You are here: Home / News / BNB Chain Remains Balanced Below $700, Coldware Capture HNW Attention After Web3 Mobile Announcement

February 22, 2025 by Vaigha Varghese
Binance Coin (BNB) is struggling to maintain momentum, hovering below the $700 resistance level, while a new Layer-1 blockchain, Coldware (COLD), is rapidly gaining traction among high-net-worth (HNW) investors. As BNB tries to push higher, Coldware’s Web3 mobile blockchain ecosystem is generating excitement, leading investors to shift focus toward a project with more potential for long-term scalability.
Coldware (COLD): The Layer-1 Gaining HNW Interest
Unlike Binance Smart Chain, which relies heavily on centralized exchanges for liquidity, Coldware (COLD) is a fully decentralized Layer-1 blockchain designed for mobile-first blockchain adoption. The project is gaining traction among institutional investors and high-net-worth individuals who recognize its potential as a leading smart contract platform.
Why is Coldware (COLD) gaining so much attention?
- Web3 Mobile Integration: Unlike Binance Smart Chain, which focuses on DeFi and meme coin trading, Coldware (COLD) is optimized for mobile transactions, IoT connectivity, and AI-powered smart contracts.
- Scalability & Low Fees: With near-zero transaction fees and the ability to process millions of transactions per second, Coldware (COLD) offers a far more efficient blockchain infrastructure than BNB.
Institutional Adoption: Unlike BNB, which is increasingly being criticized for listing low-quality projects, Coldware (COLD) has attracted serious investment from high-net-worth individuals looking for long-term utility.
Binance Coin (BNB) Fights to Hold Key Support Levels
BNB price has seen a short-term recovery from the $630 support zone, climbing above $650 but failing to sustain momentum above $660. Technical indicators show that BNB is facing strong resistance at $662, with any breakout attempts being rejected.
A key trend line at $655 is acting as resistance, preventing further upward movement. If BNB breaks past this level, it could aim for $680, but a failure to hold above $650 could trigger a downward move toward $630 or lower.
While BNB investors hope for a breakout, Coldware (COLD) is already attracting high-net-worth individuals looking for an early-stage investment opportunity in a scalable Web3-focused blockchain.
BNB Struggles While Coldware (COLD) Gains Market Share
With Binance Coin (BNB) facing resistance below $700, more investors are shifting toward projects that offer real innovation. The lack of a clear roadmap for Binance’s Layer-1 improvements and the over-reliance on exchange-based trading volume has made BNB less attractive for serious investors.
As Coldware (COLD) continues to expand its Web3 mobile blockchain ecosystem, it is becoming clear that the next phase of crypto adoption will be centered around Layer-1 projects designed for real-world integration rather than speculative exchange trading.
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