$ETH

Ethereum has seen strong momentum recently. Over 34.6 million ETH (≈$90 billion) is now staked—a new record representing about 28% of its circulating supply—highlighting growing confidence in its Proof‑of‑Stake ecosystem . The Pectra upgrade, activated in early May, has slashed fees, boosted scalability via blob data, and raised staking limits up to 2,048 ETH per validator . Price action remains bullish: ETH has rallied ~45% since late May, now trading between $2,700–$2,900, supported by technical strength and institutional ETF interest . However, key resistance lies near $3,000, with broader macro and regulatory factors still influential.