$ETH

Here’s a concise $ETH (Ethereum) update as of June 11, 2025:

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🟣 $ETH Market Update – June 11, 2025

🔹 Current Price: ~$3,980

🔹 24h Change: ▲ +2.3%

🔹 7d Performance: ▲ +8.6%

🔹 Market Cap: ~$478B

🔹 Dominance: 17.5%

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🔍 Key Highlights:

✅ ETF Momentum: Ethereum spot ETFs launched last month are seeing steady inflows, boosting institutional confidence.

🔥 Layer 2 Expansion: StarkNet, zkSync, and Arbitrum continue to drive activity, with L2 gas fees now regularly under $0.01.

🔒 ETH Staking: Over 33M ETH staked (~27% of supply), with Lido and EigenLayer leading in validator dominance.

🧠 Developer Activity: Still the highest in crypto—dev updates for “Verkle Trees” and further scalability enhancements are in motion post-Dencun.

⚠️ Risks: Regulatory overhang in the U.S. still looms for ETH classification. Some legal observers believe the SEC may revisit Ethereum’s status post-ETF.

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📈 Technical Outlook:

Resistance: $4,200

Support: $3,750

Momentum: Bullish short-term, but watch for potential correction around $4K psychological level.

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