Solana’s (SOL) price update signals the coin is in a descending triangle, which could mean a 10% drop if the $160 support level fails. Cardano’s (ADA) outlook is more severe, with patterns pointing to a possible 25% slide toward $0.53 as selling pressure rises.
While these two face short-term declines, Cold Wallet (CWT) is growing ahead of launch. Its $270M Plus Wallet purchase brought in over 2 million users instantly. The presale at Stage 17 with a $0.00998 price per token still points to a possible 3,423% ROI at launch. In a market like this, a model turning gas fees into rewards stands out as a practical approach.
Solana Nears Crucial Support with 10% Decline Risk
Solana’s price is showing pressure below its June peak, shaping a descending triangle, often a sign of more downside. At present, SOL trades near $163, holding just above $160 support, with bearish signs building. A fall below this point may lead to a drop toward $153. On-chain numbers show $18.6 million moving out from SOL spot markets, hinting at caution from larger players.
Even so, price dips can open buying chances if demand returns. Lower prices could give buyers a better position ahead of any rebound. Key signs to watch are renewed inflows, a bounce from support, or a move above $166, which could suggest Solana is setting up for its next upward shift.
Cardano Could Face a 25% Decline
Cardano (ADA) has weakened after failing to stay above $0.74, with some market watchers expecting a move down to $0.53. On-chain data shows fewer tokens moving off exchanges, which may signal a drop in confidence. More than half of traders are short, adding to downward pressure.
Indicators like the MACD and on-balance volume are sliding lower, showing weaker momentum. While this points to a possible 25% fall, it may also create a more attractive entry point for long-term buyers. The focus will be on whether volume rises or ADA bounces from key levels before making moves. The direction ahead depends on whether buyers return or sellers keep control.
Cold Wallet Secures Major Advantage with Plus Wallet Takeover
Cold Wallet’s $270 million takeover of Plus Wallet is more than just a large deal; it is a focused move to boost growth before launch. This step instantly brought more than 2 million active users into its network, a level that most blockchain platforms need years to reach after launch.
By adding Plus Wallet’s system, Cold Wallet boosts its cashback rewards plan from the first day of full rollout. Every swap, gas fee, or transfer becomes part of an earning cycle instead of just a cost, giving people a reason to use it over MetaMask or Trust Wallet.
Frustration with complicated wallet designs is growing, and Cold Wallet is placing itself as the easier and more rewarding choice. With $5.85 million already collected in its presale, Stage 17 price set at $0.00998, and Stage 1 price at $0.007, the chance for the highest ROI is already closing.
The fixed launch value of $0.3517 means a 3,423% return for those buying now before more stages end and the profit range narrows. This deal is more than a big headline; it speeds up years of user growth, adoption, and utility in one move.
Final Say
The Solana (SOL) price update points to near-term weakness as on-chain data shows net outflows. Cardano’s (ADA) price pressure reflects bigger challenges, with over half of traders holding short positions. Cold Wallet, however, is growing with clear, measured results; $5.85 million raised, Stage 17 entry at $0.00998, and a fixed launch price of $0.3517.
Stage 1 buyers at $0.007 are now seeing a 4,923% ROI projection. With more than 2 million users secured before launch, a working cashback rewards model, and no need for hype alone, Cold Wallet is in a strong position for high returns before wider market sentiment 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.
