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Ethereum and Stellar Respond to Market Trends: Cold Wallet Launch

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by Giorgi Kostiuk

2 hours ago


Recent weeks have seen a surge in activity in the Ethereum and Stellar markets, while Cold Wallet is preparing for launch with a substantial audience.

Ethereum Approaches Record Activity

Ethereum's network activity is rebounding towards 1.9 million daily transactions. The 50% increase in the gas limit has decreased fees for DeFi and stablecoin transfers to under $1, encouraging greater use of decentralized applications. Analysts note that rising interest from retail and institutional investors is also driving this trend.

Stellar to $0.60: Key Levels and Upgrade Impact

Stellar (XLM) has stabilized at $0.44, with potential support levels at $0.42 and $0.40. The upcoming Protocol 23 upgrade is expected to improve network scalability, potentially driving prices up to $0.60 and beyond under positive market sentiment.

Cold Wallet: Launching with 2 Million Users

Cold Wallet (CWT) is set to launch with over 2 million active users. The project has already raised $6.2 million in presale funding, and its rewards system incentivizes active participation. Cold Wallet has the unique advantage of entering the market with a pre-established audience and a functional incentive system for users.

The markets for Ethereum and Stellar show signs of resilience and growth, while Cold Wallet enters the market with impressive user data and an innovative model that could significantly change the cryptocurrency landscape.

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