According to @EmberCN, Ethereum (ETH) price has surged, driven by significant fundamental strength including massive institutional demand and key ecosystem developments. CoinShares data reveals nearly $2.9 billion in year-to-date inflows into Ether investment products, indicating strong institutional conviction. This is complemented by robust on-chain metrics, with over 35 million ETH now staked—approximately 28% of the total supply—which reduces liquid supply on exchanges. Further bolstering bullish sentiment, Robinhood announced it is developing a Layer-2 network on Arbitrum's infrastructure, a long-term vote of confidence in Ethereum's ecosystem. From a trading perspective, while ETH pushed past $2,500, it still faces technical resistance near its 200-day moving average. Key levels to watch include support around $2,438 and resistance at the recent high of $2,523.