The funding and valuation boost for The Open Platform could accelerate global blockchain adoption, leveraging Telegram&#8217;s extensive user base. The post TON builder The Open Platform raises $28.5 million, reaches $1 billion valuation in extended Series A appeared first on Crypto Briefing.

TON builder The Open Platform raises $28.5 million, reaches $1 billion valuation in extended Series A

Ethereum has regained strong bullish momentum over the past few days, rising 
more than 23% since June 22 and reclaiming the critical $2,600 level. After 
weeks of uncertainty and sideways movement, ETH is showing signs of strength, 
with bulls now eyeing a push toward the $2,700 resistance zone. A successful 
reclaim of this level could open the doors for a broader rally, potentially 
reigniting hopes for the long-awaited altseason. Related Reading: Tron DeFi 
Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 While volatility 
remains in the broader market, Ethereum’s recovery has been notable, 
especially as macroeconomic sentiment improves and risk appetite increases 
across both equities and crypto. The surge in price has brought renewed 
attention to ETH’s long-term outlook, with top analyst Ted Pillows stating 
that “ETH is looking good and going above $10,000 this cycle.” This bold 
projection reflects growing confidence among market participants that Ethereum 
still holds major upside potential, particularly as network fundamentals 
strengthen and institutional interest grows. With the $2,700 level acting as 
the next critical resistance, all eyes are on whether Ethereum can maintain 
its momentum and set the stage for the next leg higher. The coming days will 
be essential in confirming whether this rally has staying power or remains 
short-lived. Ethereum Faces Critical Test As Altcoin Market Watches Closely 
After a week of volatility, Ethereum surged 9% yesterday, pushing closer to 
the top of its long-standing range and signaling the potential for a major 
breakout. Trading between $2,200 and $2,800 since early May, ETH has now 
returned to the upper end of this consolidation zone. Market participants 
believe this could be the turning point, not just for Ethereum, but for the 
entire altcoin market. Ethereum remains the backbone of the altcoin ecosystem, 
and its price action has historically dictated the momentum of the broader 
crypto space. A decisive move above $2,800 could trigger a wave of breakouts 
across major altcoins, many of which remain suppressed under key resistance 
levels. While short-term volatility remains a concern, analysts argue that 
Ethereum is showing strong signs of resilience and accumulation. Ted Pillows 
shared his technical perspective, urging traders to stay focused on the bigger 
picture: “Don’t let short-term volatility scare you.&#8221; According to him, 
Ethereum will surpass $10,000 this cycle. His view reflects growing confidence 
among experienced investors who see Ethereum’s current structure as a 
launchpad for the next expansion phase. With Ethereum at a critical technical 
juncture and altcoins waiting for confirmation, the coming days could be 
pivotal. A breakout above $2,800 would validate growing bullish sentiment and 
potentially spark the long-anticipated altseason. Related Reading: Bitcoin 
Bounces Off Key Demand Level – Price Discovery On The Menu? ETH Tests 200-Day 
MA After Breakout Ethereum is showing renewed strength after reclaiming the 
$2,600 level and closing above all major moving averages on the daily chart. 
As seen in the image, ETH surged through the 100-day and 200-day moving 
averages, which had been acting as dynamic resistance near $2,516. This marks 
a significant technical milestone, indicating bullish momentum may be 
returning. The breakout candle is backed by rising volume, a positive sign 
that the move is supported by real market participation. If ETH can hold above 
the 200-day MA, the next critical level to watch is $2,700 — the top of the 
range that has held since early May. A decisive close above $2,700 would open 
the door for further gains, potentially testing the $2,900–$3,000 resistance 
zone. Related Reading: Solana Hits New Milestone: Wallets Holding 0.1+ SOL 
Reach Record High Support remains near the $2,500 level, where the 50-day and 
100-day MAs converge, offering a strong confluence zone should any pullback 
occur. If bulls can maintain momentum and hold above the moving average 
cluster, the odds of a larger trend reversal increase. Ethereum’s current 
setup appears constructive, and market participants are closely watching for 
continuation, especially as macro sentiment improves and altcoin strength 
begins to return. Featured image from Dall-E, chart from TradingView

Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

Despite significant bitcoin accumulation by U.S. exchange-traded funds (ETFs) 
and companies like Strategy (MSTR), broader market demand for the leading 
crypto asset has contracted sharply, effectively offsetting potential price 
gains and preventing new all-time highs, according to a July 3, 2025, analysis 
by Cryptoquant researchers. Institutional Bitcoin Buys Can’t Offset Market- 
Wide Demand Slump, Cryptoquant Study […]

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Trump&#8217;s massive budget won the approval of the House, and may boost crypto 
markets despite no direct pro-crypto measures.