Recent developments in the crypto industry have drawn attention to projects with large user bases and high trading volumes. Cold Wallet, Toncoin, and XRP have become central figures in this context.
Cold Wallet and Million Users
The acquisition of Plus Wallet for $270 million has allowed Cold Wallet to instantaneously add over 2 million active users. This figure would have been difficult to achieve organically. Additionally, Cold Wallet offers a self-custody wallet that rewards users for transactions in CWT cryptocurrency, providing real value to users from day one.
Toncoin's Technical Prospects
Toncoin is showing signs of increasing buying pressure, with long positions rising to 50.43% over the last 24 hours. The current price is consolidating below the $3.42 resistance level. Technical indicators, such as RSI and MACD, indicate rising bullish sentiment in the market, suggesting a potential breakout above $3.42 and a move toward a target of $4.10.
XRP Trading Volume After SEC Settlement
XRP trading activity surged following the SEC settlement, with daily volume increasing to $12.4 billion. The price of XRP briefly reached $3.32 before closing at $3.14 due to profit-taking. Despite short-term selling, there are signs of accumulation from institutional traders, indicating sustained interest in XRP.
Cold Wallet’s deal with Plus Wallet highlights the importance of strategic growth in the crypto space, while Toncoin and XRP showcase their strengths. These projects demonstrate the diverse opportunities available in the cryptocurrency market.
