Solana News Today: Cold Wallet Surges 3,423% in Presale Amid SOL and ADA Weakness

Generated by AI AgentCoin World
Monday, Aug 11, 2025 12:26 am ET2min read
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Aime RobotAime Summary

- Cold Wallet's $270M Plus Wallet acquisition and 3,423% ROI presale drive rapid adoption amid crypto market weakness.

- Solana (SOL) and Cardano (ADA) face technical breakdowns with SOL near $160 support and ADA at risk of 25% decline.

- Cold Wallet's 2M+ user base and cashback model differentiate it from MetaMask/Trust Wallet through Stage 17 presale.

- 701M tokens sold at $0.00998 show strong investor interest, contrasting with SOL/ADA's declining on-chain metrics and short positions.

Cold Wallet’s rapid ascent in the pre-sale stage has drawn significant attention amid bearish trends in the broader crypto market.

Solana
(SOL) and
Cardano
(ADA) continue to struggle, with technical indicators and sentiment metrics suggesting further downside. In contrast, Cold Wallet’s strategic acquisition of Plus Wallet and its growing presale participation are positioning it as a standout performer ahead of its official launch [1].

Solana is currently trading near a critical support level of $160 within a descending triangle pattern. If this level breaks, the asset could face a 10% drop toward $153. On-chain data also highlights $18.6 million in net outflows from spot markets, signaling caution among major holders. A potential reversal would require renewed inflows or a breakout above $166 [2].

Cardano’s condition is even more fragile, with technical and sentiment indicators showing increased bearish momentum. After failing to hold above $0.74,

ADA
is at risk of a 25% decline toward $0.53. Reduced coin outflows from exchanges, coupled with over half of traders holding short positions, suggest waning confidence. The MACD and on-balance volume metrics are also trending downward, reinforcing the negative outlook [3].

In a market defined by uncertainty, Cold Wallet stands out with its strategic growth and user-centric model. The acquisition of Plus Wallet for $270 million has instantly added over 2 million active users to Cold Wallet’s ecosystem. This move accelerates its path to adoption, offering a cashback system that rewards users for transactions, gas payments, and transfers. This functionality differentiates Cold Wallet from traditional wallet options such as MetaMask or Trust Wallet [1].

The presale is currently in Stage 17, with the token priced at $0.00998. The fixed launch price of $0.3517 implies a projected 3,423% return on investment (ROI). Over 701 million tokens have already been sold, with early-stage investors—those who purchased at $0.007 in Stage 1—projected to realize a 4,923% ROI. This strong price appreciation is drawing substantial interest and capital [2].

Cold Wallet’s approach emphasizes usability and reward, addressing growing user frustrations with complex wallet interfaces. The integration of Plus Wallet’s network has already enhanced Cold Wallet’s functionality and engagement potential, reducing the traditional time-to-adoption curve that many blockchain projects face. With continued progress through its presale stages, Cold Wallet is demonstrating a clear and structured path to utility and adoption [3].

As the market remains volatile, Cold Wallet’s growth strategy and cashback model offer a compelling alternative for investors seeking exposure to pre-launch opportunities. With both SOL and ADA underperforming, the platform is emerging as a strong contender in a crypto landscape increasingly driven by utility and real-world application.

Source:

[1] Cold Wallet’s 3,423% ROI Potential Lures Millions Into Presale! SOL & ADA Show Weakness

(https://crypto-economy.com/cold-wallets-3423-roi-potential-lures-millions-into-presale-sol-ada-show-weakness/)

[2] Cold Wallet’s 3,423% ROI Potential Lures Millions Into Presale! SOL & ADA Show Weakness

[3] Cold Wallet’s 3,423% ROI Potential Lures Millions Into Presale! SOL & ADA Show Weakness