$ETH

The **Ethereum** currency experienced a rise of **8%** today, reaching **$2,689** after a wave of strong institutional inflows. This increase is attributed to the continued flow of funds into Ethereum exchange-traded funds (ETFs), along with massive purchases from companies like **BlackRock**, which acquired **$500 million** worth of ETH over the past ten days. The recent **Shanghai** upgrade has also contributed to enhancing liquidity and increasing investor confidence, making Ethereum one of the most attractive assets in the market today. As this momentum continues, analysts are watching the **$2,700** level as a key resistance that could pave the way towards **$3,000** in the near future.