Ethereum continues to strengthen its position in the market, supported by rising institutional momentum and ongoing technological developments on the network, making it a focal point for investors during the second week of June 2025. The strong performance of the currency came against the backdrop of a noticeable increase in the adoption of layer two solutions like Arbitrum and Optimism, which contributed to improving efficiency and reducing transaction fees, positively reflected in the daily usage volume of decentralized finance (DeFi) applications and the non-fungible token (NFT) sector.

Markets are anticipating critical developments regarding the potential approval of spot exchange-traded funds (ETFs) for Ethereum by the U.S. Securities and Exchange Commission, following the significant success achieved by Bitcoin ETFs earlier this year. These expectations have bolstered institutional buying trends, as reflected in CoinShares reports indicating a continued flow of capital into Ethereum funds on a regular weekly basis.

On the technical level, the price of Ethereum is moving within an upward range between $5,700 and $5,950, with a clear psychological resistance at $6,000. Momentum indicators like RSI show a moderately positive state, keeping the chances of continued upward movement as long as it remains above the current level. If $6,000 is breached, analysts expect the movement to extend towards $6,400 or even $7,000 before the end of the third quarter. Conversely,