Solana News Today: Cold Wallet Drives Growth with Referral Rewards Solana Targets $457 as Chainlink Gains Momentum

Cold Wallet’s community-driven growth model is attracting attention as it rewards users in USDT and $CWT for referrals and active participation. Unlike traditional marketing strategies, the project channels value back into the community by incentivizing onboarding. For instance, when a referred user swaps assets in the live app, the referrer earns USDT, and during the presale phase, both referrer and referee receive CWT bonuses from a separate pool, preserving tokenomics [1]. The referral system operates on a vesting schedule aligned with token purchases, ensuring fairness and long-term sustainability [1].

The project has already raised $6.3 million in its presale, with the current stage at $0.00998 per CWT token and a confirmed launch price of $0.3517, offering early participants a potential 35-fold return [1]. This model is distinct in that it transforms onboarding into a shared-value creation process, where users aren’t required to buy first but instead begin with rewards. This strategy is proving to be a sustainable growth engine rather than a one-time marketing tactic [1].

Meanwhile, Solana is seeing renewed interest as it reclaims the $200 price level. Network metrics reflect strong adoption, with decentralized exchange (DEX) volumes reaching $3.46 billion, total value locked (TVL) at $13.35 billion, and nearly 3 million active wallets [1]. Analysts highlight a potential bullish divergence forming if Solana breaks above $233, which could drive the price toward $457.97—an approximate 93% gain from current levels [1]. Institutional interest is also growing, with recent ETF filings by Invesco Galaxy and VanEck signaling potential regulatory approval and broader market access [1].

Chainlink continues to show resilience as it holds above $24. The token’s momentum is supported by real-world adoption, including integrations with asset tokenization and DeFi projects, as well as sustained whale accumulation and staking participation [1]. The project’s community is also playing a key role in its growth, with grassroots engagement and educational initiatives reinforcing its utility-driven narrative [1]. Analysts see this as a sign that growth is being driven by fundamentals rather than speculative trading alone [1].

Cold Wallet’s approach stands out by turning user participation into a direct value creator, contrasting with the speculative nature of many crypto projects. Solana and Chainlink, on the other hand, are demonstrating how real-world utility and strong fundamentals can sustain price momentum. Collectively, these developments highlight a trend in the crypto market where growth is increasingly tied to community engagement and tangible use cases rather than hype alone [1].

Source: [1] Cold Wallet Pays in USDT as Solana Targets $457 and Chainlink Strengthens Above $24 (https://coinmarketcap.com/community/articles/68a68cd52545a531d3898a66/)