Ethereum Price Holds Above $2,500, Eyes Breakout at $2,700

Ethereum price shows strength above the $2,500 level, holding near resistance at $2,700. Volume surges, RSI recovers, and institutional investment indicates bullish potential. BlackRock recently shifted funds from Bitcoin to Ethereum, adding a substantial layer of support for ETH. On-chain activity is also surging, reflecting growing demand on the network. 17% increase in user activity this week adds further weight to the bullish outlook.