Solana News Today: Solana Surpasses $200, Chainlink Nears $30 As Cold Wallet Presale Hits $6.3M

Cold Wallet’s presale has generated significant interest as Solana (SOL) surges past the $200 level and Chainlink (LINK) approaches a potential breakout. Solana’s recent performance reflects strong on-chain activity and favorable technical indicators, with the price consolidating above key support at $190 and approaching $220 resistance. The network’s DeFi TVL, NFT activity, and developer engagement continue to grow, reinforcing its appeal as a top-tier project [1]. The MACD and RSI indicators both signal bullish momentum, suggesting that Solana remains a strong contender for traders and long-term investors alike [1].

Chainlink, meanwhile, is showing signs of renewed accumulation, with large wallets pulling LINK off exchanges and building positions ahead of a potential price breakout. The token is currently trading near $25, a level seen as a critical threshold before aiming for $30. The asset’s deep utility in DeFi oracle infrastructure, combined with positive on-balance volume trends and ascending channel patterns, supports a bullish technical setup [1]. Analysts suggest that continued adoption in DeFi use cases could drive further value creation for Chainlink [1].

Cold Wallet (CWT) is emerging as a distinct option for investors seeking real-world utility and growth potential. In its 17th presale stage, the project has raised over $6.3 million and sold more than 740 million tokens at $0.00998. The project’s cashback model rewards users on swaps, gas fees, and fiat conversions, all while maintaining full self-custody. Users benefit from tiered cashback rates, with Diamond-level holders earning up to 100% cashback [1]. The referral system further enhances user acquisition, offering 10% and 5% bonuses for referrers and referees, respectively [1].

Cold Wallet’s tokenomics emphasize user incentives, with 25% of the token supply allocated to cashback and referral rewards. Future upgrades, including Layer 2 integrations, are expected to streamline reward distribution and reduce transaction costs. Unlike speculative assets, Cold Wallet is designed for daily use, providing a tangible value proposition from the start [1]. Analysts suggest that the token’s unique model and under-$0.01 price point position it as a compelling alternative to traditional speculative plays [1].

While Solana and Chainlink represent well-established narratives with strong technical and fundamental support, Cold Wallet offers a differentiated approach. The project’s emphasis on usability, self-custody, and daily rewards aligns with growing demand for practical crypto solutions. With over $6.3 million raised and a clear roadmap for utility-driven growth, Cold Wallet presents a compelling case for investors seeking exposure to the next wave of innovation in the space [1].

Source: [1] title: Solana Crosses $200, Chainlink Eyes $30, But Cold ... (https://crypto-economy.com/solana-crosses-200-chainlink-eyes-30-but-cold-wallets-presale-shows-50x-potential-as-the-best-crypto-to-invest-in-now/)