According to Sentora (formerly Intotheblock), Ethereum prices have skyrocketed above 130% this week. According to a graphic shared by Sentora along with its tweet, Ethereum’s total fees amounted to $1.26 million, representing a 130.4% surge. Growth is driven by mandatory demand for the system and increased use of smart contracts.
Ethereum fees were driven by increased institutional debt demand and smart contract usage this week pic.twitter.com/7rhy9l6koz, and rose more than 130% this week.
– Sentora (formerly Intotheblock) (@sentorahq) June 27, 2025
With a major institutional shift, BIT Digital has shifted its focus from Bitcoin mining to Ethereum staking and financial operations. The company plans to sell Bitcoin mining assets and reinvest Ethereum revenue. BIT Digital plans to issue shares to fund future Ethereum acquisitions, and its subsidiary Whitefiber plans to make it public.
According to the latest Coinshares report, Digital Asset Investment Products experienced a 10-week inflow of a total of $1.24 billion last week.
Ethereum has won nine consecutive weeks of inflows, totaling $12 million, bringing it to $2.2 billion to a total of $2.2 billion. This is the longest inflow since mid-2021, indicating that investors’ sentiment remains strong against the second-largest cryptocurrency.
Ethereum prices
Ethereum fell slightly to $2,456, down 0.08% in the session earlier Friday.
A slight pullback follows a generally positive week for crypto majors, driven by a decline in inflation measurements and an increase in confidence in the Asian crypto regulatory framework.
Ethereum could consolidate a little longer as the daily RSI is just below the midpoint, indicating a balance between supply and demand. If prices exceed the moving average, Ethereum could rise to $2,738 and rise to $2,879.
In contrast, if Ethereum prices fall below $2,323, it indicates that Bear is selling at the rally. Ethereum can then retest strong support for $2,111.