XRP News Today: Cold Wallet Hits $5.4M Presale as User Rewards Drive Growth

Cold Wallet has raised $5.4 million in its presale, signaling growing investor interest in its reward-based model. The platform, which recently acquired Plus Wallet for $270 million, now serves over 2 million users who engage in on-chain activities such as swaps, gas fee payments, and cross-chain bridging. These interactions generate cashback in CWT tokens, a mechanism designed to incentivize continuous user engagement. The acquisition is not just a strategic scale-up but a foundational step in building a utility-driven ecosystem that rewards participation rather than treating it as a cost. Users holding more CWT can benefit from higher cashback rates, with top-tier users earning up to 100% back on gas fees [1].

The Cold Wallet presale is currently in Stage 16, with CWT priced at $0.00942, while its projected launch price is estimated to reach $0.3517. This early-stage pricing model presents a compelling entry point for investors seeking exposure to a crypto project built for sustained, functional use. The platform also features a referral program offering rewards in both USDT and CWT, further encouraging organic growth and user retention [1].

Ethereum remains a stable performer, holding above the $3,200 level. On-chain activity continues to support its price, with higher lows and strong accumulation patterns observed in recent weeks. The $3,600 level remains a key resistance point; a breakout could push the price toward $4,000. The expanding adoption of Ethereum in decentralized finance (DeFi) and enterprise applications is also contributing to its bullish momentum. Volume and RSI metrics remain healthy, reinforcing the technical case for continued growth [1].

XRP is showing technical strength near $0.60, with stable support levels and neutral RSI readings indicating potential for further appreciation. The narrowing Bollinger Bands suggest reduced volatility, often a precursor to a price move, while moving averages continue to provide solid support. These indicators align with the growing real-world adoption of XRP in payment and settlement systems. A potential breakout above $0.65 could not only be a technical milestone but also a sign of increasing confidence in its utility-driven value proposition [1].

Cold Wallet’s approach to crypto investment stands apart from traditional models. By transforming everyday blockchain interactions into value-generating activities, it redefines the way users engage with the ecosystem. The integration of Plus Wallet’s user base into a reward-based model is a strategic shift that prioritizes long-term participation over speculative gains. For investors, the question of what crypto to invest in is increasingly being answered by projects like Cold Wallet, where utility and engagement drive growth [1].

The project’s referral system, combined with tiered cashback incentives and a referral program, creates a self-sustaining loop of user activity and reward. This model, coupled with a strong presale traction, positions Cold Wallet as a unique player in the evolving crypto landscape [1].

Sources:

[1] https://cryptofrontnews.com/cold-wallet-hits-5-4m-in-presale-ethereum-maintains-3200-xrp-approaches-0-65-what-crypto-to-invest-in/