TL;DR U.S. Ethereum ETFs recorded $29.4 million in net inflows on September 18. Fidelity's FETH brought in $26.2 million.
ETH surged past $2,600 on Friday for the second time this month. Can this break out be different?
The second-largest cryptocurrency by market capitalization, Ethereum ($ETH), held above the psychological $2,600 mark this weekend, confirming its breakout from a prolonged, multi-month sideways trading range. The move was driven by a strong breakout candle closing near its daily highs following a tight consolidation, pushing the asset out of the $1,800–$2,000 corridor, where the coin had stagnated since the summer.
Ethereum's Glamsterdam upgrade has cleared another important testing phase as developers prepare for a proposed October 6 Sepolia deployment. The latest devnet raised the block gas limit from 60 million toward 200 million, while Nethermind completed 2,302 performance tests.
Ethereum is testing a key resistance zone around $2,550 as ETF flows recover. A breakout could put $2,800 and eventually $3,000 back in focus.
Ethereum breaks above $2.63K as whale activity, wallet growth, staking, and DeFi usage expand.
The world's largest altcoin is juggling several factors at the same time right now.
Ethereum will activate Glamsterdam on Sepolia on October 6, while developers assess whether fake builders can disrupt ePBS testnet auctions.
Ethereum price has moved above $2,600, marking its highest market value since January as rising whale activity and expanding holder participation strengthen the recovery narrative. With more than 40 million ETH staked and approximately $50 billion locked in DeFi, Ethereum's market recovery is supported by continued network participation and long-term utility.
Faster private inference makes laptop orchestration practical, while spending authority remains behind hard limits, transaction checks and human approval.
Ethereum-based USDT has lost 251,350 non-empty wallets in just 11 days, according to Santiment data. Average Ethereum transaction costs have fallen from $0.72 in April to $0.095, an 86.8% decline. The combination of cheaper mainnet transactions, expanding Layer-2 capacity and shifting USDT balances shows how Ethereum's liquidity landscape is changing.
Fake YouTube tutorials promoting AI-powered crypto arbitrage bots have tricked 224 victims into deploying malicious smart contracts that stole 274.6 ETH worth about $517,000. TRM Labs said in a Sep.