Solana Targets $268, Chainlink's Price Forecast Signals Upside, and Cold Wallet's $6.8M Presale Dominates

Friday, Aug 29, 2025 12:21 pm ET1min read

Chainlink (LINK) may see a price rebound after a whale transferred $24.6 million, potentially sparking renewed momentum. Solana (SOL) is in a high-stakes technical setup, with a breakout above $205 potentially leading to a rally toward $268. Cold Wallet (CWT) has raised $6.8 million in its presale, with 785 million tokens already sold, creating utility-driven momentum that positions it as the most disruptive play among the three.

Chainlink (LINK) may experience a price rebound following a significant whale transfer, potentially sparking renewed momentum. According to Cinder Monitor, a whale/institution recently transferred $24.6 million worth of LINK to a centralized exchange. This move could indicate a shift in sentiment and renewed interest in the cryptocurrency [1].

Solana (SOL) is currently in a high-stakes technical setup, with a potential breakout above $205 potentially leading to a rally toward $268. The Solana blockchain has seen growing institutional adoption, with firms like DeFi Development Corp. (DFDV) and others raising substantial funds for Solana-focused treasuries [2]. Additionally, technical indicators such as golden cross patterns and wedge breakouts suggest a bullish outlook for SOL, with historical patterns pointing to significant price gains [2].

Cold Wallet (CWT) has raised $6.8 million in its presale, with 785 million tokens already sold. This utility-driven momentum positions CWT as a disruptive player among the three, reflecting investor confidence in its innovative approach [3].

References:
[1] Lookonchain. "On August 29th, as per Cinder Monitor, this whale/institution had amassed a total of 30.03 million FORM (equivalent to 82.82 million)." https://www.lookonchain.com/feeds/26828
[2] Ainvest. "Solana News Today: DeFi Development Corp. (DFDV) acquires 1.83M SOL ($77M) using $122.5M from recent debt financing." https://www.ainvest.com/news/solana-news-today-defi-development-sol-share-strategy-gains-institutional-momentum-2508/
[3] Coincodex. "Vestrum Presale Stage 3 Surpasses $1.4M as Investors Back KYC-Certified Audited DeFi Project." https://coincodex.com/article/72336/vestrum-presale-stage-3-surpasses-14m-as-investors-back-kyc-certified-audited-defi-project/

Solana Targets $268, Chainlink's Price Forecast Signals Upside, and Cold Wallet's $6.8M Presale Dominates