Cold Wallet's $5.8M Surge Outpaces TRON's $1B Gains as Cardano Dips 2%

Cold Wallet has raised over $5.8 million during its presale in just a few weeks, surpassing TRON’s recent $1 billion in gains and drawing attention for its innovative approach to crypto utility [1]. Unlike many projects that rely on speculative hype, Cold Wallet (CWT) is gaining traction through real-world use cases. It offers cashback rewards on swaps, bridges, and gas fees, effectively turning the wallet into a revenue-generating tool for users. This model is projected to position Cold Wallet as one of the top cryptocurrencies by 2025 [1].

TRON (TRX) has shown strong profit-taking activity, with daily realized profits exceeding $1 billion for multiple days. According to Glassnode data, TRON’s gains are double those of Bitcoin and four times Ethereum’s [1]. The SOPR (Spent Output Profit Ratio) indicator currently sits at 1.04, indicating that holders are largely selling for profit. TRON’s low losses—just $31,600—further suggest that sellers are securing substantial gains without incurring significant downside risk [1].

In contrast, Cardano (ADA) has seen a 2% decline despite the approval of a $71 million treasury vote aimed at funding key upgrades, including node redesign and cross-chain features. The vote passed with 74% community support, signaling strong governance alignment. However, whale activity has been bearish, with large holders steadily selling ADA since July 24. Transaction volume has also dropped from $1.69 billion to $744 million, indicating weak short-term demand despite robust long-term development plans [1].

Cold Wallet’s presale is currently in Stage 17, with a token price of $0.00998 and a projected listing price of $0.3517. This implies a potential return of approximately 3,700% for early investors. Over 643.72 million tokens have been sold so far, contributing to the $5.8 million in funds raised. The wallet’s tiered cashback rewards system offers users up to 100% cashback on gas fees and 50% on other transactions, depending on the amount of $CWT held. These rewards are designed to scale as the user base grows, with automatic halving mechanisms ensuring long-term sustainability [1].

What sets Cold Wallet apart from traditional wallets is its integration of immediate financial incentives into everyday crypto usage. Users do not need to stake or lock funds to benefit from the rewards, making it accessible and user-friendly. The project’s utility-focused design and strong ROI potential have resonated with investors, resulting in rapid adoption and significant capital inflow [1].

The broader market remains in a cautious yet optimistic state, with Cold Wallet’s success signaling a shift in investor preference toward projects with tangible utility and clear economic models. While TRON continues to deliver strong returns, and Cardano struggles with near-term price pressure, Cold Wallet is emerging as a standout performer. As the market continues to evolve, these contrasting performances highlight the ongoing reallocation of capital and the growing demand for innovation in the crypto space [1].

Source:

[1] Cold Wallet’s $5.8M Surge Surpasses TRON’s $1B Gains While Cardano Slips 2%; What’s Next for Crypto?

https://coindoo.com/cold-wallets-5-8m-surge-surpasses-trons-1b-gains-while-cardano-slips-2-whats-next-for-crypto/