WeWake (WAKE) Pre-Sale Hits First Milestones in July as Ethereum (ETH) Takes a Breath

Crypto presales are gaining new traction, but not where many expected. While Ethereum's recent rally captured attention, the pace has begun to slow. This has created space for new crypto presales projects to take center stage, especially ones solving real onboarding problems. One such, WeWake, is emerging as a key focus as investors look beyond traditional Layer 1s.

Ethereum (ETH) still looks strong

Crypto presales attention is shifting as Ethereum’s recent rally shows early signs of losing momentum. After climbing above $3,800, Ethereum has failed to break past key resistance levels. The price has started to consolidate, with many traders watching for a potential correction in the short term.

On the daily chart, Ethereum remains above both its 100-day and 200-day moving averages, which sit around $2,500. The breakout above $2,800 was strong, but the current movement has created upper wicks near $3,800. These wicks suggest that there is ongoing selling pressure. If Ethereum does not close above this level soon, analysts expect a potential pullback toward $3,300. This level may serve as new support since it marked the previous breakout area.

On the 4-hour chart, bearish divergence has appeared between price and RSI. While the price made a new high, RSI formed a lower high, which could point to weakening momentum. Ethereum is now trading within a range between $3,500 and $3,800. If it drops below $3,500, the next support lies near $3,200. Funding rates are rising but remain moderate, which suggests traders are cautious and not overly leveraged.

WeWake (WAKE) gains attention during crypto presales shift

As Ethereum trading slows, crypto presales activity is moving toward projects like WeWake. WeWake is promoting a walletless, gasless blockchain designed to remove barriers for new users. This new Layer 2 network enables users to join with just a Google or Telegram login, without installing a crypto wallet or holding ETH.

The project uses smart contract wallets through ERC-4337 and manages gas fees through a built-in Paymaster system. This structure lets users perform actions like swaps or NFT mints without needing to buy ETH first. Developers can also integrate WeWake using a software development kit (SDK), which supports simplified onboarding in dApps.

The ongoing crypto presales event for the WAKE token is helping to fund the network. The token will be used for governance, staking, activity rewards, and integration access. According to the team, the network’s testnet is planned for Q4 2025, with a full mainnet release expected in 2026.

WeWake’s model focuses on one-click access and developer tools

WeWake offers a unique approach in the current wave of crypto presales. Its onboarding model removes the need for seed phrases, gas payments, or browser extensions. Users can join Web3 platforms as easily as using a Web2 application.

This method is powered by zk-rollup Layer 2 scaling and multi-party computation (MPC) authentication. With this setup, users receive smart wallets when they log in with OAuth-based services like Google or Telegram. All technical complexity is abstracted from the end user, allowing developers to reach new audiences without friction.

The platform also supports various use cases such as DeFi apps, NFT mints, social bots, and Web2 service integrations. The WeWake SDK is now available for early developers, who can request access during the crypto presales phase. Early supporters also receive token-based incentives including staking opportunities and activity rewards.

With attention shifting from Ethereum to upcoming projects, WeWake is positioned as a core player in the current crypto presales market. Its walletless design and gasless transactions align with growing demand for easier Web3 onboarding.