Solana News Today: Solana Eyes $300 Target as Hyperliquid Surpasses $6B AUM and Cold Wallet Raises $6.3M in Presale

The crypto market continues to show signs of renewed momentum, with several key projects gaining traction in both liquidity and user engagement. Solana (SOL), Hyperliquid, and Cold Wallet are three standout names currently capturing attention for different reasons.

Hyperliquid has surged past $6 billion in assets under management (AUM), solidifying its position as one of the most-watched platforms in the crypto space [1]. Alongside this growth, the platform has recorded a single-day deposit of $395 million and a total value locked of $5.7 billion in USDC collateral, reflecting strong user trust and liquidity inflows [1]. The native token, HYPE, has also seen a notable rise, reaching a three-month high of $48.82 before consolidating near $46 [1]. Whale activity further supports the bullish sentiment, with more long positions than short ones among large holders [1].

Meanwhile, Solana is drawing increasing institutional interest as it moves closer to a technical $300 target. The network recently completed a classic cup-and-handle pattern after crossing $207 with a 5% daily gain [1]. Institutional adoption is also gaining ground, with CMB International tokenizing its Hong Kong–Singapore fund on the Solana blockchain [1]. This move, combined with rising trading volume and declining exchange supply, signals a strong institutional demand that could drive further price appreciation [1].

Cold Wallet ($CWT) is taking a different approach by delivering immediate utility and value to users. With a presale that has already raised over $6.3 million, the project is advancing to stage 17, with tokens priced at $0.00998 each [1]. The wallet is fully operational and already rewarding users with cashback on transactions, whether in USDT or $CWT, without lockups or vesting periods [1]. Its confirmed launch price of $0.3517 suggests significant upside potential for early buyers [1]. The project’s tiered presale structure is also creating urgency, as the token price approaches its launch valuation [1].

Cold Wallet stands out in a market where most projects are still in the promise phase. Its live cashback system, real-world utility, and organic adoption are setting it apart from speculative launches [1]. With a functioning referral system and a revenue model that sustains value, it is offering a blend of immediate returns and long-term potential [1].

Taken together, these three projects reflect different facets of the current crypto landscape—Hyperliquid and Solana are riding strong technical setups and growing institutional interest, while Cold Wallet is delivering early-stage utility and tangible value to users. For investors seeking both momentum and fundamentals, these projects offer compelling opportunities as the market continues to evolve.

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[1] Solana Eyes $300, Hyperliquid Hits $6B, Cold Wallet Raises $6.3M - [https://coinmarketcap.com/community/articles/68a502f15db3f20bac560156/](https://coinmarketcap.com/community/articles/68a502f15db3f20bac560156/)