Ethereum Roars Past $2,700 as Bulls Eye $4,000**

**Date: June 11, 2025**

Ethereum (ETH) has surged past the $2,700 mark, recording a 6.54% rally to trade at $2,744.87 amid heavy trading volume of 560,000 coins. Analysts attribute this momentum to bullish sentiment fueled by institutional interest, technological upgrades, and macroeconomic tailwinds.

Key drivers include:

- **Institutional Demand**: Spot ETH ETFs have seen record inflows, with BlackRock’s iShares ETHA fund attracting $287 million in May alone .

- **Staking Growth**: Over 34.8 million ETH (28.14% of supply) is now staked, tightening circulating supply and supporting price stability .

- **Pectra Upgrade**: Recent improvements in scalability and gas efficiency have bolstered confidence in Ethereum’s long-term utility .

Popular traders are calling this phase "beast mode," with targets of $4,000 or higher if ETH breaks key resistance at $2,800 .