SharpLink Leads with $533 Million Ethereum Stash as Price Surges Past $2,738

- SharpLink Gaming's Ether holdings surpass $533 million, fueling market confidence. - ETH price rallies beyond $2,738 amid corporate interest and rising ETF inflows. SharpLink Gaming has reinvigorated bullish sentiment in the Ethereum market, having acquired 7,689 Ether between June 28, 2025, and July 4, 2025, at an average price of $2,501 per token. The sports betting company now holds 205,634 ETH, worth over $533 million, and has strategically allocated these assets to staking and restaking protocols to maximize yield-generation opportunities. This move amplified bullish momentum, propelling Ether's price above the critical resistance level of $2,738. Consequently, analysts predict a potential rally toward $3,000 by the end of July, attributing this outlook to heightened corporate enthusiasm and steady inflows into spot ETH exchange-traded funds (ETFs). Strong technical indicators support the rally, as both the 20-day exponential moving average (EMA) and the relative strength index (RSI) suggest persistent bullish momentum. However, resistance at $2,879 may prompt sellers to take action. If the price breaks past this level and momentum holds, it could lead to further gains toward $3,153 and even $3,400. Conversely, a failure to stay above $2,738 could cause the price to retest the 20-day EMA. Furthermore, the four-hour RSI is in overbought territory, hinting at a possible short-term consolidation or pullback. According to the latest market data, Ethereum (ETH) was trading at $2,821.25 as of 20:16 UTC on July 10, 2025, and its 24-hour trading volume had increased by 2.57%.