$ETH Ethereum (ETH) Price & Ecosystem Update – June 28, 2025 (200 words)

Ethereum $ETH ETH is showing strong market resilience today, currently trading around $3,520, with a 24-hour increase of +1.8%. After consolidating near the $3,400 support, ETH is now testing a key resistance zone at $3,550. A breakout above this level could trigger bullish momentum, targeting the $3,700-$3,800 range.

Ethereum’s on-chain activity remains high, especially with growing interest in DeFi and restaking protocols like EigenLayer. Additionally, Layer 2 networks (Arbitrum, Optimism, Base) continue to reduce gas fees and improve transaction speed — further strengthening Ethereum’s utility.

The ETH staking rate has crossed 28 million ETH, reflecting rising confidence in the network’s long-term future. Meanwhile, the ETH burn mechanism (EIP-1559) continues to reduce supply, adding deflationary pressure over time.

Ethereum is also gaining attention due to upcoming upgrades like Proto-Danksharding (EIP-4844), which will drastically improve data availability and Layer 2 scalability.

In short, Ethereum is not just a coin — it’s a fast-evolving ecosystem driving the future of decentralized finance and digital ownership.

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