Ethereum Soars to New All-Time High as Market Cap Exceeds $244 Billion

Ethereum has experienced a significant surge in price, surpassing the $2,000 mark with an impressive 11% daily increase. This milestone comes alongside a substantial increase in market capitalization, now reaching over $244 billion. The rally is driven by high trading volumes, which have soared to over $23.6 billion, up 31.41%. The surge follows a strong intraday rally that began near $1,820 and accelerated throughout the day with growing momentum. This breakout marks Ethereum’s return after a period of consolidation and pushes it beyond levels not seen in weeks.