#Ethereum #ETH🔥🔥🔥🔥🔥🔥 Ethereum Surges Over $2,200 Mark with 22.35% Daily Gain

As of May 8, 2025, 21:18 UTC, Ethereum (ETH) has surged past the significant $2,200 mark, trading at approximately $2,204.68 USDT, according to Binance market data. The cryptocurrency recorded an impressive 22.35% gain in just 24 hours, sparking renewed interest across the crypto community.

This rally may be attributed to growing investor confidence, positive sentiment around upcoming Ethereum network upgrades, or increased institutional inflows. Analysts suggest that broader bullish momentum in the crypto market, possibly led by Bitcoin’s performance, could be fueling ETH’s upward trend.

Traders are now closely watching key resistance levels around $2,250, while support is expected near $2,100. A sustained breakout could signal the beginning of a larger bullish phase.

Market participants are advised to stay alert, as such rapid movements often come with increased volatility.