Ether climbed above $2,300 on Tuesday, reaching $2,308.07 on Binance’s USDT trading pair, according to Bitcoin World market-monitoring data. The move followed weeks of consolidation between $2,200 and $2,400 and renewed buying interest in the second-largest digital asset by market capitalization. Traders are watching resistance near $2,350 and $2,400, while support is positioned around $2,250 and $2,200. Ethereum’s developer activity, layer-2 networks and decentralized finance (DeFi) applications continue to support demand for ETH as a gas token and collateral. Upcoming network upgrades, real-world-asset tokenization and the launch of spot Ethereum ETFs in the United States earlier this year are additional positive factors, although ETF inflows have been modest compared with Bitcoin ETFs. A sustained break above $2,400 could attract momentum buyers, while a failure to hold current levels could send ETH back toward lower support. Broader inflation concerns, interest-rate expectations and economic data remain risks for crypto and other risk assets.