Ethereum (eth) jumps as Robinhood builds a new block chain using the referee technology


Ether

3.5% In the last 24 hours at $ 2,519 at 18:59 UTC on June 30, according to the technical analysis model of Coindesk Research, backed by the continuous institutional demand, the network updates and important integrations of the retail platform.

The institutional interest remains solid, and Coinshares informs $ 429 million in net tickets in Ether investment products during the past week and almost $ 2.9 billion to date. This trend has coincided with an ETH supply in decline in exchanges and the increase in rethinking levels, with more than 35 million ETH, a 28% round of the total supply, now locked in stagnant test contracts. Market analysts suggest that these factors are reducing liquid supply and reinforcing Ether’s long -term investment thesis.

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Robinhood announced Monday that it is developing its own layer 2 block chain using arbitration infrastructure. The network is not yet live, but the initiative will eventually support Ethereum that Ethereum’s trade trade, and perpetual crypto futures. Although the L2 is in development, the decision to build it in the Ethereum’s Rollupo ecosystem is considered a long -term vote of long -term confidence in Ethereum’s scalability route.

The Ethereum co -founder, Vitalik Butein, has also introduced a new digital identity framework using zero knowledge tests. This system allows users to verify features or credentials without revealing private data and is designed to help web3 applications to incorporate identity systems that preserve privacy. Analysts see this as a key step towards a broader adoption of decentralized applications that require confidential user authentication.

Meanwhile, the Ethereum community conference (Ethcc) It began in Cannes, France, gathering more than 6,400 attendees and 500 speakers. The event shows the impulse of Ethereum’s current developer through presentations on new tools, scale strategies and protocol improvements.

Despite the positive impulse, ETH remains just below its 200 -day mobile average, suggesting that there are still technical barriers. However, the confluence of the entries, the developer’s progress and the scale plans continue to support a constructive perspective.

TECHNICAL ANALYSIS

  • Ether quoted between $ 2,438.50 and $ 2,523 from June 29, 19:00 to June 30, 18:00, marking a range of 3.47%.
  • The largest peak occurred during the UTC window 22: 00–23: 00 on June 29, when ETH increased 2.9% in a volume of 368,292 ETH, briefly pushing the $ 2,500 barrier.
  • On June 30 at 3:00 p.m. UTC, ETH found a strong support from around $ 2,438 in volume higher than the average, confirming a bullish floor.
  • A local maximum of $ 2,523 was reached earlier in the day, establishing resistance just above the psychological level of $ 2,500.
  • During the last hour from 6:00 p.m. to 18:59 UTC of June 30, ETH turns on an intra -drum of $ 2,499.19 to close $ 2,487.19.
  • A movement up and up between 18: 20–18: 21 saw an increase of ETH 1.6% in 6,318 ETH volume, stopping about $ 2,499.
  • From 20:23 UTC, on June 30, ETH quoted at $ 2,519, 3.49% more in 24 hours, indicating a bullish impulse renewed in the Asia Open.

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.



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