According to @Pentosh1, Ethereum (ETH) has experienced a significant price surge, breaking past $2,600 on July 2, driven by strong institutional interest and key ecosystem developments. Bitwise CIO Matt Hougan predicts that inflows into spot Ethereum ETFs will "accelerate significantly" in the second half of 2025, fueled by the compelling narrative of tokenized stocks and stablecoins moving onto the Ethereum network. This bullish sentiment is supported by nearly $2.9 billion in year-to-date inflows into ether investment products, as reported by CoinShares. Further validating Ethereum's central role, Robinhood announced it is building its own Layer-2 chain on Arbitrum. From a supply perspective, nearly 30% of all ETH is now locked in staking contracts, reducing liquid supply. Traders are watching the $2,800 level as the next major resistance, while strong support has formed around $2,554.