Ethereum Rises 3.5% on Strong Institutional Inflows, Staking Milestone, and Robinhood’s Layer-2 Plans
Ethereum’s ether (ETH) surged 3.5% in the past 24 hours, trading at $2,519 as of 20:23 UTC on June 30, according to data from CoinDesk Research. The rally reflects renewed confidence in the network, driven by hefty institutional inflows, growing staking participation, and fresh momentum from Robinhood’s Layer-2 blockchain announcement.
Institutional Inflows Push ETH Toward $3B in 2025
Investor demand for ether continues to accelerate. CoinShares reported $429 million in net inflows into ETH investment products over the past week, bringing total inflows for 2025 so far to nearly $2.9 billion. Analysts see the trend as evidence of deepening institutional interest, especially as regulatory clarity around spot ETH ETFs improves.
Meanwhile, the circulating supply of ETH keeps tightening. More than 35 million ETH, representing around 28% of the total supply, is now staked, locking up tokens and reducing sell-side pressure. This growing illiquidity is seen as supportive for ETH’s long-term price structure.
Robinhood Jumps Into Ethereum Layer-2 Space
In a significant move for Ethereum’s ecosystem, Robinhood announced it will build a Layer-2 network on Arbitrum’s rollup technology. Although still under development, the project aims to integrate Ethereum staking, tokenized stock trading, and crypto derivatives trading.
Robinhood’s decision underscores confidence in Ethereum’s scalability and signals broader adoption of Layer-2 solutions among mainstream fintech players.
Vitalik Buterin Unveils Privacy-Focused Digital ID
Ethereum co-founder Vitalik Buterin introduced a new digital identity system leveraging zero-knowledge proofs, enabling users to verify personal credentials without revealing private data. The technology is designed to boost privacy and security for decentralized applications, with potential applications in finance, healthcare, and government services.
EthCC Highlights Developer Innovation
The Ethereum Community Conference (EthCC) is underway in Cannes, France, attracting over 6,400 attendees and featuring more than 500 speakers. Developers are showcasing new tools, scalability upgrades, and future protocol enhancements, signaling strong momentum across the Ethereum ecosystem.
Technical Analysis: Price Levels and Market Structure
- ETH traded between $2,438.50 and $2,523 from June 29 at 19:00 UTC to June 30 at 18:00 UTC, a 3.47% range.
- The biggest intraday jump occurred between 22:00 and 23:00 UTC on June 29, when ETH rose 2.9% on volume of 368,292 ETH, breaching the $2,500 mark.
- Strong support emerged around $2,438 on June 30 at 15:00 UTC, with higher-than-average buying activity.
- ETH touched a local high of $2,523, establishing resistance above the psychological $2,500 level.
- During the last hour of June 30, ETH pulled back slightly from an intraday peak of $2,499.19, closing at $2,487.19.
- A sharp uptick between 18:20 and 18:21 UTC saw ETH spike 1.6% on 6,318 ETH in trading volume, before stalling near $2,499.
- As of 20:23 UTC on June 30, ETH traded at $2,519, reflecting a 3.49% daily gain, with optimism heading into the Asia trading session.
Market Outlook
Though ETH remains just under its 200-day moving average, institutional flows, decreasing liquid supply, and ecosystem innovation suggest a supportive backdrop for further price gains. With major events on the horizon—such as possible ETF approvals and continued network upgrades—Ethereum looks well-positioned for the second half of 2025.
