Recent Near Protocol price action included a move above a previously watched resistance area, with NEAR trading above the mid-$2.4 range amid higher volume. Meanwhile, PEPE has traded near an area some analysts describe as support, with price direction likely to depend on forthcoming volume and market conditions.
Separately, Cold Wallet (CWT) is conducting a token sale. The project’s website states it has raised $5.9 million and sold more than 703 million tokens, using a multi-stage pricing format described in its materials.
Project materials describe Cold Wallet as a wallet product that includes token-based rewards tied to certain on-chain actions.
Near Protocol News: Price Breaks Key Resistance
Recent Near Protocol news highlights a move above the $2.495 level on August 6 alongside increased trading volume. NEAR traded in a narrow $2.387–$2.517 range before a volume-backed move saw intraday gains from $2.44 to $2.47 within an hour.
Market commentary also pointed to elevated activity around $2.448, with transaction bursts reported above 150,000 units. Daily volume was cited at 3.44 million, more than twice a recent average, with a fresh price area near $2.466 monitored by traders as potential support.
Some analysts attribute the relative strength to ongoing developer activity and cross-chain work, though the impact of such factors on market price can vary.
PEPE Coin Price Consolidates Ahead of Possible Reversal
The PEPE coin price has traded in a consolidation range near an area that has held during prior rallies. This level has seen multiple daily candle closes, suggesting ongoing two-way interest. After a rejection from the value area high, the market rotated lower, bringing the price back to this area.
Analysts note that reclaiming the point of control, combined with above-average bullish volume, would typically be viewed as a prerequisite for any move back toward the previous swing high. Until then, the PEPE coin price remains range-bound, with volume patterns in the coming sessions likely to influence the next direction.
Cold Wallet token sale: project-reported figures and product claims
Cold Wallet (CWT) says it has raised more than $5.9 million in its token sale and that over 703 million tokens have been sold. The project describes the sale as a staged process with price changes from stage to stage.
According to the project’s description, the wallet includes a rewards mechanism that distributes CWT tokens in connection with certain actions such as gas spending, swaps, and fiat–crypto conversions. The project also describes tiered incentives for larger balances, including the possibility of higher rebates, and says these features do not require staking or lockups.
Cold Wallet also states it acquired the Plus Wallet app for $270 million and that the acquisition brings more than 2 million active users into its ecosystem. These figures and claims have not been independently verified in this article.
Project website (for reference): https://coldwallet.com/
The Bottom Line
NEAR’s move above the $2.495 area, as covered in recent Near Protocol news, came alongside higher trading activity. PEPE has remained near a commonly cited support area, with market participants watching whether volume changes materially.
Cold Wallet’s token sale figures and product features are based on claims published by the project and should be evaluated carefully, as early-stage tokens can carry significant risks, including liquidity, execution, and disclosure risks.
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
