Ethereum News Today: Ethereum drops 8.3% amid macro pressures as XRP and Cold Wallet gain traction

The cryptocurrency market is witnessing a shift in dynamics as Ethereum faces a sharp decline, XRP sees renewed bullish potential, and Cold Wallet emerges as a standout project with a unique reward-based model. These developments are reshaping the landscape in 2025, with market participants closely watching how these assets perform amid evolving macro pressures and technical indicators.

Ethereum (ETH), despite its foundational role in the decentralized ecosystem, recently saw a significant drop from $3,600 to below $3,300, erasing billions in value. The decline has raised concerns among traders, highlighting the vulnerability of even dominant Layer 1 blockchains to macroeconomic pressures, institutional shifts, and sentiment swings. Analysts note that unless key support levels break, the longer-term outlook for Ethereum remains intact. However, the rise of competitors offering faster transactions and lower fees has begun to erode ETH’s dominance in certain performance metrics [1].

In contrast, XRP has emerged as a potential breakout candidate following a $2.4 billion leveraged liquidation that reset market conditions. This event has led analysts to reconsider XRP’s price trajectory, with forecasts pointing toward a potential move toward $0.75 in the near term and a more ambitious target of $1.10 if current momentum continues. Ripple’s ongoing efforts in global banking partnerships and cross-border payment solutions are reinforcing XRP’s real-world utility, despite its regulatory challenges [2].

Meanwhile, Cold Wallet (CWT) is gaining traction with its innovative approach to crypto wallets. Now in Stage 16 of its presale at a price of $0.00942, Cold Wallet has raised over $5.7 million and recently acquired Plus Wallet, adding 2 million users to its ecosystem. The platform is transitioning from a basic storage solution to a comprehensive crypto rewards system, offering cashback on gas fees, swaps, and fiat onramps. The presale is structured across 150 stages, with increasing price points and mechanisms such as halving and capped reward distributions designed to incentivize long-term participation [3].

What sets Cold Wallet apart is its integration of usability with incentives. By combining a user-friendly interface with native reward layers, the platform is creating a self-sustaining ecosystem where every interaction generates value for users. This model, coupled with its multi-chain and DeFi expansion, positions Cold Wallet as one of the most promising projects for 2025.

While Ethereum struggles to stabilize and XRP looks to break out, Cold Wallet is carving a unique path by delivering both real-world utility and strong demand growth. With its current presale price of $0.00942 and rising interest, it could potentially deliver the strongest returns among the three, particularly if its user-driven rewards model continues to attract attention and adoption.

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[1] [Ethereum’s recent decline tests confidence amid macro pressures](https://coinmarketcap.com/community/articles/689356753682913b7730ad96/)