Recently, the cryptocurrency market has been showing active developments, especially in the projects of Ethena and VeChain. One of the notable models is Cold Wallet, which offers unique advantages for users.
Ethena’s Evolution: Demand for ENA
Ethena's (ENA) price has significantly increased due to active user interest and substantial purchases. The latest 28% rise was driven by actions from large investors and a growing demand for stablecoins. ENA reached $0.70, while analysts predict near-term targets around $0.85 and $1.00 based on key Fibonacci levels.
VeChain: New Opportunities and Integrations
VeChain continues to accelerate its development with protocol upgrades and partnerships with major companies. Recent changes, such as the launch of Stargate and the Hayabusa testnet, aim to enhance functionality and reduce transaction costs. A partnership with Franklin Templeton will also support token-based payments.
Cold Wallet: A Cashback Model for Users
Cold Wallet offers a unique model where users receive rewards for their transactions, such as covering gas fees or swapping assets. This model deviates from traditional approaches by turning everyday cryptocurrency usage into a source of value. So far, the project has raised over $5.75 million and continues to attract user attention.
The developments of Ethena and VeChain, along with the Cold Wallet model, showcase a variety of innovations in the crypto world. Each of these directions holds significance and potential that investors and users will be keeping an eye on.
