#CryptoComeback
Ethereum Breaks $2,200 In Crypto Comeback,
The crypto market ignited on May 8, 2025, driven by a spectacular surge in Ethereum. In just a few hours, the asset jumped 22 % to surpass 2,200 dollars, triggering a strong reaction throughout the crypto ecosystem. This rapid surge highlights the market’s responsiveness and rekindles speculation around the world’s second-largest crypto.
In Brief
Ethereum jumps 22 % in a single day, crossing the $2,200 mark
This bullish rally follows a major technical breakout, with the decisive breach of the $1,600 resistance.
Meanwhile, Ethereum network fundamentals show a clear revival, with TVL up 41 % in one month.
The Pectra update, deployed on May 7, could enhance scalability and support this momentum.
Breaking a 6-month downtrend, in place since December 2024 ;
Significantly increased transaction volumes, with dominant green candles on daily charts ;
Price targets identified between $2,000 and $2,250 as first friction zones ;
A more ambitious projection : a “major bullish reversal” potentially reaching between $2,500 and $3,500 ;
The next estimated technical resistance at $2,800, before targeting the psychological $3,000 threshold.
