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Cryptocurrency News Articles

The crypto market never sleeps—and neither do the whales.

Apr 01, 2025 at 12:09 am

In a dramatic shift of capital, investors have begun pulling out of Sui (SUI) and redirecting funds into Coldware (COLD), a rising Layer 1 blockchain

The crypto market never sleeps—and neither do the whales.

In the relentless crypto market, even giants like Sui (SUI) are encountering technical headwinds, causing investors to seek out new opportunities. In a dramatic shift of capital, investors have begun pulling out of SUI and redirecting funds into Coldware (COLD), a rising Layer 1 blockchain that has already raised over $2.1 million in just a few weeks of presale.

Recently, there has been a buzz in the crypto sphere with the entry of Sui (SUI) tokens. Launched in 2023, Sui aims to revolutionize the blockchain industry with its parallel transaction processing and the innovative Move programming language. However, recent reports indicate that retail and institutional investors are growing increasingly concerned as the token faces technical difficulties and approaches a significant token unlock.

As confidence in SUI wanes, whales are now turning to Coldware (COLD), a blockchain designed for speed, accessibility, real-world integration, and tangible utility. In contrast to Sui, which is heavily software-oriented, Coldware stands out with its hardware-enabled vision. The ecosystem includes the ColdBook PC and the Larna 2400 smartphone, both of which come preloaded with ColdWallet, ColdChat, and direct dApp access.

While Sui impresses on paper with 120,000 TPS and zkLogin for user-friendly onboarding, Coldware is delivering on-chain functionality through everyday devices. By enabling mobile lite nodes, users can validate transactions, stake tokens, and explore Web3 without tech barriers. This real-world approach is what’s driving Coldware’s explosive presale.

Coming Soon: The Most Anticipated Ecosystem of 2025

Despite its strengths, Sui's short-term price stability is threatened by the upcoming $151 million token unlock, an event that has sparked worry among investors. With only 31.7% of the total 10B supply unlocked, the prospect of more sell pressure on the token is a concern.

On the other hand, Coldware adopts a leaner token model focused on sustainability, staking rewards, and small-business onboarding. Its ecosystem is designed for real adoption, integrating seamlessly with the ColdBook PC, the Larna 2400 smartphone, and the Coldware Chain.

While Sui has driven gaming innovation with titles like Sui 8192 and SuiPlay0X1, the question remains: can it sustain user momentum with rising token emissions? For whales, Coldware's structured, product-focused roadmap presents a safer and more strategic long-term hold.

Recently, there has been a discussion on the efficiency of zero-knowledge (ZK) rollups in scaling Layer 1 blockchains. ZK rollups are a promising technology for scaling blockchains by bundling multiple transactions off-chain and then posting a succinct proof of their execution to the main chain.

However, some argue that ZK rollups can be complex to implement and maintain, and they may not be suitable for all types of dApps. They also add an extra layer of abstraction, which can make it harder for users to understand how the system works.

An alternative approach is to focus on building a Layer 1 blockchain that is fast, secure, and decentralized enough to handle the throughput needs without relying on rollups. This approach aims to keep dApps running directly on the main chain, simplifying the architecture and improving performance.

Ultimately, the best approach may depend on the specific use case and the trade-offs that are willing to be made. Both ZK rollups and fast Layer 1 blockchains have their own strengths and weaknesses.

The post Crypto Whales Are Pulling Out of SUI and Pouring Millions into COLD in A Dramatic Shift of Capital appeared first on Benzinga.

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