XRP News Today: XRP Open Interest Rises 20% as Legal Clarity Boosts Institutional Sentiment

XRP futures activity has surged, with open interest rising by 20%, signaling increased trader activity and speculative positioning ahead of potential price movement [1]. Technical analysis suggests that a breakout above the $0.72 resistance could lead to a rally toward $0.80, with some forecasts projecting a movement toward $1 and even $6 by August [1]. The renewed legal clarity surrounding XRP in the U.S. has also contributed to a more favorable institutional sentiment, potentially accelerating its price trajectory [1].

Meanwhile, Pi Network has shown signs of growing technical strength, with its price analysis indicating the potential for a 10x rally if it can maintain support above $0.75 and push toward $1.20 [2]. The network benefits from a large, engaged user base of over 47 million, which analysts argue could catalyze the formation of a viable economy once its mainnet is fully launched [2]. The Pi Network’s long-term potential is seen as a strong candidate for crypto investors targeting 2025 and beyond [2].

Cold Wallet’s CWT token, however, is emerging as a project with a more structured and sustainable approach. At the current Stage 17 presale price of $0.00998, the token has raised $6.09 million with 726.17 million tokens sold [3]. The tokenomics are designed to prioritize utility and community rewards, with 40% of the 10 billion total supply allocated to the presale, and 25% to the Rewards Pool to fund gas rebates, swaps, and incentives [3]. Liquidity is supported by 12% of the supply, and 10% is reserved for ecosystem growth, while team and advisory allocations are locked under strict vesting schedules [3].

The token’s distribution model is intended to prevent oversaturation and promote long-term stability. A 10% unlock at the Token Generation Event, with the remainder released over three months, reinforces gradual and controlled growth. Additionally, referral incentives are drawn from the Rewards Pool, with both referrer and referee receiving 10% and 5% respectively, subject to the same vesting rules [3]. This structure ensures that Cold Wallet’s growth is driven by community participation rather than short-term speculation [3].

While XRP and Pi Network attract attention for their potential short- to medium-term gains, Cold Wallet stands out for its focus on long-term value creation and structured tokenomics. With a clear path to 50x returns if post-launch targets are met, it offers a compelling case for investors seeking both upside potential and sustainability [3].

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[1] https://coinmarketcap.com/community/articles/68a1007468c9d7798de74726/