Ethereum Surges Past $2,000, Recording 10% Gain

Cryptocurrency markets experienced a significant surge this past Tuesday, May 8th, 2025, as Ethereum’s price soared past the critical $2,000 mark. The asset gained an impressive 10.23% in a single day, according to trading platforms. This jump was fueled by increased market sentiment and high trading activity across various exchanges, with over $18 billion exchanged in just 24 hours. Increased on-chain transactions indicate heightened Ethereum usage as the network continues to evolve.