Ethereum News Today: Cold Wallet Presale Surges as ETH, HYPE, and BNB See Mixed Institutional and Market Moves

The month of August 2025 has become a pivotal period in the cryptocurrency market, with significant price movements, substantial institutional activity, and presale projects generating considerable buzz. Among the altcoins drawing attention are Cold Wallet, Ethereum (ETH), Hyperliquid’s HYPE token, and Binance Coin (BNB). These assets represent a blend of innovation, adoption, and market resilience.

Cold Wallet, a presale project offering cashback in $CWT tokens for everyday crypto activities, has emerged as a standout. At $0.00998 during stage 17 of its presale, the token already has a market raised of over $5.8 million. The project provides immediate rewards for users, with no delays in functionality, making it an active and practical option. Some estimates suggest the token could have over 13 times growth potential, with a projected starting market value of $0.3517. The presale structure includes 150 stages, with each stage increasing in price, reinforcing its appeal as a low-cost entry point for early adopters [1].

Ethereum continues to display strong fundamental progress, despite a minor pullback from its recent high of $3,940 to around $3,620. Institutional purchases, such as SharpLink Gaming’s acquisition of over 83,000 ETH, highlight continued demand, although ETF outflows have contributed to short-term selling pressure. The coin remains well-supported near the $3,400 level and is closely watched for a potential breakout above $4,000, which could lead to a move toward $4,500. On the technical front, Ethereum’s Pectra upgrade has added wallet-level smart contracts and new staking tools, while upcoming upgrades like FlexiContracts and EVMx are expected to further reduce gas fees and enhance execution speed [1].

Hyperliquid’s HYPE token is currently trading around $37.50, down from a peak of $50, reflecting a 28% decline. However, the token’s structure remains robust, with 97% of all protocol fees allocated to buybacks, reducing supply and supporting long-term growth. The decentralized exchange it powers has over 70% market share in its category. Short-term price projections for HYPE fall between $26 and $38, with potential to reach $70 by year-end if user activity continues to rise. The token is particularly appealing to active traders due to its fast reward payouts and reduced gas costs, making it a volatile but high-engagement option [1].

BNB, currently trading near $760, has shown resilience despite a drop from its earlier high of $855. Institutional investments, including more than $1.2 billion from firms like Windtree Therapeutics and CEA Industries, have bolstered demand. Binance has also introduced the BNB Holding Interest Program, which expands the token’s utility beyond the exchange. Technical analysis indicates a rising trend, with support between $710 and $760 and resistance near $860. A breakout above $860 could push the price toward $1,000, while a dip to $700 is unlikely to last given the strong foundation. BNB’s growing adoption, including plans for integration into Apirone’s payment system, further supports its position as a key altcoin in August [1].

The overall market in August reflects a mix of consolidation and potential breakout scenarios. Ethereum maintains strong fundamentals, HYPE operates in a high-growth environment with buyback mechanisms, and BNB benefits from institutional backing and expanding use cases. However, the most unexpected entrant in the top altcoin list is Cold Wallet, which combines practical use with a cashback model, making it an appealing option for both short-term and long-term investors [1].

Source: [1] August’s Top Altcoins: Cold Wallet, ETH, HYPE, and BNB in Focus (https://cryptofrontnews.com/augusts-top-altcoins-cold-wallet-eth-hype-and-bnb-in-focus/)