Ethereum Soars Beyond $2,600 as Institutional Demand Fuels Bullish Rally

Ether’s price surged past $2,600, driven by strong institutional demand and dwindling exchange reserves. The cryptocurrency reached $2,650 before stabilizing at $2,617, marking a 24-hour range of 6.97%. With $321 million flowing into ether-linked products and exchange reserves hitting multi-year lows, the market is witnessing a significant supply crunch. This bullish momentum underscores growing confidence in Ethereum’s long-term potential.

Ether Surges Past $2,600 as Institutional Demand Sparks Bullish Momentum

Ether extended its rally Monday, breaching key resistance levels as institutional inflows hit their highest since December. The cryptocurrency climbed to $2,650 before settling at $2,617, maintaining a 24-hour range of 6.97% amid strong accumulation signals.

Investors poured $321 million into ether-linked products last week while exchange reserves dwindled to multi-year lows. The supply crunch coincides with technical confirmation of bullish structure—higher lows hold above $2,600 as support firms NEAR $2,610.

A New Profit Model in DeFi: OKToken Challenges Traditional Earning Strategies

The decentralized finance (DeFi) sector is evolving beyond complex trading strategies and risky yield farming. OKToken, a next-generation ERC-20 asset on Ethereum, offers a mathematical alternative to speculation. Its price formula—USDT reserve divided by circulating supply—creates predictable growth, unlike volatile crypto markets.

By eliminating reliance on market swings or human decision-making, OKToken provides long-term benefits without staking or farming. This model could redefine how investors approach DeFi, prioritizing transparency and stability over unpredictability.

Symbiotic Launches ’Relay’ SDK to Enable Cross-Chain Staking

Symbiotic, a universal staking protocol positioning itself as an EigenLayer competitor, has introduced Relay—a software development kit (SDK) designed to facilitate secure staking across multiple blockchains. The SDK enables protocols to stake assets on ethereum and verify that stake on any other chain, eliminating the need to bootstrap new validator sets or rely on centralized solutions.

Restaking protocols like Symbiotic allow users to reuse staked collateral across multiple networks, unlocking additional yield opportunities. Relay generalizes this functionality, offering developers a toolkit to build verifiable coordination layers for decentralized applications (dApps) spanning multiple ecosystems. "This makes it easy to build bridges, oracles, or rollups secured by real stake without sacrificing decentralization," the team stated.

Money Flooding Into Ethereum—Is the Momentum Building for the ETH Price Rally to $4000?

Ethereum’s price surge to $2,625 reflects growing institutional interest, fueled by record ETF inflows in 2025 and SEC-approved staking programs. The breach of the $2,550 resistance level, supported by 288K in trading volume, signals a bullish trend. A morning star pattern on monthly charts suggests a long-term reversal, while declining CEX reserves hint at accumulation and self-custody.

Technical indicators reinforce optimism: rising Open Interest, ascending triangle formation on daily charts, and a rebounding CMF. The $2,691-$2,712 range now acts as critical resistance. Market sentiment aligns with Ethereum’s fundamental strengths—regulatory clarity, institutional adoption, and technical resilience—setting the stage for a potential push toward $3,000.

Ethereum ETFs Extend Inflow Streak to 11 Days as Institutional Demand Grows

BlackRock and Fidelity dominated Ethereum ETF inflows on June 2, collectively attracting $78.17 million in fresh capital. The iShares Ethereum Trust ETF captured $48.40 million while Fidelity’s offering secured $29.78 million, marking the eleventh consecutive day of positive flows for ETH-based funds.

Cumulative net inflows now stand at $3.12 billion since launch, with staking yields and institutional adoption fueling sustained interest. Market analysts observe this streak mirrors Bitcoin ETF trajectories, suggesting growing mainstream acceptance of Ethereum as a core crypto asset.