Ethereum is currently experiencing a bullish rebound, fueled by a combination of institutional investments and exciting long-term developments. In the past week alone, ETH has seen a significant influx of $148 million, marking it as the 4th highest weekly inflow recorded in 2025. This surge in investment signals a renewed sense of confidence among major investors in the Ethereum network.
Simultaneously, the Ethereum Foundation has unveiled its ambitious “Giga Era” roadmap, which aims to revolutionize the network’s scalability and staking mechanism. The Giga Era will harness zk-rollups technology to achieve a remarkable 10 million transactions per second, while also enhancing the efficiency and decentralization of staking. This forward-thinking vision provides essential long-term support for Ethereum’s value proposition, even as short-term price fluctuations reflect immediate market optimism.
Currently trading at $2,567.41, Ethereum has seen a 2.31% increase in the last 24 hours and a nearly 4.73% rise over the past week. With a market cap of $309.72 billion and a 24-hour trading volume of $15.45 billion, it is evident that both retail and institutional players are actively participating in the market.
From a technical standpoint, ETH is trading above the 20-period SMA and middle Bollinger Band, indicating a bullish short-term momentum. The RSI stands at 56.46, suggesting that there is still room for upward movement before reaching overbought levels. The price has repeatedly tested resistance near $2,610.9, forming a consolidation pattern.
A confirmed breakout above this level could potentially pave the way for further gains, with targets set at $2,700 and beyond. On the downside, strong support levels are identified at $2,531 (the mid-Bollinger Band) and $2,409 (the lower band and recent swing low).
In conclusion, Ethereum’s recent price surge is a result of increased institutional interest and the unveiling of the innovative Giga Era roadmap. As the network continues to make strides towards scalability and improved staking mechanisms, investor confidence is expected to grow, driving Ethereum’s long-term value.