XRP News Today: Cold Wallet Acquires Plus Wallet for $270M, Gains 2 Million Users and Accelerates Adoption

Cold Wallet’s $270 million acquisition of Plus Wallet has delivered immediate scale, adding over 2 million active users in a single strategic move. This acquisition accelerates the project's adoption trajectory, providing Cold Wallet with a strong foundation to build its self-custody wallet ecosystem. The wallet currently rewards users with CWT tokens for on-chain activity, including gas fees, swaps, and on/off-ramp transactions. The Stage 17 presale has already raised $5.93 million at $0.00998 per CWT, with a projected 3,425% return on investment at the confirmed launch price of $0.3517. Analysts highlight the acquisition as a key catalyst for both user growth and token demand, creating a flywheel effect where adoption drives value and higher value encourages further adoption. The project’s referral system further reinforces organic growth by incentivizing users to bring in new participants [1].

Toncoin’s technical indicators suggest a strengthening bullish trend. In the last 24 hours, long positions increased to 50.43% from 48.71%, indicating growing buying pressure. Price action has consolidated below the $3.42 resistance level while maintaining higher lows above the 50-EMA at $3.37. The Relative Strength Index (RSI) is at 56, signaling balanced conditions with potential for upward movement. The Moving Average Convergence Divergence (MACD) remains in positive territory, with its widening histogram reflecting increased bullish momentum. A breakout above $3.42 could open the door for a 20% move toward $4.10 [1].

Meanwhile, XRP has seen a significant increase in trading volume, reaching $12.4 billion in a single day. This surge follows the SEC settlement and is viewed as a sign of growing institutional and large-scale trader interest. The price briefly reached $3.32 but closed at $3.14 amid profit-taking. Solid support remains at $3.13, while resistance is expected between $3.27 and $3.31. A notable single-hour trade of 73.87 million XRP underscores the asset’s liquidity strength, enabling it to absorb sell pressure without significant price erosion. Analysts suggest that as selling pressure wanes, the conditions for a recovery appear favorable [1].

Cold Wallet’s approach distinguishes itself through its combination of immediate user base and ongoing utility-driven incentives. While many projects rely on speculative demand or short-term price action, Cold Wallet’s acquisition and reward-based model provide a sustainable growth mechanism. The integration of Plus Wallet users with a functional product and active cashback model ensures engagement and retention from day one. With a presale that has already demonstrated strong market traction, Cold Wallet is well-positioned to capture a significant share of the self-custody wallet market in 2025 [1].

Source: [1] Cold Wallet’s $270M Deal, Toncoin’s Technical Strength, and XRP’s $12.4B Volume Signal Strong 2025 Crypto Growth (https://coinmarketcap.com/community/articles/689c90f47112a54641073238/)