Recent price signals show Solana (SOL) stuck in a descending triangle pattern, with a potential 10% fall if its $160 support fails to hold. Cardano (ADA) faces a steeper downside risk, with technical readings pointing toward a possible 25% drop to $0.53 amid increasing bearish momentum.
While these two assets deal with short-term selling forces, Cold Wallet (CWT) is moving in the opposite direction, showing growth even before its official launch. The $270M Plus Wallet acquisition instantly integrated more than 2 million active users into its system. Meanwhile, its Stage 17 presale at $0.00998 still leaves room for a projected 3,423% ROI at launch. In a market where gas fees can be turned into rewards, this approach stands out.
Solana Nears Critical Price Level as 10% Dip Threatens
Trading below its June peak, Solana is showing signs of weakness. The descending triangle setup often hints at further losses, and with SOL currently around $163, just above the $160 threshold, bearish pressure is mounting. If this level gives way, a move toward $153 becomes likely. On-chain data revealing $18.6 million in net outflows from spot markets suggests cautious sentiment among major holders.
For those watching closely, lower prices could provide a chance to accumulate before any rebound. Key signals for a potential turnaround include renewed inflows, a bounce from the $160 zone, or a breakout above $166.
Cardano Could Face a 25% Decline
After failing to sustain levels above $0.74, Cardano has shown increased weakness. Analysts see a possible slide toward $0.53, supported by on-chain figures showing fewer coins leaving exchanges, a sign of waning confidence. More than half of traders are holding short positions, which further amplifies bearish pressure.
Momentum indicators such as the MACD and on-balance volume are both trending downward, pointing to fading buying interest. This outlook suggests a potential 25% drop, but also the possibility of a lower entry zone for those waiting for long-term gains. Watching for changes in trading volume or a bounce from strong support will be key.
Cold Wallet’s $270M Acquisition Reshapes the Web3 Wallet Space
The $270 million purchase of Plus Wallet by Cold Wallet is a strategic move aimed at accelerating growth before launch. This acquisition brought in over 2 million active users instantly, numbers that many blockchain projects take years to reach.
By integrating Plus Wallet’s network, Cold Wallet boosts its cashback rewards system from day one. Every transaction, gas payment, and transfer can now become a source of earnings instead of an expense, offering a more user-focused option compared to MetaMask or Trust Wallet.
With user frustration rising over complex wallet interfaces, Cold Wallet is positioning itself as an easier, more rewarding option. The presale has already secured over $5.85 million, with Stage 17 pricing fixed at $0.00998, up from $0.007 at Stage 1. The launch price is locked at $0.3517, giving early participants the chance for a 3,423% return. Over 701 million coins have been sold, and the window for maximum upside is narrowing as stages progress.
This acquisition shortens the path to adoption, user engagement, and functional utility, packing years of growth into one decisive step.
Final Remarks!
Solana’s short-term forecast points to potential weakness if selling pressure continues, while Cardano faces a bigger drop risk as technical and sentiment indicators remain negative. In contrast, Cold Wallet is building clear momentum, over $5.85 million raised, Stage 17 pricing at $0.00998, a launch value of $0.3517, and millions of users secured before going live.
Those who entered at Stage 1’s $0.007 are already looking at a projected 4,923% ROI. With a functional cashback model, strong user base, and growth strategy not reliant on hype, Cold Wallet stands out as a strong pre-launch opportunity ahead of broader market shifts.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.