XRP News Today: Cold Wallet Presale Hits $6.4M as TON Surges and XRP Faces 5% Drop

Generated by AI AgentCoin World
Thursday, Aug 21, 2025 4:16 pm ET1min read
XRP
--
Aime RobotAime Summary

- TON's Telegram blockchain drives DeFi/NFT growth, with Snoop Dogg's NFTs selling 1M units in an hour and a U.S. wallet rollout expanding access to 87M users.

- XRP sees 320M+ token accumulation and $13 price forecasts amid ETF optimism, though recent 5% price drops highlight $3.35-$3.40 resistance levels.

- Cold Wallet ($CWT) raises $6.4M in Stage 17 presale by rewarding users with cashback for crypto transactions, prioritizing utility over speculation.

- The project's Layer 2 integrations aim to reduce transaction costs, contrasting speculative TON/XRP narratives with daily blockchain utility-focused value creation.

This month’s cryptocurrency market is witnessing a mix of narratives that capture attention in distinct ways. TON, driven by Telegram’s blockchain, has surged in DeFi and NFT trading activity, with NFT sales reaching a significant milestone as Snoop Dogg’s collection sold nearly a million pieces in under an hour. Additionally, Telegram’s rollout of a built-in TON wallet for U.S. users has expanded access to over 87 million people, making crypto transactions more accessible and familiar. This integration is a pivotal step in mainstreaming blockchain adoption through a platform already embedded in daily communication [1].

Meanwhile,

XRP
has drawn attention due to renewed optimism around potential ETF approval and clearer regulatory outlooks. Whale activity has seen more than 320 million XRP tokens accumulated in a short period, suggesting increased institutional interest. Some analysts predict a breakout could push XRP toward $13, although recent price action has seen a 5% drop, and key resistance levels around $3.35 and $3.40 remain critical for near-term performance [1].

Amid these developments, Cold Wallet ($CWT) has emerged with a different strategy. Instead of relying on speculative hype, Cold Wallet focuses on rewarding users for everyday crypto actions—such as paying gas fees, swapping tokens, or bridging assets—with cashback in $CWT. This model transforms routine interactions into recurring value, offering a practical alternative to speculative trading. The Cold Wallet presale has already reached Stage 17 at $0.00998, raising over $6.4 million and selling 750 million tokens. Its structured presale model reflects a long-term usability strategy rather than short-term volatility [1].

Cold Wallet further differentiates itself through user-friendly onboarding and upcoming Layer 2 integrations, which are expected to reduce transaction costs significantly. These features aim to make crypto more accessible and efficient, aligning with a vision of daily blockchain utility rather than speculative investment [1].

The broader market context highlights the contrast between speculative narratives and utility-driven projects. While TON and XRP benefit from institutional interest and mainstream adoption, Cold Wallet’s model emphasizes consistent, user-focused rewards that build value through engagement. For investors seeking the best new crypto options, these contrasting approaches offer different perspectives on where to allocate capital in a rapidly evolving market [1].

Sources:

[1] TON’s NFT Frenzy & XRP’s $13 Price Target Can’t Compete with Cold Wallet’s $CWT Cashback & Daily Rewards! — https://coinmarketcap.com/community/articles/68a77d0f986a5360d1da8b58/