Solana News Today: Cold Wallet Presale Hits $5.9M Amid Bullish Momentum in SOL and BCH Markets

While the Solana (SOL) and Bitcoin Cash (BCH) markets are showing signs of bullish momentum, a new contender in the crypto space is attracting attention with a security-focused approach and impressive presale performance. The Cold Wallet (CWT) project has raised over $5.9 million in its ongoing presale, selling 707 million tokens at a current price of $0.00998 in Stage 17. The project aims for a fixed launch price of $0.3517, offering a projected return on investment (ROI) of 3,424%—though this potential ROI decreases with each subsequent stage of the presale.

Solana’s price has shown resilience, rebounding nearly 10% from its early August lows and currently trading around $173. Technical indicators such as the Balance of Power at 0.76 and the RSI reaching 51.65 suggest continued buyer control and bullish sentiment. A breakout above $176.33 could lead to a target level of $180, while a slowdown in momentum might see the price retreat to support near $158.80.

Bitcoin Cash remains within an ascending channel, with resistance at $572 seen as a critical breakout point. A hidden bullish divergence in the RSI and rising futures open interest above $528 million signal potential for further upside. A successful breakout could push the price toward $596, $607, or even $664, while a drop below $520 would invalidate the bullish scenario.

In contrast to these well-known cryptocurrencies, Cold Wallet is positioning itself as a security-first solution, combining the safety of cold storage with the immediacy of hot wallets. Its key features include time-locked transfers, biometric authentication, two-factor authentication, and multisignature support—designed to protect against phishing and unauthorized access. These features are attracting attention from traders, institutions, and decentralized autonomous organizations (DAOs) that value both security and accessibility.

The project’s presale strategy also highlights its growth potential. With each stage, the token price increases, creating an incentive for early participation. The fixed launch price of $0.3517 ensures a clear value proposition, making Cold Wallet a distinct case in the market for investors seeking measurable ROI [1].

Source: [1] SOL and BCH Prices Turn Bullish, Yet Cold Wallet’s $5.9M Security-First Presale Steals the Spotlight. (https://coinmarketcap.com/community/articles/689b3d6c89d58414926bbc80/)