Ethereum has reached an eight-week high, breaking above the $1,842-$1,868 resistance line a week ago. The asset’s recent performance is supported by renewed institutional interest and shifting on-chain metrics.
U.S. Spot Ethereum Exchange-Traded Funds recorded approximately $38 million in fresh inflows. BlackRock’s ETHA fund accounted for the majority of this activity, contributing $34.3 million to the total.
On-chain metrics and tokenization
Network participation has intensified, with Ethereum’s staking ratio rising to an all-time high of 35%. The blockchain also continues to serve as a primary infrastructure for tokenized real-world assets, which now exceed $15 billion in value.
Conflicting price data
Real-time valuation data presents discrepancies across sources. One report places Ethereum at $1,904, reflecting a 2.35% gain over the previous 24 hours. Another source indicates the asset was trading at $1,928 during the same period, confirming that sources disagree on the current price.