Recent days have shown various trends in the cryptocurrency market. SUI and LINK are facing certain challenges, while Cold Wallet is successfully developing its technologies and attracting users.
Overview of SUI Situation
SUI's price is showing growing positive sentiment as it remains above its recent range. Technical tools reflect bullish momentum after breaking out of a downward pattern and staying above the 9-day moving average. This suggests renewed buying activity with targets in the $4.20–$4.30 range gaining attention.
There is solid footing at the $3.60 mark, providing a cushion in case of short-term pullbacks. Rising open interest supports this optimistic setup, suggesting potential further gains ahead. However, there is still a chance of a drop to $3.20 if demand softens. Overall, the structure supports continued gains if momentum holds.
Current LINK Price and Insights
The recent drop of Chainlink to $17.20 has not rattled market watchers. Despite slipping below 50-day and 100-day moving averages, analysts view this as a buying opportunity. One analyst noted that not purchasing LINK at current levels may mean missing a run toward $20 or even $30 if it clears resistance.
LINK's recovery above $17.80 shows some firmness, though resistance near $17.88 remains in play. The key support to watch is $17.14; if it fails, $16.50 may come into view. Still, many believe the drop is temporary noise in a bigger upward trend.
Cold Wallet's Success Post Plus Wallet Acquisition
Cold Wallet's $270 million acquisition of Plus Wallet was not just a bold move; it was a calculated step forward. It created a platform that ties growth to utility, engagement, and scalability. With over 2 million new users from Plus Wallet, Cold Wallet is gaining traction faster than most crypto products do before going live.
The growth is not random; it is directly linked to practical use. Every transaction on the platform earns rewards in CWT. The referral system adds extra value by rewarding users who onboard others, while the cashback feature keeps people engaged.
Price charts and market trends may draw interest, but meaningful longevity comes from products that deliver real value with every interaction. Both SUI and LINK rely on market sentiment, while Cold Wallet offers a unique approach to growth and user experience.
