XRP News Today: While XRP and SHIB ride volatile waves, Cold Wallet redefines value with rewards-driven innovation.

Ripple’s XRP and Shiba Inu (SHIB) have attracted attention in recent market discussions, but Cold Wallet (CWT) is making waves with its $6.3 million presale and $270 million acquisition of Plus Wallet, establishing itself as a formidable contender in the decentralized crypto space.

XRP’s price has been under pressure, with a 6% drop on Tuesday driven by large-scale investors offloading 460 million tokens. Over 93% of XRP’s circulating supply is currently in profit, but this high exposure could lead to significant profit-taking if the market experiences a bearish event. XRP has fallen below key technical levels, including the 50-day simple moving average, and is now testing $2.78 as immediate support. Analysts note that the token’s price behavior is closely tied to the actions of large holders, who have shown mixed signals in recent weeks. The broader market is also watching Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole, which may influence investor sentiment ahead of further price movements.

Meanwhile, Ripple’s expansion into the stablecoin space through its Ripple USD (RLUSD) and partnership with Circle to bring USDC to the XRP Ledger suggests a strategic push to increase network activity. These developments could enhance the role of XRP as a bridge currency but also pose challenges for its traditional use case. Ripple’s integration of stablecoins into its cross-border payment infrastructure aligns with broader trends in the crypto market, where stablecoin adoption continues to accelerate.

Shiba Inu, on the other hand, has faced a mixed year, with a 7.35% seven-day decline and a 40.5% year-to-date drop. Despite this, analysts like MMB Trader remain optimistic, highlighting strong weekly support levels at $0.000010 and $0.000007 that have historically cushioned the token’s falls. If SHIB manages to retest these levels and hold, it could see a resurgence in bullish momentum. The token has shown resilience in the past, with multiple rebounds from key support levels in 2022 and 2023. Recent predictions suggest potential 100% weekly gains if the token breaks out from its descending trendline, with price targets extending as high as $0.00007716, representing a 517% increase from its current level.

Cold Wallet, however, is setting a new benchmark in the decentralized crypto market with its presale success and acquisition strategy. CWT has raised over $6.3 million in its presale, selling 750 million tokens at a price of $0.00998, with a confirmed launch price of $0.3517 offering a potential 3,423% return. The project differentiates itself by rewarding users for transactions, including gas fees and token swaps, rather than charging them. This model has attracted a significant user base through the Plus Wallet acquisition, bringing in 2 million active users. Cold Wallet’s emphasis on utility and immediate rewards positions it as a strong competitor for the top decentralized crypto title.

Other projects like Avalanche, Polygon, and Solana are also vying for attention. Avalanche is showing signs of technical recovery, with potential for a sharp rally if a double-bottom pattern holds. Polygon is focusing on improving transaction speed through its Heimdall v2 upgrade, while Solana continues to navigate regulatory delays for its ETF proposals despite expanding its ecosystem with cross-chain interoperability and tokenization features.

The crypto market remains highly dynamic, with projects like Ripple, Shiba Inu, and Cold Wallet representing different approaches to growth and adoption. While XRP and SHIB are grappling with market volatility and technical challenges, Cold Wallet’s strategic acquisition and innovative presale model are redefining the landscape. As investors evaluate their options, the balance between established players and emerging projects will be a key factor in determining the next wave of crypto market momentum.

Source:

[1] XRP Price Forecast: Large holders offload 460 million ... (https://www.fxstreet.com/cryptocurrencies/news/ripple-price-prediction-xrp-falls-6-as-large-scale-wallets-offload-tokens-202508200055)

[2] Ripple (XRP) and Stablecoins: 4 Things Investors Need to Know (https://finance.yahoo.com/news/ripple-xrp-stablecoins-4-things-110000919.html)

[3] XRP's price downtrend could continue: Here's 4 reasons why (https://cointelegraph.com/news/xrp-s-price-downtrend-could-continue-here-s-4-reasons-why)

[4] Top Decentralized Crypto: Cold Wallet Raises $6.3M, Save ... (https://blockchainreporter.net/cold-wallet-presale-surges-past-6-3m-as-aave-solana-avalanche-battle-for-top-decentralized-crypto-crown/)

[5] Top Altcoins to Buy: Cold Wallet, Avalanche, Polygon, & ... (https://crypto-economy.com/top-altcoins-to-buy-in-2025-cold-wallet-avalanche-polygon-near-signal-strong-crypto-market-setups/)

[6] SHIBA INU Price, SHIB Price, Live Charts, and Marketcap (https://www.coinbase.com/price/shiba-inu)

[7] Analyst Says Shiba Inu Will Soon Surprise Us with Weekly ... (https://thecryptobasic.com/2025/08/18/analyst-says-shiba-inu-will-soon-surprise-us-with-weekly-100-candles/)