Ethereum (ETH) Daily Market Analysis 03 July 2026

Ethereum rebounds to $1,700 after hitting one-year lows, while ecosystem launches institutional and policy initiatives to drive long-term adoption. • ETH gained 5.7% in 24 hours to $1,697.65, reclaiming $1,700 after a July 1 low of $1,585.63 • Ethereum Institutional launched 2 July as a non-profit to help financial institutions adopt the network • Ethereum Foundation published a policy guide on 2 July targeting governments and regulators • Glamsterdam upgrade expected in H2 2026 to improve scalability and reduce operational friction • Citigroup cut its 12-month ETH forecast to $2,240 from $3,175 on 1 July, citing negative ETF flows