Ethereum News Today: Ethereum Surges Past $4,300 on Rising Wedge Pattern and Institutional Adoption

Ethereum's price has surged past $4,300, breaking key resistance levels and showing signs of a potential breakout above $4,352. Technical indicators suggest a rising wedge pattern, with support near $4,232 and potential targets reaching as high as $4,800 or even $5,000 if the trend continues [1]. Institutional adoption is also a key driver, with corporate treasuries holding approximately 1.6% of Ethereum’s supply and increased reserves from firms like SharpLink Gaming [1]. Analysts note that sustained activity above $4,200 could set the stage for ETH to reach $10,000 in the long term, positioning it as a strong candidate for explosive growth [1].

Meanwhile, Stellar (XLM) is gaining traction in the cross-border payment sector, with real-world adoption by major players like MoneyGram and Circle [1]. The platform’s compliance-friendly approach has enabled it to integrate into global financial systems, including discussions with central banks on CBDC initiatives [1]. Although Stellar’s price movement is less volatile than other cryptocurrencies, its consistent performance and utility in international transactions make it a compelling option for long-term investors seeking stability and real-world utility [1].

Cold Wallet (CWT) is generating significant buzz in the presale market, having raised over $6.3 million and selling more than 691 million coins. Currently in Stage 17 of its presale and priced at $0.00998, Cold Wallet has a confirmed listing price of $0.3517, offering a potential 3,000% return on investment [1]. What sets Cold Wallet apart is its innovative model of paying users back through gas, swap, and bridge fee refunds in CWT coins, a first in the crypto space [1]. The acquisition of Plus Wallet, which added 2 million active users before launch, further strengthens Cold Wallet's position by providing immediate adoption and engagement [1].

Compared to Ethereum’s reliance on institutional momentum and Stellar’s steady but slower growth, Cold Wallet offers a unique fixed ROI model with a guaranteed listing price and a built-in cashback rewards system [1]. This combination of explosive presale potential and real-world utility positions Cold Wallet as a standout project for 2025 [1]. While Ethereum and Stellar remain strong contenders, Cold Wallet’s immediate traction and high-growth model make it one of the most compelling options for investors seeking the next crypto to explode [1].

Source: [1] Cold Wallet’s Presale Frenzy, Ethereum’s $4,300 Breakout, and Stellar’s Cross-Border Growth – Next Crypto to Explode (https://coinmarketcap.com/community/articles/68a523c36c44a00b0a34a910/)