XRP News Today: Cold Wallet Gains Attention With Live On-Chain Rewards Model

Cold Wallet is emerging as a standout in the crowded crypto market due to its unique model of offering live on-chain rewards to users. Unlike many other projects that require staking or locking assets to earn returns, Cold Wallet enables users to receive CWT tokens automatically with every swap, transfer, or fiat bridge executed within the wallet. The platform also features a cashback system, with higher CWT holdings translating to higher rebates—reaching up to 100% on gas fees [1].

Currently, Cold Wallet is in a presale phase, with the price starting at $0.00924 and set to rise over 150 stages until it reaches $0.35171. Analysts have projected a potential valuation of $2 at launch [1]. The token distribution is designed to benefit the broader community, as 40% of the total supply is allocated for public sale and another 25% is reserved for user rewards. Additionally, the referral system offers 10% to referrers and 5% to new users, with rewards vesting over just three months [1].

In contrast, XRP has seen mixed signals in recent trading sessions. On July 25, the price dropped to $3.14 following a reported $140 million XRP transfer by one of Ripple’s co-founders. However, it has since recovered slightly, reaching $3.31 by July 28, with daily gains of around 2% and a trading volume of $475 million. The token’s market cap now sits at $193 billion, though ongoing large wallet activity remains a risk [1].

HBAR has experienced a notable 20% increase following its listing on Robinhood, pushing the price from $0.2389 to $0.288 in just a few days. This surge brought in over $900 million in trading volume and elevated Hedera’s market cap to $12.2 billion. The price is currently hovering near $0.29, and analysts are watching for a potential break above $0.30, which could signal further momentum [1].

XLM has also seen a sharp rise, increasing more than 21% between July 25 and 28, reaching $0.436. This spike was driven by a 127% increase in open interest, which now exceeds $346 million. While the price has not yet broken through the $0.439 resistance level, it is currently consolidating between $0.412 and $0.439. A breakdown below $0.355 could signal renewed selling pressure, though technical projections suggest potential upside to $0.50–$0.55 if volume sustains and resistance levels break [1].

The key distinction between Cold Wallet and the other tokens lies in its immediate utility and reward mechanism. While XRP, HBAR, and XLM rely on market conditions or exchange activity for price movement, Cold Wallet is delivering value directly to users with every on-chain action. This live cashback model, combined with a transparent tokenomics structure, positions it as a unique offering in the current crypto landscape [1].

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Source: [1] Best Crypto Coin to Buy: Cold Wallet, XRP, HBAR, and XLM

(url: https://cryptonewsland.com/best-crypto-coin-to-buy-cold-wallet-xrp-hbar-and-xlm/)