Ethereum’s Resilient Rally: Institutional Demand Sparks Bullish Momentum

Despite broader market uncertainties, ethereum (ETH) has demonstrated remarkable resilience, climbing 2.5% to $2,610 as of July 11, 2025. This uptick defies recent market declines and hints at a potential reversal, with ETH posting a 6.5% weekly gain and a 7% increase over the past two weeks. Notably, institutional interest remains robust, as spot-based ETH ETFs have recorded eight consecutive weeks of net inflows, including 61,000 ETH ($159 million) this week alone. Such sustained demand from Wall Street could be the catalyst for Ethereum's next bull run, even as the asset remains 15% below its price from a year ago. The combination of technical recovery and institutional accumulation suggests growing confidence in ETH's long-term value proposition.

Ethereum Price Prediction: Institutions Haven’t Stopped Buying for 8 Weeks – Will Wall Street Trigger the Next Bull Run?

Ethereum's price climbed 2.5% to $2,610 today, defying broader market declines amid lingering tariff uncertainties. Despite a 15% drop over the past year, ETH has gained 6.5% this week and 7% in the last fortnight, signaling a potential reversal.

Spot-based ETH ETFs have recorded eight consecutive weeks of net inflows, with this week's tally reaching 61,000 ETH ($159 million). Glassnode data reveals only one week of outflows since mid-April, underscoring sustained institutional demand.

CoinShares reports show Ethereum consistently outperforming altcoins in fund flows. The combination of robust ETF inflows and Ethereum's strong fundamentals suggests long-term bullish momentum may be building.

Eigen Labs Restructures Workforce Amid Strategic Pivot to EigenCloud

Eigen Labs, the developer behind Ethereum's leading restaking protocol EigenLayer, has reduced staff despite holding over $12.2 billion in Total Value Locked. CEO Sreeram Kannan announced the restructuring via social media, framing it as a strategic shift toward building "the world's first verifiable cloud platform."

The move follows a pattern of workforce adjustments across crypto firms, though Eigen Labs distinguishes itself with generous severance terms. Departing employees receive three months' base pay, continued healthcare coverage, accelerated equity vesting, and career transition support. The crypto community has responded with job offers for affected staff.

EigenLayer's TVL dominance in Ethereum restaking remains unaffected by the operational changes. The protocol continues enabling users to re-stake ETH across multiple services—a key innovation in decentralized finance infrastructure.

Ethereum Eyes $3,000 as Technicals and On-Chain Data Signal Bullish Momentum

Ethereum (ETH) is poised for a potential breakout above $3,000, trading NEAR $2,670 with strong technical support. The asset has reclaimed key moving averages—50, 100, and 200-day lines—a milestone often preceding sustained upward trends. Higher lows and improved momentum underscore the bullish structure, while tapered trading volume suggests accumulation rather than weakness.

Binance data reveals a striking outflow of 285,000 ETH (5.34% of its holdings) in June, signaling long-term investor confidence as assets migrate to private wallets. On-chain metrics like the RSI at 60 indicate healthy momentum without overbought risks. A decisive breach of $2,700 resistance could ignite the next rally phase.

Ethereum Bulls Eye $3K as Price Surges 5%, Breaks Key Resistance Levels

Ethereum's native token ETH has mounted a decisive rally, climbing above the $2,720 resistance level with a 5% surge that positions it for a potential test of $3,000. The second-largest cryptocurrency by market capitalization now trades firmly above its 100-hour moving average, demonstrating sustained bullish momentum.

Technical indicators reveal a parabolic curve forming with robust support at $2,750 on the ETH/USD hourly chart. The asset successfully retested the 23.6% Fibonacci retracement level from its recent swing low of $2,516, establishing a new higher high at $2,795 before entering consolidation. Market observers note that maintaining support above $2,720 could catalyze another leg up.

Key resistance levels loom at $2,800 and $2,840, with a decisive break above $2,880 potentially accelerating gains toward $2,910. The current price action suggests institutional accumulation is outpacing Bitcoin's performance in the near term, as ETH continues to attract capital inflows.

Ethereum Nears $2,800 Amid 7% Surge as Resistance Looms

Ethereum surged 7% in under 24 hours, reaching $2,787 during early Asian trading—a four-week high not seen since June 12. Despite the rally, the asset faces stiff resistance near $2,870 and hasn't breached $3,000 since February. Analysts remain bullish, with Michaël van de Poppe noting ETH is "on the edge of a big breakout."

Ted Pillows highlighted potential liquidations at $2,800, comparing Ethereum's trajectory to Bitcoin's 2020-21 cycle. Merlijn The Trader drew parallels between ETH and the Dollar Index, suggesting "2020 vibes with trillions in play." The market watches for steps 4 and 5 in what he calls the "reversal wave."

Greece Freezes Crypto Tied to Lazarus’ $1.46 Billion Bybit Hack

Greek authorities have successfully frozen cryptocurrency assets linked to the Lazarus Group's $1.46 billion hack of Bybit, marking a pivotal moment in the global crackdown on financial cybercrime. The North Korean hacking collective, notorious for its sophisticated attacks on crypto platforms, executed the heist—dubbed "TraderTraitor" by the FBI—stealing Ethereum worth $1.46 billion, eclipsing the $1.34 billion stolen by North Korea-affiliated groups in all of 2024.

Chainalysis analysts collaborated with Greece's Hellenic AML Authority to trace the funds, identifying a wallet tied to a local exchange. This cross-border recovery underscores the growing role of blockchain forensics and international cooperation in combating crypto crime. "Blockchain technology is proving indispensable in the fight against financial crime," said Kyriakos Pierrakakis, Greece’s Minister of National Economy and Finance.

The incident casts a harsh light on exchange security amid rapid market expansion. Bybit, the targeted platform, now faces scrutiny alongside broader industry vulnerabilities. While the frozen assets represent a rare victory, the scale of the breach exposes systemic risks as crypto adoption accelerates.