Cold Wallet Surges to 2M Users Post-Acquisition, Presale ROI Hits 3,424%

Cold Wallet’s acquisition of Plus Wallet for $270 million has led to the rapid onboarding of two million active users, significantly expanding its presence in the self-custody crypto space [1]. This move has already sparked a surge in demand for the platform’s presale, which is currently in Stage 17. At $0.00998 per token, the presale has raised over $5.9 million so far, with a projected return on investment of 3,424% for early participants. However, each stage closure reduces the potential ROI, creating urgency among investors [1].

The influx of new users has not only increased wallet activity but also strengthened the value proposition of $CWT, the token used for cashback rewards and swap incentives within the Cold Wallet ecosystem [1]. Whale activity is also on the rise, as larger investors secure allocations ahead of the full integration of Plus Wallet. This growing interest reflects a broader confidence in the platform’s ability to drive real-world adoption and usage through tangible incentives.

In parallel, the SEI price chart has shown signs of a potential bullish reversal. According to market analyst Ali (@ali_charts), the Supertrend indicator has flipped green at the lower boundary of SEI’s trading channel, a technical pattern historically linked to strong upward moves [1]. If this pattern repeats, the price could potentially climb toward $0.54. The RSI is currently at 51.3, suggesting that the asset is not yet overbought and has room for further gains [1].

Hyperliquid’s July performance has also attracted attention, with the platform capturing 35% of all blockchain revenue. Phantom Wallet integration alone generated $2.66 billion in trading volume and added 21,000 new users, highlighting the platform’s growing influence in the DeFi sector [1]. Additionally, the HYPE token has rebounded sharply, recovering from $37 to $40 in a V-shaped pattern, as the platform moves toward a broader Web3 infrastructure role with its upcoming HIP-3 upgrade [1].

While both SEI and Hyperliquid offer compelling bullish signals, Cold Wallet’s user growth and presale momentum stand out as the most immediate and impactful developments [1]. The acquisition of Plus Wallet has not only expanded the user base but also embedded these users into a rewards-driven ecosystem that could support long-term value creation [1]. With each stage of the presale closing, future investors may find it increasingly difficult to achieve the same level of returns, reinforcing the platform’s current momentum.

Cold Wallet’s strategy is centered on real-world usage and active engagement rather than speculative hype [1]. As integration efforts continue, the platform is poised to further drive activity, user retention, and value across its growing Web3 ecosystem.

Source: [1]title1.............................(https://crypto-economy.com/sei-hype-price-action-turns-bullish-but-cold-wallet-gains-most-attention-after-2m-user-boost/)