Ethereum News Today: NEAR Rises 5% as ETH Resists Sell Pressure and Cold Wallet Hits 3423% ROI Potential

The cryptocurrency market exhibited contrasting movements as Near Protocol (NEAR), Ethereum (ETH), and Cold Wallet ($CWT) showed varied resilience amid ongoing volatility. NEAR surged 5% in 24 hours, rising from $2.47 to $2.60, fueled by institutional accumulation and a trading volume of 3.36 million [1]. This breakout confirmed new support at $2.51 while testing the $2.61 resistance. Although late-session profit-taking reduced gains, NEAR maintained structural support, keeping its recovery intact. Further advances beyond $2.65 and $2.70 could trigger a stronger rally.

Ethereum (ETH) faced record sell pressure, with net taker volume declining by $418.8 million in a single day [1]. Despite this, ETH held firm around $3,643 as buyers absorbed the increased supply. On-chain data revealed a 30% increase in new wallet addresses and growing overall activity, pointing to continued network expansion. A move toward $3,950 remains the key upside target for bulls, as breaking this level could reignite broader bullish momentum.

Cold Wallet ($CWT) is gaining traction in its presale, with Stage 17 already more than halfway sold. The project has raised $5.9 million and sold 706 million tokens at the current price of $0.00998 [1]. The confirmed launch price of $0.3517 creates a potential 3,423% return for investors at this stage. Earlier buyers in Stage 1, who purchased tokens at $0.007, could achieve a 4,900% return. The 150-stage pricing model ensures gradual price increases, progressively narrowing the ROI gap. At the current pace, Stage 17 may be one of the last opportunities to access such high returns.

Cold Wallet’s market entry has been supported by strategic moves, including the $270 million acquisition of Plus Wallet, which brought in 2 million active users [1]. The platform also offers features such as gas fee rebates and activity-based reward tiers, enhancing long-term utility. The growing presale interest and structured price escalation model position Cold Wallet as a project with strong community engagement and clear upside potential.

The divergent performances of NEAR and ETH highlight the fragmented nature of the crypto market, where some projects maintain buyer support while others endure heavy selling. Meanwhile, Cold Wallet’s presale dynamics present a distinct narrative centered on adoption and structured capital growth. As the market continues to consolidate, these differing paths are likely to influence investor strategies and risk allocation.

Source: [1] NEAR Jumps 5%, ETH Resists Historic Sell Pressure, Cold Wallet’s $5.9M Presale Offers Rare 3,423% ROI Gap! (https://crypto-economy.com/near-jumps-5-eth-resists-historic-sell-pressure-cold-wallets-5-9m-presale-offers-rare-3423-roi-gap/)