XRP News Today: Toncoin Drives Growth on Telegram Ecosystem Expansion XRP Faces 5% Dip Amid ETF Hopes Cold Wallet Hits $6.3M Presale

The cryptocurrency market has seen a surge of activity in July, with Toncoin, XRP, and Cold Wallet each drawing attention for distinct reasons. Toncoin has gained momentum through increased DeFi and NFT activity on Telegram's blockchain, with DeFi volume nearly doubling and NFT trading seeing a significant uptick. A notable event was the Snoop Dogg NFT drop, which sold nearly one million items in just an hour, highlighting the coin's growing appeal and real-world adoption [1].

Telegram further fueled interest by launching its TON Wallet for U.S. users, giving over 87 million people direct access to Toncoin within their messaging app. This integration blurs the line between mainstream communication and decentralized finance, positioning Toncoin at the intersection of mass adoption and technological innovation [1].

XRP is also navigating a pivotal moment, with whale activity indicating strong accumulation—over 320 million tokens have been hoarded in recent weeks. Analysts have suggested that, should historical patterns repeat, the price could potentially break out to as high as $13. However, the coin has recently seen a 5% dip, with resistance levels estimated near $3.35 or $3.40 [1]. The ETF optimism surrounding XRP is tempered by the need for sustained market sentiment and legal stability before significant price gains can be realized.

In contrast, Cold Wallet is gaining traction through a unique utility-driven approach. The project incentivizes everyday crypto actions—such as paying gas fees, swapping tokens, and bridging funds—by offering cashback in its native token $CWT. This model transforms routine expenses into earning opportunities and has attracted a considerable amount of interest, with the presale currently at Stage 17, having raised $6.3 million and sold over 740 million tokens [1].

Cold Wallet’s appeal is further strengthened by its $270 million acquisition of the Plus Wallet, which brings over 2 million active users on day one. The platform is designed to be user-friendly and mobile-first, eliminating onboarding barriers such as KYC requirements. Additionally, future Layer-2 integrations aim to reduce transaction fees and even enable gasless transactions, making the platform more accessible for daily use [1].

What sets Cold Wallet apart from many speculative projects is its focus on utility and real-world adoption. Every action within the app contributes to long-term value creation, rewarding consistent use rather than one-time hype. This model aligns with a growing trend in the crypto space where investors are increasingly prioritizing projects that offer tangible, everyday benefits [1].

While Toncoin demonstrates the power of ecosystem expansion through Telegram, and XRP remains in a holding pattern due to market resistance, Cold Wallet presents a different value proposition. It leverages real-time utility and instant adoption to create a product that appeals to both casual and active crypto users. In a market often driven by speculation and short-term trends, Cold Wallet’s emphasis on everyday utility may position it as a leader in the next phase of crypto adoption [1].

Source: [1]Toncoin Ecosystem Expansion & XRP ETF Buzz Build Momentum While Cold Wallet $6.3M Presale Rewards Everyday Crypto Use (https://coinmarketcap.com/community/articles/68a68a694b03e574f343574c/)