The market’s recent turbulence is highlighting which projects are holding key levels and which are losing momentum. Near Protocol (NEAR) climbed past $2.60 before profit-taking trimmed gains, though price action remained near recent support.
Ethereum (ETH) is showing a similar dynamic. After a period of elevated sell pressure, it has continued to trade around the $3,640 area, which some traders view as an important support zone.
Separately, Cold Wallet ($CWT) has been drawing attention due to its ongoing token sale. The project says Stage 17 is more than halfway allocated, with 706 million tokens claimed and $5.9 million raised.
Near Protocol Recovery Holds, But Resistance Levels Test Buyers
Near Protocol (NEAR) rose about 5% in 24 hours, moving from $2.47 to $2.60 alongside increased trading activity (around 3.36 million in volume, as cited in market data). After moving out of the $2.47 to $2.52 range, the $2.51 area was watched as near-term support while price tested the $2.61 level.
Late-session volatility trimmed some gains as profit-taking picked up. If buying pressure returns, levels such as $2.65 and $2.70 may be watched for potential follow-through. Until then, the market remains focused on whether support holds or another range forms.
Ethereum Faces Elevated Sell Pressure With Support Holding So Far
Ethereum (ETH) has been trading through a period of heavy selling, with Net Taker Volume cited at a $418.8 million drop in one day. Even so, ETH has been holding around $3,643 as buyers and sellers remain relatively balanced, limiting the size of the pullback so far.
On-chain metrics point to continued network activity, with new addresses reportedly rising by nearly 30% and wallet activity increasing. Market participants are also watching the $3,950 area; a sustained move above it could shift near-term momentum, while a failure to reclaim it may extend consolidation.
Cold Wallet Token Sale Update: Stage 17 Figures and Project Claims
Stage 17 of the Cold Wallet token sale has drawn interest, with the project reporting that more than half of the stage allocation has been taken. According to figures shared by the project, $5.9 million has been raised and over 706 million tokens have been sold so far. The project lists a stage price of $0.00998.
Cold Wallet also describes a 150-stage structure in which the token price increases as each stage is completed. Such structures are typically set by the project and may change; participation terms and pricing should be reviewed in the project’s own materials.
The project says it acquired Plus Wallet for $270 million and that the platform has more than 2 million active users. It also highlights features such as gas fee rebates and activity-based reward tiers, though details and eligibility are determined by the project.
As with any early-stage token sale, reported fundraising totals and planned product features do not guarantee future performance, and readers should treat projections with caution.
Quick Recap
Recent market action shows Near Protocol pushing out of consolidation, then meeting late-session selling that tested the durability of the move. Ethereum has been holding near the $3,640 area despite elevated sell pressure, with $3,950 standing out as a level traders may watch for a shift in momentum.
Cold Wallet is on a separate timeline, with the project reporting $5.9 million raised and more than 706 million tokens allocated as of Stage 17, at a listed price of $0.00998.
Cold Wallet links (for reference):
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This article is for informational purposes only and does not constitute financial or investment advice.
