The cryptocurrency market continues to feel pressure following significant institutional investments in Ethereum and growing interest in Solana. Meanwhile, the lesser-known asset Cold Wallet offers transparent investment opportunities.
Ethereum Updates and Institutional Demand
Updates on Ethereum show growing institutional demand. SharpLink Gaming has increased its ETH reserves by over 83,000 coins, bringing the total to 521,939 ETH. This signifies rising confidence from corporate players. However, despite this, a staggering $465 million in outflows from Ethereum ETFs have been recorded in a single day, capping short-term momentum. Ethereum’s price is now struggling to maintain the $3,700 support level.
Solana Price Surge and Institutional Buying
The price of Solana is actively climbing and currently hovers around $168. An increase in institutional buying from companies like DeFi Growth, Upexi, and Artelo Biosciences indicates belief in Solana's future. Despite positive net inflows on the market, there is a total of $1.64 billion in short positions. If this upward pressure holds, the price of SOL could rise by 52% to $257.
Cold Wallet's Upcoming Sale Models
Cold Wallet presents a straightforward upcoming sale model, offering clear terms for investors. The launch price remained fixed at $0.3517, with the number of tokens limited, enhancing the potential for high returns. Previous stages offered lower prices, indicating significant growth potential for early investors. The sales model encourages quick decisions, which has led to substantial interest in the project.
While Ethereum and Solana showcase activity from institutional investors, Cold Wallet offers a unique opportunity for clear returns amidst the current market volatility.
