Ethereum News Today: Cold Wallet Presale Hits $5M as Crypto Market Sees Ethereum Rise and XRP Gains Momentum

Cold Wallet’s presale has surpassed $5 million, marking a significant milestone for the platform as it continues to gain traction in the cryptocurrency space. The project, which recently acquired Plus Wallet for $270 million, has integrated over 2 million users into its ecosystem, positioning itself as a key player in the utility-driven crypto adoption narrative. This acquisition is not just about scale—it’s about transforming user behavior by rewarding participation through cashback on gas fees, token swaps, and bridge transactions [1].

Ethereum has maintained its resilience, trading above $3,200 with strong support levels and forming higher lows that suggest increasing accumulation. The market structure indicates that buyers are actively positioning for a potential breakout above $3,600, a move that could set the stage for a broader rally toward $4,000. This technical strength is further reinforced by Ethereum’s expanding utility in both decentralized and enterprise applications [1].

Meanwhile, XRP is showing a stable base near $0.60, with consistent buying interest and a technical outlook that supports further upward movement without entering overbought territory. Indicators like Bollinger Bands and moving averages suggest a narrowing range that often precedes a meaningful price move. A break above $0.65 could signal a new phase of growth driven by real-world adoption in payment and settlement systems [1].

Cold Wallet’s unique value proposition lies in its ability to incentivize usage by flipping the traditional cost-based model. Instead of penalizing users with high fees, it offers cashback in CWT, with top-tier holders earning up to 100% on gas fees. The platform also features a referral system that rewards users in both USDT and CWT, creating a compounding effect that encourages wider adoption. The current presale price of CWT is $0.00923, with a projected launch price of $0.3517, offering early participants a clear upside potential [1].

This strategy aligns with a broader shift in the crypto market, where projects that prioritize utility and real-world application are outperforming speculative assets. Unlike Ethereum and XRP, which rely on technical strength and transactional use respectively, Cold Wallet is building a model where every user action is inherently rewarded, making crypto participation both accessible and financially beneficial [1].

The growing interest in Cold Wallet’s presale reflects a market that is increasingly favoring platforms that return value to users. With over $5 million already raised, the project is attracting attention from investors who are looking for more than just price appreciation—they are seeking projects that enhance the user experience and drive meaningful adoption.

By integrating Plus Wallet’s user base into a reward-first ecosystem, Cold Wallet is creating a self-sustaining loop of value creation and distribution. This approach not only aligns with current market trends but also sets a new standard for how crypto projects can incentivize user engagement [1].

As the presale progresses into stage 15, the platform’s strategy of utility-first adoption is gaining validation. With Ethereum showing renewed strength and XRP building momentum, Cold Wallet is carving out a distinct position in the market by offering a model that turns participation into a financial incentive. For investors asking what crypto to invest in, Cold Wallet’s approach may provide the most compelling answer [1].

Source: [1] Cold Wallet Presale Soars to $5M, Ethereum Holds $3,200, XRP Nears $0.65: What Crypto to Invest In (https://coinmarketcap.com/community/articles/688b7ab9e798744f91d5f9b2/)