In 2025, the digital asset market continues to focus on price momentum, infrastructure development, and transaction throughput. Solana (SOL) trading above $195 has drawn attention to the next price levels some market participants monitor, including $237, although such levels are not guarantees. Separately, activity around Sui’s ecosystem has included new products from Grayscale tied to DeepBook and Walrus, which may offer certain investors additional ways to gain exposure to Sui-related infrastructure. Cold Wallet (CWT) is also being discussed for its wallet model, as described by the project.
Unlike Solana’s move being attributed to broader market demand or Sui-related developments aimed at infrastructure exposure, Cold Wallet describes a wallet design that aims to rebate certain user fees in its native token, CWT. The project presents this as a way to offset some costs associated with on-chain activity; whether and how this works in practice may depend on implementation and market conditions.
SOL price levels watched after move above $195
Solana (SOL) has moved beyond the $195 level during its latest rally. Some traders treat $200 as a psychological threshold, while other commonly cited levels include $237. If SOL falls back below nearby support areas (such as around $190), a pullback is possible, as with any volatile asset.
The move above $195 comes as investors continue to assess Solana’s network usage, competition among layer-1 chains, and broader market liquidity. Any outlook for 2025 remains uncertain and sensitive to both crypto-specific developments and macro conditions.
Sui infrastructure products expand access for some investors
Grayscale has introduced two single-asset trusts, DeepBook (DEEP) and Walrus (WAL), which it says provide accredited investors exposure to Sui-related infrastructure tokens beyond the base SUI asset.
DeepBook is described as a decentralized order book that supports liquidity, while Walrus is positioned as a storage-focused protocol. Following the announcement, DEEP and WAL prices moved higher (DEEP up 12% and WAL up 7% at the time cited), though short-term price reactions can reverse and should not be treated as indicative of future performance. These trusts may provide a way to access infrastructure-linked exposure without holding SUI directly, but they also introduce product-specific risks and limitations.
Both protocols remain relatively early in their lifecycle, which can translate to higher uncertainty and volatility. Longer-term outcomes will depend on adoption, technical execution, and the broader regulatory and market environment.
Cold Wallet outlines a fee-refund model using CWT
Wallet users commonly incur costs such as network (gas) fees, swaps, and bridging charges when interacting on-chain. Cold Wallet says it is building a wallet experience that may refund certain fees to users in its native token, CWT. Details such as eligibility, refund rates, and sustainability are project-dependent and may change over time.
The project reports that it has raised more than $6.4 million and sold more than 754 million tokens during its token sale. It also describes staged pricing and has discussed an intended future listing price; any future listing, pricing, and liquidity are uncertain and not guaranteed.
Cold Wallet characterizes its approach as a wallet that aims to return value to users through fee refunds rather than functioning solely as a storage and transaction interface. As with any token-linked incentive design, outcomes depend on product adoption, token economics, and market conditions.
Looking ahead
These three stories reflect different parts of the crypto market. Solana’s price movement highlights ongoing interest in high-throughput networks, but price levels can shift quickly. The Sui ecosystem’s infrastructure tokens are also attracting attention through new investment vehicles, while still carrying early-stage risks. Cold Wallet is being discussed for a wallet concept centered on token-based fee refunds, though its model remains dependent on execution and external conditions.
Readers should treat project-reported figures and forward-looking statements cautiously, particularly where token sales, listings, and incentives are involved.
Cold Wallet links (for reference):
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
This article references a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
