Ethereum (ETH) jumps while Robinhood builds a new blockchain using arbitrum technology

Ether

3.5% in the past 24 hours up to $ 2,519 to 18:59 UTC on June 30, according to the CoinDesk Research’s technical review model, supported by the ongoing institutional demand, network upgrading, and the main integration of the retail platform.

Institutional interest remains stable, along with coinshares Reporting $ 429 million in net inflows in ether investment products over the past week and nearly $ 2.9 billion year-to-date. This trend coincides with an ETH supply decline in exchanges and increasing staking levels, with more than 35 million ETHs-a circle of 28% of the total supply-now locked in proof-of-stake contracts. Market analysts suggest that these factors reduce liquid supply and strengthen the long -term Ether investment thesis.

Robinhood announced On this Monday it forms its own layer-2 blockchain using the rollup infrastructure of the arbitrum. The network has not yet lived, but the initiative will eventually support Ethereum staking, tokenized stock trading, and eternal crypto futures. Although L2 is under development, the decision to build it on the Ecosystem Rollup Ecosystem is seen as a long-term vote of confidence in the Scalability Roadmap of Ethereum.

Ethereum co-founder Vitalik Blerin also has introduced A new outline of digital identity using proof zero-knowledge. This system allows users to verify properties or credentials without announcing private data and designed to help web3 apps include privacy identification systems. Analysts view it as a key step toward the broader adoption of decentralized applications that require sensitive user validation.

Meanwhile, the Ethereum community conference (Ethcc) Kicked in Cannes, France, gathering more than 6,400 attendees and 500 speakers. The event shows the Ethereum developer’s ongoing momentum through presentations on new tools, scale techniques, and protocol improvements.

Despite the positive momentum, the ETH remains just below the 200-day transfer of average, suggesting technical barriers still have. However, the coherence of flowers, developer development, and scale plans continue to support a constructive perspective.

Technical assessments

• Ether exchanged between $ 2,438.50 and $ 2,523 from June 29 19:00 to June 30, 18:00, marked a 3.47% range.
• The largest spike occurred during the 22: 00–23: 00 UTC window on June 29, when the ETH advanced 2.9% to a volume of 368,292 ETH, briefly pushed by $ 2,500 barriers.
• On June 30 and 15:00 UTC, ETH found strong support around $ 2,438 above-average volume, confirming a bullish floor.
• A local high of $ 2,523 was reached earlier in the day, establishing a resistance above the psychological $ 2,500 level.
• In the last time from 18:00 to 18:59 UTC on June 30, ETH retreated from a peak of intraday $ 2,499.19 to close to $ 2,487.19.
• A sharp upward move between 18: 20-18: 21 saw ETH climbing 1.6% to 6,318 ETH volume, staring near $ 2,499.
• Until 20:23 UTC on June 30, the ETH exchanged $ 2,519, up to 3.49% to 24 hours, signing the renewed bullish momentum at Asia Open.

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