Solana News Today: Cold Wallet Presale Hits $6.3M As Solana Surges Past $195 And SUI Gains Institutional Backing

The cryptocurrency market in 2025 is being driven by three core themes—speed, infrastructure, and innovation—according to recent developments involving Solana, SUI, and Cold Wallet. Solana (SOL) has recently broken above the $195 resistance level, with bulls eyeing a $237 target as a potential next milestone. A close above $200 could confirm the strength of this rally, though a pullback below $190 might trigger short-term retracements [1]. The price movement reflects sustained retail and institutional interest, with Solana continuing to establish itself as a leading layer-1 blockchain for scalability and performance [2].

On the institutional front, the SUI blockchain is attracting attention through the launch of two new single-asset trusts by Grayscale: DeepBook (DEEP) and Walrus (WAL). These trusts provide accredited investors with direct exposure to Sui’s infrastructure without the need to purchase its base token. DeepBook offers decentralized liquidity solutions, while Walrus supports on-chain data storage with scalability and privacy. Following the announcement, DEEP and WAL experienced price increases of 12% and 7%, respectively, indicating growing interest in the Sui ecosystem [3].

However, the most notable trend is the rapid rise of Cold Wallet (CWT). Unlike traditional wallets, Cold Wallet is redefining the user experience by converting transaction fees into token rewards, effectively turning a cost center into an earning mechanism. The project has already raised over $6.3 million in its presale, with more than 740 million tokens sold across 17 stages. Stage 17 is currently priced at $0.00998, while the confirmed listing price is set at $0.3517, offering early investors a potential 3,400% return on investment [4].

The Plus Wallet acquisition has further accelerated adoption by bringing 2 million existing users into the Cold Wallet ecosystem. A live referral program, which pays out instant USDT rewards, is also boosting user engagement. By incentivizing activity and reducing costs, Cold Wallet is creating a self-sustaining growth model based on real-world utility rather than speculative hype [5].

While Solana’s performance and SUI’s institutional backing are significant, Cold Wallet’s approach is distinctive in its focus on user economics. By aligning wallet usage with financial incentives, it is building a habit-driven ecosystem where value is generated through everyday transactions. This model not only improves user retention but also creates a compelling proposition for investors seeking long-term value.

The speed of Cold Wallet’s presale and the clarity of its economic model suggest a product-market fit that could challenge existing wallet platforms. With a confirmed listing price and a growing user base, Cold Wallet is positioned to leverage both network effects and tokenomics to drive adoption. This positions it as a key contender among bullish crypto projects in 2025, offering both infrastructure innovation and immediate user value [6].

Cold Wallet’s presale continues to gain momentum, with a structured price increase across stages and a clear roadmap for future listings. As the project moves closer to its official token launch, the growing liquidity and referral incentives are expected to further accelerate its user base and market visibility [7].

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[1] title: Cold Wallet Goes Viral As Presale Crosses $6.3M Milestone Fast While Solana Clears $195 & SUI Attracts Institutional Trusts (url: https://cryptofrontnews.com/cold-wallet-goes-viral-as-presale-crosses-6-3m-milestone-fast-while-solana-clears-195-sui-attracts-institutional-trusts/)