The cryptocurrency market is witnessing numerous interesting events that may impact trends in 2025. Four main stories are in the spotlight: Cold Wallet's success, Monero's pressure, Cardano's growth, and Chainlink's achievements.
Cold Wallet: Successful Presale Launch
Cold Wallet (CWT) has drawn attention with a successful presale launch, raising a total of $6.4 million. In its 17th stage, the price is $0.00998, with a locked launch price at $0.3517, promising high ROI potential. The key feature is its cashback utility model, which returns CWT tokens for each transaction without staking. The momentum is further enhanced by a $270 million purchase of Plus Wallet, attracting over 2 million active users.
Monero Under Pressure Due to Security Issues
Monero (XMR) is facing difficulties following reports that the Qubic mining pool gained majority control over the network's hashrate. This raised concerns about a potential 51% attack and jeopardized decentralization. This week, XMR's price fell nearly 16%, reaching around $252. The community hopes for a swift resolution, but worries about Monero's privacy and security continue to loom.
Cardano and Chainlink Show Growth
Cardano (ADA) has risen 33% over the past week, breaking above $1.00 on the back of heavy whale accumulation. Indicators suggest strong long-term interest, with forecasts pointing to growth potential between $1.60 and $1.75. Chainlink (LINK) also reached a seven-month high after launching new features and tools, contributing to a 42% increase in its value over the week. These developments enhance the positions of Cardano and Chainlink in the DeFi sector and traditional finance.
The cryptocurrency market continues to evolve, and this week's events highlight significant trends. Cold Wallet showcases an interesting approach to presales, Monero faces challenges, while Cardano and Chainlink reaffirm their importance in the market. These changes may influence investor choices in 2025.
