Ethereum News Today: Ethereum Holds Above $3,640 Amid Major Sell-Off, NEAR Breaks Consolidation as Cold Wallet's Stage 17 Nears Sell-Out

Ethereum continues to demonstrate resilience despite facing one of its largest single-day selling events, with the price holding firm above $3,640. The network has absorbed significant sell pressure while maintaining on-chain growth, including a 30% increase in new addresses and active wallet counts. Analysts highlight that a sustained move above $3,950 could mark the start of a stronger uptrend, whereas failure to break through may lead to extended consolidation [1].

Similarly, the Near Protocol (NEAR) has shown strength in recent trading sessions. The price climbed from $2.47 to $2.60 within 24 hours, breaking a week-long consolidation range. Larger market participants contributed to the rise, with daily trading volume reaching 3.36 million units. Although late-day profit-taking pulled the price back slightly, the core support level at $2.51 remains intact. A push above $2.65–$2.70 could set the stage for the next leg of the upward move [1].

Cold Wallet (CWT) is gaining attention for its Stage 17 presale, which is drawing strong demand from traders looking for high return opportunities. More than 50% of the allocation has been claimed, with 703 million CWT sold and over $5.9 million raised. Priced at $0.00998, the token offers a potential 3,423% return based on the confirmed launch price of $0.3517. This stage is considered one of the last major opportunities for a four-digit ROI, as future stages will feature higher entry prices and reduced return potential. Early buyers from Stage 1, who entered at $0.007, could see returns of up to 4,900% [1].

Cold Wallet also brings real-world utility to the table, serving more than 2 million active users through its Plus Wallet acquisition. The platform offers features such as gas fee rebates and tiered activity rewards, giving CWT immediate functional value even before public trading begins. As the presale progresses, the difference between the current price and the projected launch price continues to shrink, making Stage 17 a critical window for maximizing potential gains [1].

Traders are increasingly prioritizing projects that can maintain structural support amid volatility. Both NEAR and ETH have shown resilience, but Cold Wallet stands out for its direct ROI potential and tangible use cases. The speed of Stage 17’s sellout suggests growing interest in the token, with many seeking to capitalize before the final launch. As the market continues to test endurance and adoption, projects with both price strength and real-world integration are likely to lead the next phase of growth [1].

Source: [1] Ethereum Holds Ground & NEAR Recovers; Traders Rush to Secure 4-Digit ROIs as Cold Wallet’s Stage 17 Nears Sell Out, Crypto Economy (https://crypto-economy.com/ethereum-holds-ground-near-recovers-traders-rush-to-secure-4-digit-rois-as-cold-wallets-stage-17-nears-sell-out/)