Recent events in the cryptocurrency space raise questions about the volatility and future of projects like Pi Network and Cardano, as well as the relevance of privacy for users.
Pi Network's Mainnet Launch and its Volatility
Following the mainnet launch of Pi Network in February 2025, its token PI has experienced significant price fluctuations. Initially surging to $1.97, the price dropped to $0.737 before rebounding to approximately $1.29. Currently, PI is trading around $0.64, reflecting a 78% decline from its all-time high of $2.98 recorded in late February. Analysts predict that, with continued ecosystem development, PI could reach between $2.10 and $2.80 by the end of 2025.
Cardano's Technical Breakout and Predictions
Cardano (ADA) has recently broken out of a descending wedge pattern, signaling a potential bullish trend. Following a 17% monthly decline, ADA is now testing key resistance levels. Analysts suggest that if ADA can maintain its momentum and break above the $0.75 resistance, it could target $1.40 soon. However, ADA must hold above the $0.70 support level to sustain this bullish outlook.
The Demand for Privacy in Web3: The Role of Cold Wallet
While many projects focus on scaling speed and transaction volume, Cold Wallet is building the necessary privacy layer for Web3. This platform understands that speed means little if users' personal data remains exposed. By employing zero-knowledge technology, Cold Wallet ensures complete user anonymity. It is crucial for future solutions in the crypto industry to emphasize data protection and user security.
The current trends in cryptocurrency represent a mix of risks and opportunities. The success of Pi Network and Cardano will depend on their ability to adapt to market conditions and user needs, while the importance of privacy in Web3 becomes increasingly paramount.
