback rewards, making it an attractive option for early adopters [8]. Large buyers are already entering the market, pushing the price upward with each new funding round [9]. Analysts and participants alike are highlighting the limited time window for investors to purchase at a lower price point before the token’s full launch.

Cold Wallet’s growth is outpacing many of its peers. While ADA and SEI remain in the spotlight, the speed and scale of the $CWT presale are generating a different kind of momentum. For investors seeking exposure to 2025’s top crypto projects, the combination of practical use cases and growing demand is positioning Cold Wallet as a standout performer [10].

The market’s attention is now divided between speculative long-term forecasts and immediate, data-driven movements. ADA’s $800 projection is ambitious and not guaranteed, while SEI’s pullback requires caution. Meanwhile, Cold Wallet’s tangible progress is creating a compelling narrative that resonates with both early investors and casual observers.

Source: [1]Cardano Forecast Draws Eyes with Big DeFi Ambition...(https://coinmarketcap.com/community/articles/68934b89f7fda44c0c666111/)