Ethereum Hits $327B—Can Bulls Break Through $2,859?

Ethereum’s market cap has hit $327 billion, surpassing Bank of America and Alibaba as ETH reaches $2,670—its highest since February. The rally has grown by over $100 billion in 15 days, passing global brands like Nestlé and Coca-Cola.

Confidence is renewed by strong spot ETF inflows. Grayscale and Fidelity’s Ethereum ETFs brought in over $85 million in the last week alone, according to Farside Investors. Institutional demand is growing despite regulatory delays on staking-related decisions.

Spot Ether ETFs See $100M+ Weekly Inflows

Institutional appetite for Ethereum is getting bigger:

• Grayscale Ether ETF: $43.7M

• Fidelity FETH ETF: $42.2M

• Grayscale Mini Ether ETF: $18.7M

This is the largest single-day inflow in over a month. With ETH above its Realized Price of $1,900 and True Market Mean of $2,400, long term holders are back in profit—a big psychological boost for sentiment.

Analysts like Ali Martinez are pointing to a strong support floor at $2,370. Meanwhile futures open interest has reached $34 billion, up 5%, adding to the bullish case.

Technical Outlook: ETH Holds Trend, Eyes $2,859–$2,981 Targets

Ethereum’s price is still bullish. After hitting resistance at the $2,739 Fibonacci extension, ETH pulled back slightly but held $2,670. It’s above its trendline and 50-EMA ($2,584) so the trend is intact.

• Support: $2,630–$2,585 zone

• Resistance: $2,739 with targets at $2,859 and $2,981

• MACD: Flattening above zero, healthy consolidation

If ETH clears $2,739 with volume it may go to $2,859—a big fib expansion—and then $2,981. Until then, buyers will defend the $2,630 level.