Cold Wallet Presale Rises 3423% as Avalanche Stalls and NEAR Gains 6% Ahead of Upgrades

Cold Wallet (CWT) is attracting significant attention due to its ongoing presale, which has raised $6.37 million as of Stage 17. A total of 754.52 million tokens have been sold, with the token price currently at $0.00998 and an expected listing price of $0.3517, offering a projected return on investment (ROI) of 3,423 percent. The project introduces a novel model by rewarding users with CWT tokens for transactions such as gas fees, swaps, and transfers. The acquisition of Plus Wallet has also added 2 million active users to its ecosystem before the official launch, further solidifying its adoption potential [1].

In contrast, Avalanche (AVAX) has experienced a period of relative quiet, with no significant announcements or upgrades in the past five days. While technically stable, the asset’s price movements have been influenced more by broader market sentiment than project-specific news. Analysts suggest this could indicate either a strategic pause or a temporary lull in activity. The long-term trajectory of AVAX will likely depend on factors such as decentralized app usage and subnet growth [1].

Polygon is preparing for a major transition with the migration of its token from MATIC to POL, set for August 26, 2025. Major exchanges, including Binance and Coinbase, have confirmed support for the change, which is expected to proceed without major disruptions. The migration will be followed by scheduled maintenance on August 27 to enable the native deployment of USDT on the PoS chain. With a Relative Strength Index (RSI) of 38, MATIC currently appears oversold, which could signal a potential rebound [1].

Meanwhile, NEAR Protocol is set to undergo a hard fork upgrade on August 18, 2025. Binance will temporarily pause deposits and withdrawals for approximately one hour to facilitate the technical adjustments. The market has already responded positively, with NEAR’s price increasing by 6 percent to $2.79 and trading volume doubling. Reports indicate growing institutional buying activity, although technical indicators suggest that a pullback to key support levels may occur if momentum slows [1].

Collectively, these developments highlight the diverse factors that influence the performance of top gainers in the crypto market. Cold Wallet is driven by strong presale traction and utility, Avalanche’s silence may hint at a strategic pause, Polygon’s token migration offers a clear event-driven opportunity, and NEAR’s upgrade has already generated positive market sentiment. While hype often dominates crypto narratives, these cases demonstrate how presale progress, technical upgrades, and strategic transitions can shape market outcomes [1].

Source: [1] Crypto Top Gainers to Watch: Cold Wallet’s $6.37M Presale, Avalanche’s Pause, Polygon’s Token Shift, and NEAR’s Upgrade (https://coinmarketcap.com/community/articles/68ae7bfc9a086d6214ff2ae2/)