Solana News Today: Cold Wallet Challenges Solana and Avalanche With 100 Gas Cashback and 50 Swap Rewards

Cold Wallet, a cryptocurrency wallet project built around the $CWT token, is emerging as a user-friendly alternative for crypto newcomers seeking to avoid high transaction costs and complex interfaces. The platform distinguishes itself by rewarding users with $CWT for on-chain activities such as gas payments, token swaps, and fiat conversions [1]. This includes up to 100% gas cashback, 50% swap incentives, and bridge fee rewards, all designed to reduce the friction often experienced by beginners [1].

The wallet’s referral system is another standout feature. Unlike multi-tiered referral models that encourage spamming, Cold Wallet employs a one-level structure where both the referrer and invitee receive 10% of the reward in $CWT [1]. This approach ensures simplicity and fairness, aligning with the platform’s mission to lower entry barriers for mainstream users. The referral program operates automatically, providing immediate and transparent payouts in USDT and $CWT [1].

Cold Wallet’s token model is structured for long-term sustainability. The project implements a halving schedule and a reward system that scales with user activity. Users who hold larger amounts of $CWT unlock higher cashback tiers, creating a cycle of increased engagement and value accumulation [1]. This mechanism supports real-world usage rather than speculative staking or lockups, making it a practical option for those looking to engage with crypto in a straightforward manner [1].

The wallet’s current presale is in stage 15, with $CWT tokens priced at $0.00924. This represents a potential early entry point for users who wish to benefit from future token price appreciation [1]. The platform avoids unnecessary complexity, offering a streamlined onboarding process and an intuitive interface that prioritizes ease of use over technical jargon [1].

Compared to other blockchain platforms like Avalanche and Solana—both of which are currently seeing bullish price forecasts—Cold Wallet offers a different value proposition. While Avalanche’s price target is set at $36 and Solana nears $205, both platforms struggle with usability issues such as high gas costs and inconsistent user experiences [1]. Cold Wallet eliminates these barriers by providing direct rewards for participation, making it a compelling choice for users who prioritize functionality over speculation [1].

The project’s focus on practicality and real-world utility positions it as a potential leader among crypto wallets in 2025. By combining transparent rewards, straightforward mechanics, and a strong referral system, Cold Wallet offers a seamless entry point for individuals looking to explore cryptocurrency without the burden of complexity or risk [1].

Source: [1] The Portugal News (https://www.theportugalnews.com/news/2025-07-31/100-gas-cashback-50-swap-rewards-why-cold-wallet-may-be-the-best-crypto-for-2025-compared-to-avax-solana/157348)