Solana (SOL) has surged past the $200 psychological barrier, climbing over 20% in the past week amid significant exchange outflows. $85 million worth of SOL left exchanges on August 11, reducing sell pressure as holders moved tokens to private wallets. Technical indicators show a bullish symmetrical triangle formation and golden cross on the MACD, with 67% of Binance traders positioned long. A short squeeze could trigger if prices approach $219, where $95 million in shorts reside. Macro tailwinds from softer U.S. inflation and potential rate cuts further support targets of $237, $287, and ultimately $500.
Meanwhile, SUI gained 20% weekly to test resistance at $4.14, with 24-hour trading volume jumping 35.42% to $2.35 billion. While the RSI at 61.54 hints at overbought risks, open interest rose 8.10% to $2.15 billion, and a positive MACD suggests upward bias. A breakout above $4.14 could propel SUI toward $4.71 and $5.29 Fibonacci targets, though failure risks retracement to $3.20.
Cold Wallet (CWT) dominates presale momentum, raising $6.2 million with 735 million tokens sold in Stage 17 priced at $0.00998. The project's acquisition of Plus Wallet ensures immediate liquidity and user adoption at launch, with integrated fiat on/off ramps, encrypted recovery systems, and a live reward ecosystem. This positions investors for a 4,900% ROI versus the projected $0.3517 listing price – the final presale stage before market repricing based on real utility metrics.