Ethereum Price Climbs with $2.9B Inflows, EthCC Energy, and Robinhood’s L2 Rollout Igniting Bullish Sentiment

Ethereum Climbs 3.5% on Institutional Inflows, Growing Staking, and Robinhood’s Layer-2 Plans

Ether (ETH) has surged 3.5% over the past 24 hours, trading at $2,519 as of 20:23 UTC on June 30, according to CoinDesk Research. The price boost comes amid strong institutional interest, rising staking participation, and new ecosystem developments led by Robinhood’s plans to launch a Layer-2 blockchain network.

Institutions Continue to Pour Capital into ETH

Institutional demand for ether is on the rise. Data from CoinShares reveals that ETH-focused investment products attracted $429 million in net inflows over the past week alone, pushing year-to-date inflows to nearly $2.9 billion. Analysts interpret this as a sign of increasing confidence in Ethereum’s long-term potential, particularly as the market anticipates further regulatory clarity around spot ETH ETFs.

Meanwhile, the amount of ETH locked up in staking keeps growing. More than 35 million ETH, roughly 28% of the total supply, is now staked, tightening the circulating supply and potentially supporting upward price pressure.

Robinhood Enters the Layer-2 Arena

In a notable move for Ethereum’s ecosystem, Robinhood has announced plans to build its own Layer-2 blockchain using Arbitrum’s rollup technology. Although the project remains in development, the company aims to integrate Ethereum staking, tokenized stock trading, and crypto derivatives into the platform.

Robinhood’s venture into Layer-2 infrastructure is seen as a strong endorsement of Ethereum’s scalability roadmap and reflects growing interest from mainstream financial players in blockchain innovation.

Vitalik Buterin Unveils Privacy-Focused Digital ID

Ethereum co-founder Vitalik Buterin has introduced a new digital identity system leveraging zero-knowledge proofs. This technology would allow users to prove specific credentials or characteristics without disclosing personal details, offering enhanced privacy and security for decentralized applications in sectors such as finance, healthcare, and government services.

EthCC Showcases Ethereum’s Developer Energy

The Ethereum Community Conference (EthCC) is underway in Cannes, France, gathering over 6,400 participants and featuring more than 500 speakers. The event highlights Ethereum’s strong developer activity, with sessions focusing on new tools, scalability upgrades, and future protocol enhancements that could drive continued growth across the ecosystem.

Technical Analysis: ETH Price Levels and Market Structure

• From June 29 at 19:00 UTC to June 30 at 18:00 UTC, ETH traded in a 3.47% range, moving between $2,438.50 and $2,523.
• A significant rally occurred between 22:00 and 23:00 UTC on June 29, when ETH jumped 2.9% on 368,292 ETH in trading volume, breaking above $2,500.
• Strong support emerged around $2,438 on June 30 at 15:00 UTC, indicating buying strength at lower levels.
• ETH set a local high at $2,523, establishing near-term resistance slightly above the $2,500 psychological level.
• During the final hour of June 30, ETH briefly hit $2,499.19 before retreating to close at $2,487.19.
• A swift move between 18:20 and 18:21 UTC saw ETH spike 1.6% on volume of 6,318 ETH, though momentum stalled near the $2,499 mark.
• As of 20:23 UTC on June 30, ETH traded at $2,519, reflecting a 3.49% daily gain, as optimism carried into the Asia-Pacific trading session.

Outlook for Ethereum

Although ETH remains slightly below its 200-day moving average, the combination of robust institutional inflows, tightening liquid supply, and ongoing technological innovation paints a positive outlook for the asset. With major catalysts—including potential ETF approvals and continued infrastructure advancements—Ethereum appears well-positioned heading into the second half of 2025.