$ETH As of June 11, 2025, Ethereum (ETH) is trading around $2,796.75, reflecting a robust recovery driven by several key developments.
Key Drivers of Ethereum's Recent Surge:
Institutional Investment: Ethereum has seen substantial inflows into spot ETFs, with over $1.2 billion added since their approval earlier this year. This institutional interest provides a strong foundation for price stability and growth.
Technological Upgrades: The recent Pectra hard fork has significantly enhanced Ethereum's scalability and usability. Notable improvements include:
Introduction of smart contract wallets (account abstraction)
Ability to pay gas fees using stablecoins like USDC
Increased validator staking limits from 32 ETH to 2,048 ETH