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Ethereum rallies 10% to $1,800 amid positive futures volume and new protocol plans from Vitalik Buterin.

Market News
08 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Ethereum (ETH) surged about 10% in a week, briefly hitting $1,800 following a positive shift in Net Taker Volume on June 28, indicating strong buying in futures markets without increased leverage. US-based ETH spot ETFs saw three days of net inflows, signaling growing institutional interest. ETH faces resistance at the 50-day EMA near $1,806, with further upside targets at $1,909 and $1,970 if broken. Vitalik Buterin introduced "Lean Ethereum," a major protocol upgrade aimed at drastically reducing ERC20 transaction costs and improving scalability over the next 3-4 years.

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