<ul data-eligibleForWebStory="false"><li>Ethereum's resilience in price is attributed to factors like institutional interest, stability in stablecoin activity, and upcoming U.S. legislation.</li><li>Institutional investors are considering Ethereum as a store of value, leading to its incorporation into investment portfolios.</li><li>Ethereum remains prominent in stablecoin issuance, ensuring liquidity and transactional relevance.</li><li>Matrixport identified $2,500 as a vital support level for Ethereum's bullish momentum, alongside seasonal patterns favoring ETH performance in July.</li></ul>

Ethereum Defies Weak Network Activity as Price Holds Firm

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