Solana News Today: Cold Wallet (CWT) Gains Momentum With Utility-Driven Model And $0.00942 Presale Price

Solana (SOL) has experienced a significant price correction, falling approximately 5% in recent trading sessions and trading near $183 after peaking at $194. The decline followed sharp intraweek dips of over 5% on July 25 and 4.6% on July 23, raising questions about the sustainability of its recent momentum [1]. Analysts highlight the $180 to $185 range as a critical support zone, with a potential breakout above $195 — supported by high volume — seen as a key trigger for a recovery [1]. On-chain metrics remain optimistic, and stable network activity suggests Solana remains a key player in the market.

Meanwhile, Shiba Inu (SHIB) continues to trade in a narrow range, consolidating between $0.00001336 and $0.00001425. Analysts have flagged $0.00001450 as a critical level; a breakout here could lead to a rapid price surge. However, failure to maintain this level may push the token toward $0.00001250 [1]. Despite a recent 6% pullback, forecasts still show a cautious but not entirely bearish outlook, with some analysts projecting a potential rise to $0.0000191 by year-end if burn rates remain consistent [1].

In contrast to these volatile movements, Cold Wallet (CWT), a privacy-focused cryptocurrency project, has emerged with a unique value proposition. At a current price of $0.00942, CWT offers real utility by providing cashback rewards for blockchain activities such as gas payments, token swaps, and asset bridging. Unlike traditional models that charge fees, Cold Wallet’s approach rewards users for participation. The project has raised over $5.65 million and sold 685 million tokens through its presale, with Stage 16 currently open [1]. The presale structure includes 150 stages, each incrementally increasing in price, with the final listing locked at $0.35171, making early entry particularly advantageous [1].

What sets CWT apart is its emphasis on practical utility rather than speculative growth. Users receive 10% of their tokens at launch, with the remaining tokens unlocking gradually over three months. A referral system further incentivizes participation, offering 10% for the referrer and 5% for the referee, both subject to the same vesting schedule [1]. Long-term price projections for CWT suggest potential to rise above $2, driven by adoption and real-world usage rather than hype alone.

Compared to the uncertain trajectories of SOL and SHIB, Cold Wallet presents a compelling case for investors seeking exposure to a project with clear utility and tangible benefits. While SOL and SHIB remain relevant in the crypto landscape, their price movements highlight the risks associated with speculative trading. CWT, by contrast, introduces a model where users are rewarded for their activity, potentially offering a more sustainable and less volatile investment option [1].

The current price of $0.00942 provides a rare opportunity for investors to enter at a low point in what could be a significant growth story. With its presale moving steadily forward and a final listing price already set, the value curve is clearly upward. Unlike many speculative projects that rely on market sentiment alone, Cold Wallet’s model is built on active utility and real-time rewards, positioning it as a strong contender for 2025 [1].

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[1] CoinMarketCap - [https://coinmarketcap.com/community/articles/6892aa3078a0a67c8267a614/](https://coinmarketcap.com/community/articles/6892aa3078a0a67c8267a614/)