Solana News Today: Solana Falls 5% as Shiba Inu Stalls and Cold Wallet Targets $2

Solana (SOL) experienced a 5% decline in recent trading sessions, pulling back from a peak near $194 to levels around $183, amid signs of market fatigue and profit-taking pressures. The token is now in a consolidation phase, with key support levels currently holding around $180–$185. Analysts remain divided on its longer-term trajectory, with some forecasting a potential rebound above $195, provided volume and sentiment align favorably [1].

Meanwhile, Shiba Inu (SHIB) has shown little movement, trading within a narrow range and failing to generate significant momentum despite strong on-chain metrics. The lack of decisive direction has left investors uncertain about its immediate future. While some expect SHIB to reclaim key levels if volume surges, the token remains in a cautious phase, balancing between optimism and skepticism [1].

In contrast, Cold Wallet (CWT) is emerging as a more tangible contender for 2025, with its presale reaching stage 16 at $0.00942 and a projected final listing price of $0.3517. What differentiates CWT is its focus on real-world utility, offering features such as gas rebates, swap cashback, and bridge incentives—allowing users to earn while transacting. The token is not positioned as a speculative play but as a functional DeFi solution, with a roadmap spanning 150 stages and a controlled supply designed to limit oversaturation [1].

At the time of writing, Cold Wallet has already raised over $5.7 million in its presale, with 40% of the total 10 billion CWT supply reserved for presale participants. A vesting mechanism unlocks 10% of tokens at launch, with the remaining 90% distributed over three months, ensuring a gradual and sustainable release. Additionally, a referral program provides 10% and 5% rewards for referrers and referees, respectively, further encouraging organic growth [1].

Forecasts for CWT suggest the token could potentially reach $2 per unit, driven by increasing adoption, platform expansion, and consistent utility-based earning opportunities. Analysts highlight the structured approach of the project, emphasizing its focus on user experience and functional design over hype or marketing alone. While this $2 target is speculative, it reflects the growing confidence in CWT’s model and its potential to reshape user expectations in the DeFi space [1].

As Solana and Shiba Inu remain in uncertain territory, Cold Wallet presents a compelling alternative for investors seeking a token with immediate use cases and earning potential. Its $0.00942 entry point, coupled with a roadmap that includes both technical and financial milestones, positions it as a product-driven contender in the competitive crypto landscape [1].

Source: [1] Solana Falls 5% & SHIB Stalls, & Cold Wallet Eyes $2 Mark (https://coinmarketcap.com/community/articles/68929c2378a0a67c8267a5fc/)