ONDO Rebounds to $1.05, ENA Hits Buy Signal, Cold Wallet Presale Surpasses $5M

July has brought renewed optimism to the cryptocurrency market, with three emerging projects drawing significant attention from traders and investors. ONDO, Ethena (ENA), and Cold Wallet each exhibit distinct signals of potential growth, making them key names to watch as the market moves into August and beyond.

ONDO’s price action has captured investor interest, with the token climbing from $0.66 to a peak of $1.13 in July before retreating to $0.94 amid a broader market downturn [1]. However, the price rebounded quickly to $1.05, reflecting strong buying pressure. Alongside the price rise, ONDO's Total Value Locked (TVL) reached $1.376 billion, and derivatives volume increased by 38.7%, further indicating bullish sentiment [1]. Long positions remain dominant, and some analysts suggest that a breakout past $1.13 could lead to a potential move toward $2, or even $5 in the long term [1].

Meanwhile, Ethena (ENA) is showing early signs of a trend reversal. The token recently posted a TD Sequential “9” buy signal on the 4-hour chart, signaling a potential end to the downtrend [1]. ENA has stabilized just above the $0.578 level after dipping to $0.5457, where strong support has repeatedly halted further declines. A solid close above $0.578 could open the door to $0.63 and eventually $0.70, though breaking below $0.514 would signal renewed bearish pressure [1].

Cold Wallet, a newcomer to the crypto space, is generating buzz with its community-focused model. The platform rewards users for every action on the wallet, from transactions to referrals, all paid out in its native token, CWT. The project has raised over $5 million in its presale in just a few weeks [1]. Cold Wallet’s recent acquisition of Plus Wallet for $270 million has significantly expanded its user base and market visibility [1]. At stage 16 of its presale, CWT is trading at $0.00942, with a confirmed launch price of $0.3517, offering a potential 3,707% return for early investors [1]. As each stage fills, the token’s price increases, narrowing the window for early entry.

While ONDO and Ethena rely on on-chain data and price signals to gauge their breakout potential, Cold Wallet’s unique value proposition—combining utility, rewards, and acquisition-driven growth—positions it as a standout in the current market cycle. For investors seeking long-term growth, Cold Wallet’s strategic expansion and high presale demand suggest it could be the next major breakout [1].

[1] Source: [1] ONDO Climbs to $1.05, ENA Flashes Bullish Signal, and Cold Wallet’s Presale Surges Past $5M! Which Crypto Should You Buy Now? (https://cryptonewsland.com/ondo-climbs-to-1-05-ena-flashes-bullish-signal-and-cold-wallets-presale-surges-past-5m-which-crypto-should-you-buy-now/)