Ethereum has recovered to about $2,498, reclaiming the $2,500 level after gaining approximately 5% in recent sessions, but faces significant resistance between $2,515 and $2,560. Its market capitalization stands at $304.85 billion, with daily trading volume of $10.68 billion. Bitcoin has attracted almost $1 billion through ETF products since the start of the month and climbed above $82,000, while Ethereum ETF flows have been inconsistent; September’s strongest single-day inflow was $59.3K after a 12-day run that accumulated more than $1 billion in ETH investment products. Exchange balances fell by more than 116,000 ETH in 48 hours, worth nearly $300 million, according to market observer Ali Charts. Technical analyst Bitcoin Meraklisi identified $2,515 as the key breakout threshold, with potential targets at $2,750, $3,400 and $4,750 if momentum strengthens. Network activity has weakened since early August, with daily active addresses remaining below 500K and down more than 5% year over year for the comparable period. Coinglass data showed trading volume rising 81.78% to $29.08 billion and open interest (the value of outstanding derivatives contracts) increasing 0.34% to $32.86 billion. Ethereum’s real-world asset ecosystem includes $163.5 billion of stablecoins, $17.5 billion of tokenized investment funds, about $5 billion of commodity tokens and $770.1 million of equity-backed tokens. More than 1 million ETH moved across 650 transactions, including a 70,000 ETH deposit worth $174 million to exchanges by one address, which retained 97,114 ETH. The 20-day moving average at $2,418.98 is rising, while the weekly Relative Strength Index has moved above its typical range.