In the current conditions of the cryptocurrency market, XRP shows stability, trading between $2.90 and $3.30, while Polkadot is gearing up for potential growth due to upcoming enhancements. Cold Wallet is successfully attracting investments.
XRP's Stagnation: Expectations and Resistance
XRP is currently fluctuating between $2.90 and $3.30 after a strong rally in late July, which peaked around $3.66. Resistance around $3.30 remains firm, while support at $3.05–$3.10 helps prevent deeper drops. Technical indicators are balanced.
Polkadot and Upcoming Upgrades
Polkadot (DOT) is trading around $4.19, but analysts predict it could significantly rise, possibly breaching $10 by late 2025 if upcoming upgrades deliver on expected performance and interoperability. The Polkadot 2.0 rollout, including elastic scaling and enhanced cross-chain functionality, may boost demand.
Cold Wallet: A New Market Player
Cold Wallet has successfully raised $6 million, indicating strong interest and potential. Its cashback model encourages increased usage of the product, and the acquisition of Plus Wallet provided over 2 million active users from the start. Each sold stage narrows the window for investments with high potential.
The analysis of the current situation for XRP and Polkadot indicates that both cryptocurrencies are awaiting catalysts for further growth. Meanwhile, Cold Wallet, thanks to its innovative approach and existing user base, showcases significant potential for development.
