XRP News Today: Cold Wallet Presale Hits $0.00998, Raising $5.8M in Stage 17

Cold Wallet continues to gain traction in the cryptocurrency space, with its presale price reaching $0.00998 and raising $5.8 million as of Stage 17. The project has been highlighted as one of the top crypto platforms due to its unique model that rewards users for transactions rather than charging fees [1]. This approach has attracted traders who are shifting away from speculative projects toward models that offer sustainable returns. Analysts estimate a projected return on investment (ROI) of 4,900% by the time of the full launch, making it an appealing option for those seeking high-yield opportunities in under-$1 crypto assets [1].

XRP, another key player, has seen renewed interest as price predictions aim for a potential rally to $4. This projection is fueled by ongoing legal progress and increasing banking partnerships for Ripple, with some analysts viewing the $4 level as a significant breakout point [1]. However, not all market participants agree on the near-term likelihood of this target, citing strong resistance levels and short-term selling pressure from traders locking in gains [1]. The debate underscores the cautious optimism surrounding XRP’s long-term potential, though regulatory clarity remains a key factor in its broader adoption.

Meanwhile, Hyperliquid is making strides in the derivatives market, capturing 35% of blockchain trading revenue in July. This performance has drawn attention from institutional and experienced traders who see potential in its fast and scalable infrastructure [1]. Experts highlight the importance of liquidity growth and the onboarding of more market makers during Q3 and Q4 as key drivers for its price action [1]. Despite its strong position, the derivatives market remains competitive, and regulatory scrutiny could affect its trajectory. As a result, some traders are exploring alternatives like Cold Wallet, which offers cashback rewards and a clear utility-driven model.

Cold Wallet’s strategy centers on transforming how users interact with crypto by offering cashback through CWT tokens on every transaction. This model not only covers gas fees and swap costs but also incentivizes active use, distinguishing it from traditional wallets that focus on storage over utility [1]. The platform is already live with an app, referral system, and USDT rewards, supporting its growth while maintaining economic stability [1]. The focus on real-world use cases and clear reward structures has resonated with traders who are moving their capital toward projects with stronger fundamentals.

Comparing current market options, XRP remains a long-term play dependent on regulatory outcomes, while Hyperliquid offers strong revenue traction in a volatile space. Cold Wallet, in contrast, presents a fast-moving, utility-driven model with a clear presale roadmap and active user incentives [1]. For traders prioritizing platforms that reward active participation over speculation, Cold Wallet is gaining recognition as a strong contender in the under-$1 crypto category.

The Cold Wallet presale is currently live, with details available at its official website and social media channels. As the market continues to evolve, the growing interest in reward-based models and utility-driven tokens could signal a shift in how crypto projects gain traction, particularly in a post-legal and post-hype environment.

Source: [1] Cold Wallet Presale Price Surged to $0.00998, Ranked as Best Crypto Platform, While XRP & HYPE Also Get Spotlight (https://cryptonewsland.com/cold-wallet-presale-price-surged-to-0-00998-ranked-as-best-crypto-platform-while-xrp-hype-also-get-spotlight/)