$ETH Ethereum (ETH) is currently trading around $2,791, building on a bullish wave across the crypto sector driven by rising institutional engagement, ETF capital inflows, and network advancement. Major catalysts include record inflows into Ethereum-related ETFs, with nearly $296 million added over the last week   . ETH briefly surged above $2,800 before consolidating near $2,750, a signal of renewed investor confidence  . Societe Generale has also announced its USD CoinVertible stablecoin launching on Ethereum this July, marking increased institutional blockchain adoption . However, analysts caution that ETH faces resistance near its three-month highs, and sustained momentum will depend on continued ETF inflows and network upgrades.

⸻

Summary: Institutional inflows, ETF momentum, and stablecoin adoption are fueling Ethereum’s bullish trajectory, although near-term resistance lies around $2,800–$2,800-plus.