Ethereum News Today: Ethereum Surpasses $4500 as ETF Inflows Hit $1 Billion

Ethereum’s price has surged past the $4,500 level, a critical threshold not seen since 2021, driven by a combination of strong ETF inflows and institutional buying activity. BlackRock’s Ethereum ETF alone attracted over $640 million in a single day, with total inflows approaching $1 billion. The growing interest from institutional players and corporate entities is tightening ETH’s supply, reinforcing upward momentum and signaling a shift toward mainstream adoption [1].

Meanwhile, Shiba Inu (SHIB) is in a tight battle around its $0.00001295 support level. A successful hold could push the price back toward $0.00001385, potentially sparking renewed buying interest. However, a break below this level may send it down to $0.00001167. On-chain data shows mixed signals, with the MACD indicating easing bearish pressure but on-chain metrics revealing shorter holding times and diminishing long-term support, suggesting a fragile investor base [1].

While Ethereum’s rally and SHIB’s support level are generating attention, Cold Wallet’s (CWT) presale has become the breakout story. The project has raised over $6 million with 706 million tokens sold, and Stage 17 is nearing completion at $0.00998. Stage 1 began at $0.007, and the confirmed listing price of $0.3517 highlights the potential for significant returns. The token’s utility is another key factor—Cold Wallet automatically refunds gas, swap, and bridge fees in CWT, effectively offsetting transaction costs and turning regular activities into recurring earnings [1].

The next stage, Stage 18, could further shift the ROI dynamics and attract more participants. Cold Wallet also benefits from Plus Wallet’s acquisition, which brings an existing user base of over 2 million active users. This provides Cold Wallet with instant adoption and eliminates the need for slow organic growth. As the presale progresses, the window for early entry is narrowing, and the potential for higher returns is becoming increasingly time-sensitive [1].

The asymmetrical upside of Cold Wallet’s presale stands out in a market where most opportunities are already priced in. Unlike Ethereum’s rally and SHIB’s rebound, Cold Wallet offers a clear path to high-multiple returns, especially as the token approaches its listing price. Investors are advised to act quickly, as the presale’s progression is rapid and the supply is limited.

Source: [1] Ethereum Bullish Rally and Shiba Inu Support Level in Focus, but Cold Wallet’s $6M Presale and Stage 18 ROI Edge Steal the Spotlight

(https://coinmarketcap.com/community/articles/68a29278bdfa855e1b1fd3be/)