Ethereum Breaks $2,300 Barrier as Institutional Interest Grows

Ethereum has surged past the $2,300 mark, reaching $2,543, as bullish sentiment returns to the cryptocurrency market. This milestone highlights Ethereum’s resilience and growing institutional interest, with $92 million worth of ETH withdrawn from exchanges. Additionally, the Ethereum Foundation has allocated $32 million to support ecosystem development, further fueling optimism for the digital asset’s future.

Ethereum Surges Past $2,300 as Altseason Gains Momentum

Ethereum has broken through the $2,300 barrier, reigniting bullish sentiment across the cryptocurrency market. The second-largest digital asset by market capitalization now trades at $2,543, demonstrating resilience after reclaiming key technical levels.

Institutional interest appears to be accelerating, with $92 million worth of ETH reportedly withdrawn from exchanges. The ethereum Foundation’s allocation of $32 million for ecosystem development further underscores growing confidence in the network’s long-term prospects.

Technical indicators flash green across the board. The breach of the $2,285 breakout structure (BOS) level, combined with bullish RSI and Bollinger Band signals, suggests sustained upward momentum may lie ahead.

Ethereum Price Surges Past Key Resistance Amid Bullish Pattern Confirmation

Ethereum breached the $2,400 barrier for the first time since January 2025, fueled by a 6.7% intraday rally to $2,448 during Friday’s session. The breakout follows Ethereum’s Pectra upgrade and Brazil’s crypto futures announcements, with ETH now trading at $2,505.92—a 40% monthly gain.

Market technicians highlight the decisive clearance of the $2,380 resistance, a level that constrained price action for months. Analysts interpret the high-volume breakout as potential catalyst for a new bullish phase, with sustained momentum likely to attract further institutional interest.

Ethereum Breaks Above $1,900 Realized Price, Signaling Bullish Turn

Ethereum surged 44% in a week to $2,600 following the Petra upgrade, which introduced mechanisms to reduce ETH supply. The rally pushed the asset above its realized price of $1,900—a critical threshold indicating long-term holders are now in profit.

Binance saw over 98,000 ETH inflows, while USDT withdrawals raised short-term liquidity concerns. Market sentiment has clearly shifted bullish, with technical and fundamental factors aligning for ETH.

Lido Launches DAO Vote After Oracle Key Compromise

Lido contributors have initiated an emergency DAO vote following the detection of a compromised oracle key operated by Chorus One. The key, critical for data reporting, was flagged after an unexpected ETH balance depletion. Protocol security remains intact, with all other oracles verified as uncompromised.

Oracle operations have resumed after minor delays, while the root cause investigation continues. The incident underscores the importance of robust security measures in decentralized systems. Updates will be shared on Lido’s research forum once the investigation concludes.