XRP News Today: Ethereum drops below $3,300 as XRP eyes $1.10 and Cold Wallet gains traction ahead of 2025

Ethereum has experienced a significant price correction, dropping below $3,300 after trading near $3,600, catching many market participants off guard. The decline has reignited discussions about the long-term resilience of the platform, especially with growing competition from alternative blockchains offering superior scalability and lower transaction fees. Despite the dip, Ethereum’s foundational role in the crypto ecosystem remains intact, underpinned by its smart contract dominance and extensive developer community. Analysts suggest the drop could represent either a healthy retracement or a sign of deeper correction if key support levels fail to hold [1].

XRP, on the other hand, is showing signs of a potential rebound following a $2.4 billion leverage flush that has reduced open interest and cleared the path for a more favorable technical outlook. The move has prompted a re-evaluation of XRP’s price trajectory, with mid-term projections pointing to a potential rally toward $1.10. Structural support near $0.60 has held firm, reinforcing the view that the recent turbulence was a necessary reset rather than a rejection of its long-term value. Ripple’s continued expansion in cross-border payments and real-world banking partnerships further supports XRP’s utility case [2].

Amid the shifting landscape, Cold Wallet (CWT) is emerging as a notable contender for 2025. With its Stage 16 presale currently priced at $0.00942, the project has raised over $5.7 million and recently integrated Plus Wallet, bringing in over 2 million users. This acquisition has transformed Cold Wallet into a unified platform offering rewards across gas fees, swaps, and fiat ramps, all while maintaining self-custody and DeFi access. The presale is structured to increase in price over 150 stages, aligning long-term incentives with user adoption. Cold Wallet’s integration of a halving schedule and capped monthly reward volumes further reinforces its focus on sustainable growth and value creation [3].

The project’s evolution from a simple wallet into a full-fledged rewards engine has drawn attention due to its user-first approach and practical utility. The platform’s multi-chain compatibility and upgraded interfaces are designed to scale adoption while offering tangible benefits for everyday use. Combined with its growing user base and real-world utility, Cold Wallet is being positioned as a top contender in the crypto space heading into 2025.

Ethereum’s price instability highlights the ongoing challenges faced by even the most established platforms in the crypto market. Meanwhile, XRP’s potential for a $1.10 rally reflects growing confidence in its ecosystem and broader adoption efforts. In this evolving landscape, Cold Wallet is emerging as a strong contender, leveraging both technological innovation and user incentives to position itself for sustained growth [4].

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[1] https://coinmarketcap.com/community/articles/68927ffc224d8d2a95dd864e/