Ethereum News Today: Ethereum Climbs 58% in July as Bullish Signals Intensify

Generated by AI AgentCoin World
Wednesday, Aug 6, 2025 2:13 pm ET1min read
Aime RobotAime Summary

- Ethereum approaches $4,000 with 58% July surge, supported by golden cross and RSI but faces historical resistance.

- Solana rebounds to $181.22 with $178–$180 support, rising EMAs and $10.36B open interest signaling potential $230+ move.

- Cold Wallet (CWT) gains attention via $5.6M presale, 3,633% projected returns, and 2M+ new users post-Plus Wallet acquisition.

- Market focus shifts to CWT's usage-driven model as Ethereum tests key levels and Solana strengthens technical patterns.

Ethereum continues to gain momentum as it inches closer to the $4,000 level, having surged 58% in July alone. The latest price analysis shows ETH trading near $3,780, with a 63.6% probability, according to prediction markets on Myriad, that it will surpass its all-time high of $4,891 before the end of 2025. Technical indicators such as the golden cross, RSI, and ADX are all reinforcing a bullish outlook. However, traders are cautious, noting that $4,000 has historically been a key resistance level since 2021, and ETH will need stronger volume and sustained price action to break through for good [1].

Solana is also showing signs of strength, trading at $181.22 after recovering from a brief pullback below $175. The $178–$180 range has now become a strong support level, with the 20- and 50-day EMAs rising in support of the uptrend. The broader technical pattern remains constructive, as Solana trades within a macro triangle and shows rising volume near the $195 area. With a long/short ratio of 3.72 and $10.36 billion in open interest on Binance, the futures market suggests upward pressure is building. A daily close above $195 could propel the asset toward $230 and beyond [1].

While both Ethereum and Solana are showing bullish signals, attention is increasingly shifting to Cold Wallet (CWT), a lesser-known project that has already raised over $5.6 million in its presale. The project is currently in Stage 16 of 150 total, with the price rising to $0.00924 from $0.007 in Stage 1. With a projected listing price of $0.3517, early buyers could see a return of approximately 3,633%. Cold Wallet’s model is driven by usage: every transaction, swap, or gas fee automatically rewards users with CWT tokens, creating a self-sustaining demand. The project recently acquired Plus Wallet for $270 million, bringing on more than 2 million new users and accelerating growth. With whales already accumulating, and the low entry price still under a cent, CWT is drawing serious investor attention [1].

The current market dynamics suggest that while Ethereum and Solana remain strong performers with clear technical and market-based support, Cold Wallet presents a unique opportunity tied to real-world usage and a high-growth presale model. As the crypto market enters a new phase, these three assets are likely to remain in the spotlight, with Ethereum testing key resistance levels and Cold Wallet potentially delivering explosive returns for early participants [1].

Source: [1] Top Cryptos You Can’t Miss: Ethereum Breaks Higher, Solana Flashes Bullish Signal, Cold Wallet Offers Massive 50x Upside! (https://cryptonewsland.com/top-cryptos-you-cant-miss-ethereum-breaks-higher-solana-flashes-bullish-signal-cold-wallet-offers-massive-50x-upside/)

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