Cardano (ADA) is exhibiting a strong technical setup, holding crucial support between $0.74-$0.75 with indicators pointing toward a potential breakout above $0.85. Analysts note a symmetrical triangle pattern on daily charts and a falling wedge breakout on weekly charts, suggesting possible targets of $0.94-$1.17, with $1.80 achievable if bullish momentum accelerates. This optimism is fueled by accumulation at lower levels, ETF rumors, and rising DeFi usage.
Ethena (ENA) has surged 37% weekly, peaking near $0.70 before stabilizing around $0.60. Whale activity drove the rally, with over $1.8 million in buys and massive exchange withdrawals. ENA's Total Value Locked (TVL) jumped 40% to $7.7 billion, supported by USDe stablecoin demand and institutional backing including a $1 million investment from Arthur Hayes and a $260 million buyback program. A decisive break above $0.7982 could propel ENA toward $1.
Meanwhile, Cold Wallet (CWT) is attracting attention in its stage 16 presale priced at $0.00942. The project offers a novel cashback model where users earn CWT tokens for transactions (gas fees, swaps, bridges), with rewards scaling from 10%-100% based on holdings—no staking required. Its 150-stage presale will culminate in a $0.3517 listing price, and with 683 million tokens sold from a 4 billion presale supply, forecasts suggest $2 long-term potential. The ecosystem includes a halving mechanism for reward sustainability and referral bonuses in USDT.