$ETH Ethereum (ETH) - June 2025 Update
Ethereum trades near $3,400, buoyed by spot ETF approvals and accelerating institutional adoption. Key developments:
ETF Launches: SEC-approved ETH ETFs (BlackRock, Fidelity) begin trading July 2024, with $4.2B+ early inflows .
Pectra Upgrade: Slated for Q1 2025, enhancing staking yields and wallet security via EIP-3074 .
Staking Surge: 27.6% of ETH supply ($105B) now staked, generating 3.8% annual yield .
Layer-2 Boom: Arbitrum/Polygon process 70% of transactions, reducing gas fees to ~$0.50 .
Market Position:
DeFi Dominance: $85B TVL (75% market share) .
Institutional Shift: JPMorgan uses ETH for repo settlements; Visa expands USDC settlements .
Risks: SEC’s "security" classification debate lingers, though ETF approvals weaken this stance. Scalability remains a focus as Solana gains NFT market share. Long-term $10K+ forecasts hinge on ETF inflows and real-world asset (RWA) tokenization growth.