XRP News Today: Cold Wallet Strengthens Position With $270M Plus Wallet Acquisition and 2M Users

Generated by AI AgentCoin World
Thursday, Aug 14, 2025 9:18 pm ET2min read
Aime RobotAime Summary

- Cold Wallet acquires Plus Wallet for $270M, gaining 2M active users and accelerating growth in crypto cashback ecosystems.

- Remittix (RTX) challenges XRP in cross-border remittances with $19.1M presale, targeting traditional corridors via hybrid DeFi/CEFI solutions.

- XRP tests $0.60-0.62 support while Tron (TRX) holds above $0.34, with technical indicators suggesting potential for short-term rallies.

- Cold Wallet's $6M Stage 17 presale and user base integration highlight market confidence in scalable crypto utility and real-world adoption.

In 2025, the cryptocurrency market is witnessing significant developments centered on cold wallet technology, cross-border remittances, and

performance. Cold Wallet’s $270 million acquisition of Plus Wallet has positioned the project as a formidable player in the digital wallet space, offering immediate access to over 2 million active users who are already familiar with self-custody and crypto transactions. This strategic move allows Cold Wallet to bypass the lengthy process of organic growth, integrating a ready-made community into its CWT-powered cashback ecosystem. The acquisition underscores Cold Wallet’s financial strength and operational capability, reinforcing confidence among presale participants and positioning the project as a strong contender in the competitive crypto wallet market [1].

XRP, which has long been a key player in cross-border remittances, is facing emerging competition from projects like Remittix (RTX), which is leveraging a hybrid model combining decentralized and centralized finance to offer faster and more cost-effective international money transfers. Remittix has raised over $19.1 million through its presale and is preparing to launch a mobile-first wallet with real-time foreign exchange conversion. The project’s focus on user-friendly design and compliance with regulatory standards is aimed at capturing market share from

in traditional remittance corridors [2].

From a technical perspective, XRP is currently testing crucial price levels. The asset is hovering near the $0.60 to $0.62 support zone, a level that has historically acted as a defensive barrier for buyers. A break below this range could trigger a deeper pullback toward $0.58, while a successful move above the $0.64 to $0.65 resistance zone could pave the way for a rally toward $0.68 [1].

Meanwhile,

(TRX) is holding above the $0.34 pivot level, indicating short-term bullish sentiment. Resistance is currently forming between $0.3486 and $0.3650, with a break above this range potentially unlocking higher targets near $0.3802. However, the Relative Strength Index (RSI) is near 71, suggesting a possible pause in momentum for consolidation before the next upward attempt. Immediate support is at $0.3329, with a deeper floor near $0.30 and a critical level at $0.2506 [1].

Cold Wallet’s rapid expansion and strategic integration of Plus Wallet are creating strong momentum for the project, particularly in the cashback and daily crypto usage segments. With a presale currently in Stage 17 and $6 million raised, the project is demonstrating the scalability and market appeal of its approach. This combination of immediate user base, technological innovation, and financial backing is enhancing Cold Wallet’s position as a key player in the 2025 crypto landscape [1].

As the market evolves, the interplay between cold storage solutions, remittance-focused protocols, and established digital assets is contributing to a more diversified and application-driven ecosystem. Projects that offer real-world utility and tangible value to users are gaining traction, aligning with investor preferences for innovation and practical use cases. While forecasts for Cold Wallet and Remittix remain speculative, they reflect a broader trend toward rewarding projects that demonstrate both technological and functional strength [1][2].

Source:

[1] CoinMarketCap, Cold Wallet, XRP, and Tron: Major 2025 Crypto Moves Unfold

(https://coinmarketcap.com/community/articles/689e87b32d04174767fe153f/)

[2]

Insider, SOL ETF hype, price forecasts, and why Remittix is chasing XRP’s market share

(https://www.bitcoininsider.org/article/282760/sol-etf-hype-ada-price-forecasts-and-why-remittix-chasing-xrps-market-share)