The cryptocurrency market is showing continued activity, especially with Stellar and Near Protocol. These projects are grabbing the attention of investors due to their high performance and innovative solutions.
Overview of Stellar (XLM)
Stellar (XLM) has demonstrated impressive growth at the end of July, increasing by 75-85%. It is currently trading around $0.44, having recovered from a recent dip. Support is at $0.39 while resistance ranges from $0.46 to $0.52. If XLM can break through this resistance, analysts predict a possible rise to $0.71, and even $1 in the future.
Performance of Near Protocol (NEAR)
Near Protocol (NEAR) has also shown positive dynamics, increasing from $2.61 to $2.79 since July 25. Currently, support can be observed at $2.61, while resistance is in the range of $2.83-$2.90. NEAR is showing interest from major players and good trading activity, which could contribute to continued growth.
Future Potential of Cold Wallet
Additionally, the Cold Wallet project promises to change the approach to cryptocurrency transactions by turning transaction fees into rewards. Currently, the token price for CWT stands at $0.00942, with an expected launch price potentially reaching $0.3517. While current forecasts indicate the potential for significant growth, investors should approach this project with caution.
Current trends in Stellar and Near Protocol highlight that projects with real value continue to capture attention in the cryptocurrency market. Cold Wallet's potential also stimulates interest, but further confirmation of the viability of this solution is necessary.
