Cold Wallet Presale Nears Final Phase as Analysts Predict Sharp 3517% Listing Upside

Ethena (ENA) has seen a remarkable price surge, rising 150% over the past month, with a 40% gain in the last week alone [1]. The protocol’s Total Value Locked (TVL) recently surpassed $10 billion, driven by its stablecoin, USDe, which now ranks among the top three globally by market cap [1]. Analysts highlight a bullish technical indicator known as the golden cross, where the 50-day moving average crosses above the 200-day average, suggesting further upside potential [1]. Additional strength comes from consistent whale accumulation and daily $5 million buybacks, which indicate strong conviction within the Ethena ecosystem [1]. The growing on-chain activity and market momentum position ENA as a strong contender for top bullish crypto status in the near term.

Meanwhile, Pudgy Penguins’ native token, PENGU, has also gained attention as it trades around $0.0376, with a 17.5% increase in trading volume observed recently [2]. Analysts have identified a potential “flag and pole” technical formation, which may support a 100% price surge to $0.075 by mid-September [2]. Institutional interest has also risen, with Nasdaq-listed BTCS Inc. recently adding Pudgy Penguins NFTs to its corporate treasury, signaling increased recognition from traditional finance players [2]. While PENGU's trajectory remains speculative, the combination of rising on-chain momentum, growing brand visibility, and potential ETF-related speculation makes it a token worth monitoring [2].

Cold Wallet, however, is positioned as a unique opportunity due to its demand-driven model. The project has already sold 706 million tokens and has more than 2 million preloaded users through the acquisition of Plus Wallet, ensuring a live user base before launch [3]. The token is currently in Stage 17 of its presale at $0.00998, and analysts suggest that this is the final phase before demand is expected to significantly outpace supply [3]. Cold Wallet’s cashback model encourages user engagement and transaction activity, further supporting long-term network value [3]. Unlike ENA and PENGU, Cold Wallet removes much of the uncertainty typically associated with adoption, as its value proposition is built around immediate usage and growth mechanics [3]. The fixed listing price of $0.3517 contrasts sharply with the current presale price, creating a clear upside trajectory [3].

In comparing these three projects, Cold Wallet appears to offer a more direct path to growth, as it combines immediate adoption, user retention incentives, and a favorable supply-demand dynamic [3]. Ethena’s continued price action will depend on its ability to sustain its current momentum, while PENGU’s breakout will require confirmation from on-chain follow-through [3]. Analysts note that in the race for top bullish crypto status in 2025, the alignment of utility, adoption, and market dynamics makes Cold Wallet a compelling case [3].

Source:

[1] Ethena’s Price Surge, PENGU’s Breakout Buzz, and Why Cold Wallet Could Be the Top Bullish Crypto for 2025

(https://coinmarketcap.com/community/articles/689f76bbf22478201ce9163c/)

[2] Ethena’s Price Surge, PENGU’s Breakout Buzz, and Why Cold Wallet Could Be the Top Bullish Crypto for 2025

[3] Ethena’s Price Surge, PENGU’s Breakout Buzz, and Why Cold Wallet Could Be the Top Bullish Crypto for 2025