Ethereum prices surged past the $2,500 mark in Tuesday’s session, recovering from a sell-off that led to nearly a billion dollars in liquidations over the weekend. The cryptocurrency’s climb, which reached an intraday high of $2,652 before easing back to $2,625, is attributed to factors like DeFi expansion and rising institutional investment interest. 24-hour gains stand at 4.16%, according to CoinMarketCap data. 4.4% surge in Solana’s price was the only other top 10 altcoin with a larger percentage gain. This positive momentum stems from the Ethereum Foundation’s restructuring, which shifts focus toward protocol development in a competitive crypto landscape, fueling investor optimism.