Ethereum News Today: Cold Wallet Presale Hits $6.2M as Ethereum Targets 15% Gains and Chainlink Eyes 60% Surge

Cold Wallet’s $6.2M presale has gained significant traction in early-stage crypto markets as Ethereum and Chainlink show renewed bullish momentum [1]. Ethereum (ETH) recently traded near $4,293 following a record $1.02 billion inflow into spot ETFs, with BlackRock alone purchasing 150,000 ETH worth $640 million. Total ETF inflows now stand at $10.8 billion, marking ETH’s strongest position in over two years and leaving it approximately 15% below its November 2021 peak. On-chain metrics further support the positive outlook, with exchange balances hitting a nine-year low, suggesting reduced sell pressure and stronger institutional participation [1].

Technical charts also point to a constructive setup for Ethereum, with resistance at $4,352 and a key target of $4,800 in sight. Analysts argue that if institutional demand remains robust, ETH could break through the current resistance, aligning with its potential as a leading asset in the next market cycle [1].

Chainlink (LINK) also appears poised for a notable move, having broken through long-standing resistance levels. Analysts forecast up to a 60% increase in the coming months, supported by stronger demand and improved on-chain supply dynamics. A new partnership with Intercontinental Exchange (ICE) has added credibility by bringing high-grade financial data to blockchain, expanding Chainlink’s use cases beyond decentralized finance [1]. Short-term price targets suggest a $26 level in the coming weeks, with $31–$32 expected in the following months, and a longer-term target of $35–$36.

Meanwhile, Cold Wallet (CWT) has raised over $6.2 million through its presale, which is now in Stage 17 at $0.00998 per token. The project’s unique approach includes an existing user base of over 2 million, acquired through the $270 million Plus Wallet integration, and a live cashback mechanism that rewards users for basic wallet activity [1]. This model creates a direct utility-driven value proposition, with each transfer, swap, or bridge returning fees in CWT, thus incentivizing continuous engagement without the need for staking or lockups [1].

The tokenomics also favor early adopters. From its initial price of $0.007, the price gradually increases with each stage, with a final listing target of $0.3517. This offers a potential 3,423% return for early buyers. With 740 million tokens already sold and demand outpacing supply, Cold Wallet’s presale has created a scarcity effect that could drive further price appreciation [1].

What differentiates Cold Wallet from ETH and LINK is its pre-existing network effect. Rather than waiting for post-listing adoption, Cold Wallet is already active with a live user base, offering immediate network utility. This model reduces the risk of post-launch stagnation and provides a clearer, faster ROI path compared to more speculative or market-dependent assets [1].

Analysts note that while both ETH and LINK have strong bullish cases, Cold Wallet’s active product model, coupled with tangible utility and early adoption, may offer a more direct path to outsized returns. If current momentum continues, the most favorable price brackets could close before listing, reinforcing the urgency for potential investors [1].

Source: [1] Cold Wallet’s $6.2M Presale Sprints Ahead as Ethereum Targets $4,800 & Chainlink Builds for a 60% Run This Year (https://coinmarketcap.com/community/articles/68a5d471a43e08132deffeee/)