Pi Faces Oversupply, ADA Dips & Cold Wallet Shows Massive Gains Ahead
The post Pi Faces Oversupply, ADA Dips & Cold Wallet Shows Massive Gains Ahead appeared on BitcoinEthereumNews.com.
Despite a generally quiet crypto market, updates tied to individual projects are pushing people to rethink where the real upside may lie. Pi Network is nearing a tipping point due to mounting token releases, while Cardano is under pressure as short-term holders cash out. This stands in stark contrast to Cold Wallet ($CWT), currently available in presale at $0.00743 and eyeing a $0.3517 listing. With privacy becoming a growing concern in the Web3 space, Cold Wallet’s focus on a stealth-driven system and genuine platform use has drawn increasing attention. As sentiment shifts and major names like Cardano show signs of fatigue, there’s a growing trend of funds moving toward lesser-known projects that provide clear plans, functional use, and privacy-oriented features. Pi Price News: Burn Strategy Could Help Stabilize Excess Supply The Pi Network’s challenge lies in balancing hope from recent partnerships with a supply increase that threatens to overshadow progress. May is projected to see 197 million tokens released, which doubles April’s figure. The daily average now hovers at 7 million, with peaks nearing 11.22 million. Since demand is not matching this volume, experts caution that price pressure could worsen unless major steps like burning tokens are taken. Still, Pi has seen growth in adoption. It now connects with Ethereum and Chainlink’s data ecosystem, which expands utility and credibility. If the Pi core team delivers on updates and meaningfully reduces supply, there could be a shift toward price recovery. But until such action is clear, many may turn to other platforms offering better supply control. Cardano (ADA) Market Update: Exit Pressure Builds as CMF Weakens Cardano is showing signs of stress, with profit-taking behavior becoming more widespread. The Long/Short MVRV stands at -18%, its lowest point in five months, reinforcing the likelihood of more exits. This is supported by data…
Filed under: News - @ May 10, 2025 4:25 pm