Solana News Today: Cold Wallet Hyperliquid Solana Drive Crypto Market Gains With Utility And Momentum

Momentum in the cryptocurrency market is increasingly favoring projects with tangible utility and early performance, with Cold Wallet, Hyperliquid, and Solana standing out as top contenders in 2025. Cold Wallet has raised $6.2 million through its ongoing presale, with $CWT tokens already delivering on-chain cashback rewards on transactions like gas, swaps, and on/off ramps. The wallet is fully operational, bypassing the prolonged development cycles common in the crypto sector [1].

Hyperliquid has recorded a significant milestone, surpassing $6 billion in assets under management. The platform reported a one-day deposit record of $395 million, bringing total value locked above $5.7 billion. Its native token, HYPE, surged to $48.82 before settling at $46. Whale activity shows a strong bias toward long positions, with 138 wallets holding longs compared to 92 shorts, signaling increasing confidence from both retail and institutional traders [1].

Solana’s price movement has also caught the attention of traders and analysts. After a 5% rise in a single day, the asset broke above $207, completing a classic cup-and-handle pattern that analysts forecast could push Solana toward $300 [1]. Institutional adoption is on the rise, with CMB International recently tokenizing its Hong Kong–Singapore fund on the Solana blockchain, further validating the network’s growing appeal.

Cold Wallet differentiates itself by offering immediate utility, rather than projecting future value. Users are receiving cashback on transactions from the platform’s launch, and the referral system is actively driving growth. The presale is currently in stage 17, with tokens priced at $0.00998 and a confirmed launch price of $0.3517, offering a significant potential upside for early participants [1]. The rapid progression through presale stages is creating urgency, with each stage increasing the token price and reducing the window for early entry.

Hyperliquid’s success highlights the growing demand for high-volume derivatives trading platforms. The platform’s liquidity and whale-driven momentum suggest it is attracting both retail and institutional traders. Continued deposit surges and token price activity point to strong market confidence [1].

Solana’s technical and institutional tailwinds, combined with reduced exchange supply and rising on-chain activity, indicate sustained buyer control. Analysts are watching closely for further price movements based on the completed cup-and-handle pattern, but real performance will depend on broader market conditions and adoption [1].

For traders seeking the best crypto for higher returns, Cold Wallet, Hyperliquid, and Solana each offer distinct advantages. Hyperliquid and Solana rely on speculative momentum and institutional support, while Cold Wallet is closing the gap between promise and performance by delivering real utility from the outset. In a market often dominated by hype, Cold Wallet’s live cashback and operational model provide a compelling case for investors prioritizing substance over speculation.

Source: [1] Best Crypto of 2025: Solana’s $300 Chase, Hyperliquid’s $6B Boom, & Cold Wallet’s $6.2M Presale & Rewards (https://crypto-economy.com/best-crypto-of-2025-solanas-300-chase-hyperliquids-6b-boom-cold-wallets-6-2m-presale-rewards/)