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Cryptocurrency News Articles

Solana (SOL) Whales Migrate to Coldware (COLD), Pushing Its Price to a New Benchmark: $0.00625

Mar 31, 2025 at 11:00 pm

While Solana (SOL) faces resistance near the $200 mark, Coldware (COLD) continues to expand its ecosystem of real-world blockchain tools.

Solana (SOL) Whales Migrate to Coldware (COLD), Pushing Its Price to a New Benchmark: $0.00625

Solana (SOL) has long been recognized for its high-performance blockchain capabilities, but recent market signals are casting doubt over its short-term price path. As a bearish indicator emerges on the Solana (SOL) chart, investor sentiment is shifting—and whales are now moving capital toward Coldware (COLD), pushing its price to a new benchmark of $0.00625.

While Solana (SOL) faces resistance near the $200 mark, Coldware (COLD) continues to expand its ecosystem of real-world blockchain tools. From decentralized payment infrastructure to integrated minting platforms and secure blockchain hardware, Coldware offers a tangible use case evolution that legacy chains like Solana (SOL) have yet to fully deliver.

Whale migration is no longer just a rumor. On-chain movement suggests large Solana (SOL) holders are opting for Coldware’s upside, driven by real-world application and rapid growth in the PayFi and DePin sectors.

Crypto analyst Ali Martinez recently issued a warning based on the Tom DeMark (TD) Sequential indicator, suggesting a downside reversal could be imminent for Solana (SOL).

Historically, this indicator has been accurate in identifying SOL price bottoms—but this time, it shows a sell signal as the indicator completed the ninth (green) candle on the daily chart. The market’s reaction? A wave of capital flowing into alternative infrastructure plays, led by Coldware (COLD).

Solana (SOL) is now trading about 53% below its all-time high of $250. While bulls hope for a rebound, the technical setup combined with stagnant on-chain activity paints an uncertain picture. In contrast, Coldware is gaining traction rapidly, reaching a new price milestone of $0.00625 thanks to rising presale participation and ecosystem announcements.

Whales that once drove Solana (SOL) toward its $250 peak are pivoting to Coldware—not because they’ve lost faith in Solana, but because Coldware’s growth trajectory now mirrors what Solana (SOL) offered in 2021. The difference? Coldware (COLD) is delivering utility-first adoption, not hype.

With its DePin model, IoT blockchain integration, and a Layer-1 ecosystem designed for payments, Coldware is appealing to large investors tired of memecoin cycles and speculative token swings.

Coldware’s $0.00625 price tag may still seem low, but the trajectory is steep. Backed by its own network and real-world applications in smart payments and programmable tokens, it’s positioning itself not just as an alternative to Solana (SOL)—but as an evolution of what SOL started.

Meanwhile, Solana (SOL)’s path to reclaiming $200 is now met with caution. Analysts say a break past $208 is needed to regain bullish sentiment. Until then, whales appear more comfortable banking on Coldware’s utility-driven growth.

As Solana (SOL) enters a technical grey zone and Coldware (COLD) breaks new ground, the crypto market is setting the stage for a pivotal shift in market leadership.

The post Solana Whales Are Pivoting To Coldware As New Price Benchmark Reaches $0.00625 appeared first on Benzinga.

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Other articles published on Apr 02, 2025