The digital asset market is moving quickly, and a handful of projects are drawing attention for different reasons. Recent reporting around Hyperliquid highlights an increase in reported revenue during periods of heavy DeFi trading, alongside a fee-burn mechanism that the project says is part of its market-structure design.
Stellar (XLM) has also remained in focus, with analysts discussing a range of possible price scenarios alongside indicators tied to network usage. The network has reported 9.69 million enterprise wallets; some market commentary has cited a move toward $0.77 as a speculative scenario, while noting that the $0.50 area has acted as resistance.
Cold Wallet has appeared in some market coverage as a self-custody wallet project that, according to its materials, includes an incentives program tied to usage. The project says it has raised $6.3M in its token sale, with Round 17 pricing at $0.00998 and 740 million tokens sold.
Hyperliquid and Circle Daily-Revenue Comparisons Draw Attention
Hyperliquid, a decentralized perpetuals exchange, has been compared with Circle in daily revenue discussions. Reports cited Hyperliquid generating nearly $7.7M over 24 hours, compared with about $8.8M for Circle over the same window. The activity was also linked in commentary to Hyperliquid’s fee-burn approach (described as 93% by the project) and a reported $629M in on-chain trading volume in a single day, which would place it ahead of some other perpetuals venues such as GMX and dYdX for that period.
Hyperliquid’s token HYPE recently traded as high as $49 before pulling back, underscoring the volatility that can accompany newer DeFi markets. By contrast, Circle’s USDC is a large, widely used stablecoin; the company has stated it holds about $35B in reserves and supports more than $100B in daily transactions, though these figures may vary over time.
The comparison reflects a broader question for observers: whether recent activity represents durable usage or a short-lived surge in trading volume.
XLM and Key Levels Discussed by Analysts
Stellar (XLM) has traded near the $0.42 area in recent sessions, which some technical analysts have treated as support during broader market pullbacks. The network has reported 9.69 million active enterprise wallets and about $150 million in total value locked, alongside estimates of 5,000 to 6,000 new wallets added daily.
Market commentary has highlighted $0.50 as a near-term resistance level. Some analysts have cited $0.60 and $0.77 as potential upside targets if that level is cleared, though such scenarios are uncertain and depend on broader market conditions.
For readers tracking the asset, these discussions typically combine network metrics with technical levels rather than providing any assurance of future price performance.
Cold Wallet: Project-Described Wallet Incentives and Token Sale
Cold Wallet presents itself as a self-custody wallet and says it includes rewards tied to certain actions such as swaps, transfers, and gas-fee payments. These incentives are described by the project as being paid in CWT tokens. As with similar programs, the availability and value of any rewards can change and are not guaranteed.
The project’s materials describe an ongoing token sale that it labels Round 17, with pricing at $0.00998. The same materials state that more than $6.3M has been raised and that 740 million tokens have been sold. These figures have not been independently verified in this article.
More broadly, the project’s pitch centers on combining secure storage with an incentives layer. Readers should note that wallet features, reward structures, and token economics vary widely across projects and can involve technical, regulatory, and market risks.
Any evaluation of such products typically involves reviewing custody design, smart-contract exposure, fee structures, and the terms the project sets for incentives.
Summary of the Three Narratives
Hyperliquid has been in the spotlight due to reported volume and revenue figures that can rise quickly during periods of elevated trading activity, alongside the risks often associated with leveraged DeFi markets. Stellar remains a widely tracked network where analysts continue to discuss key technical levels while monitoring reported wallet growth and on-chain metrics.
Cold Wallet is being discussed primarily through the lens of its project-described wallet incentives and its token-sale fundraising updates, which should be treated as project-reported information rather than a prediction of outcomes.
Cold Wallet links (for reference):
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
