Ethereum Surges Past $2,600 Driven by Trading Volume and Whale Activity

Ethereum’s price surged past the $2,600 threshold on May 12, 2025, marking a significant 5.2% gain within just 24 hours. This impressive rise is fueled by increased trading volume, with major exchanges like Binance and Coinbase seeing an 18% surge in activity, according to Crypto Rover’s Twitter update. Notable factor was the accumulation of over $138,000 ETH by large wallets, reflecting investor confidence in Ethereum’s future growth.