July has been a month of volatility for the crypto market, but a few projects stand out. Ethena (ENA) shows impressive growth, while Uniswap rolls out the new Angstrom exchange.
Ethena: Growth and Predictions
Ethena (ENA) has surged from $0.30 to nearly $0.60 in July, doubling its price in just weeks. The rally has attracted trader attention, and analysts now suggest that $0.80 may be the next target. However, ENA's volatility remains a key factor, as evidenced by previous sharp price spikes.
Uniswap and Angstrom: A New Era of Fair Trading
Angstrom, the new exchange from Uniswap Foundation, promises to free users from price manipulation. Developed with support from Sorella Labs, this DEX employs private orders and batch auctions to combat interference from miners and bots. With $7.5 million in funding, Angstrom aims to eliminate hidden costs in DeFi, ensuring more predictable and secure trading.
Cold Wallet: Unique Cashback System
Cold Wallet introduces a new concept by turning every transaction into an opportunity for cashback. Users can earn $CWT tokens for activity, including token swaps and gas payments. The presale of tokens has already begun, and the feedback protocol ensures access to real-time cashback.
While Ethena and Uniswap grab attention for their short-term potential, Cold Wallet demonstrates real utility with its cashback system. These projects highlight the diversity of approaches within the cryptocurrency space.
