$ETH Strong growth above $2,700
ETH surpassed this level on June 10-11, with an increase of more than 6-7% in a single day, and this occurred with large trading volumes.
Optimistic forecasts: target zone — $3,000-4,000, if strong resistance around $2,800 is overcome.
2. Current Pectra Update (May 7)
Includes 11 EIPs: expansion of staking (up to 2,048 ETH for validation), support for “account abstraction” (EIP-7702) in wallets, optimization of consensus. JPMorgan bankers have acknowledged that while the update improves infrastructure, its impact on network activity is still limited.
3. Institutional Interest
— Inflows into ETH-ETF exceed $800 million since mid-May.
— According to Bernstein, in the last 20 days, ETFs have attracted $815 million, reflecting growing institutional confidence.
— Options markets: demand for ETH call options has increased, the effective volatility indicator against BTC — the highest since the FTX collapse.
4. Growth in on-chain and DeFi metrics
— TVL in Ethereum's DeFi ecosystem has grown by ~6% in the last month, exceeding $66 billion.
— Active addresses reached ~17.4 million, a 70% increase in Q2: especially thanks to the Base network $ETH
