XRP News Today: Cold Wallet Surges 3632% as BNB and XRP Sink in Bearish Downturn

Late August 2025 saw a notable divergence in the performance of major cryptocurrencies, with Cold Wallet ($CWT) emerging as a standout project amid bearish pressures on BNB and XRP. Investors increasingly moved funds into cold wallets, signaling a defensive posture and a shift toward long-term holding strategies in a volatile market [1].

BNB, which had seen a significant 12% drop from its peak, found itself testing critical support at $745 following a $500 million corporate treasury initiative by CEA Industries. Despite the backing of major players like Pantera Capital and YZi Labs, the Binance Coin price outlook remained uncertain, with technical indicators suggesting that a break below $745 could lead to further declines. Analysts noted that while the rebranding to BNB Network Company aimed to strengthen ties with the BNB Chain ecosystem, the broader market remained skeptical about its short-term prospects [1].

XRP faced an even more pronounced bearish trajectory, with large whale movements and on-chain data painting a grim picture. Over 720 million XRP tokens were reported to have been moved out of cold storage, and the MVRV ratio indicated growing distress among holders. Technical analysis by market observers highlighted a TD Sequential sell signal on the 3-day chart, reinforcing concerns about further downward momentum. With key support levels now at $2.40 and below, XRP investors were urged to remain cautious, as the risk of continued declines appeared high [1].

In contrast to the struggles of BNB and XRP, Cold Wallet demonstrated robust growth metrics. The project raised $5.9 million in its presale, sold 703 million tokens, and attracted over 2 million users through the acquisition of Plus Wallet. At $0.00998, CWT’s presale price offered a potential 3,632% return to early investors, assuming the confirmed launch price of $0.3517. The project’s model, which uses transaction fees to fund user rewards and gas rebates, positioned it as a unique contender in the crowded crypto space. Unlike many speculative projects, Cold Wallet already operated a functioning user base and infrastructure, reducing early-stage adoption risks [1].

The broader market sentiment, as reflected by the Fear and Greed Index, leaned toward caution and bearish expectations. While projects like Aave showed mixed signals, the continued outflows from altcoins and the dominance of cold wallet activity underscored the preference for risk mitigation in the current climate. Whale movements and large on-chain transfers added to the uncertainty, with many investors interpreting them as signs of potential selling pressure [4].

Despite the short-term challenges, Cold Wallet’s rapid scaling and clear economic model distinguished it from both BNB and XRP. While BNB’s future remained tied to corporate treasury performance and XRP struggled under selling pressure, Cold Wallet was already executing a launch-ready strategy. Analysts noted that the coming weeks would be critical in determining whether the bearish trends in the market would persist or give way to a more balanced recovery [1].

Source:

[1]title1: BNB Near Key Support, XRP Sinks as Cold Wallet Surges ...

(url1: https://www.ainvest.com/news/xrp-news-today-bnb-key-support-xrp-sinks-cold-wallet-surges-august-2025-crypto-race-2508/)

[4]title4: Aave Fear and Greed Index | Multiple Timeframes

(url4: https://cfgi.io/doge-fear-greed-index/)