Ethereum rises 22% and surpasses $2,200
The cryptocurrency market ignited on May 8, 2025, driven by a spectacular surge in Ethereum. In just a few hours, the asset rose 22% to exceed $2,200, triggering a strong reaction throughout the crypto ecosystem. This rapid rebound recalls the market's power of reaction and reignites speculation surrounding the second-largest cryptocurrency in the world.
Ethereum rises 22% and surpasses $2,200
The cryptocurrency market ignited on May 8, 2025, driven by a spectacular surge in Ethereum. In just a few hours, the asset rose 22% to exceed $2,200, triggering a strong reaction throughout the crypto ecosystem. This rapid rebound recalls the market's power of reaction and reignites speculation surrounding the second-largest cryptocurrency in the world.
Ethereum personified as a slender superhero.
In summary
Ethereum rises 22% in a single day, surpassing the barrier of $2,200
This bullish surge follows a major technical breakout, with the decisive crossing of resistance at $1,600.
Meanwhile, the fundamentals of the Ethereum network show a clear revitalization, with a TVL that increased by 41% in a month.
The Pectra update, deployed on May 7, could enhance scalability and support this dynamic.
A 22% jump: a historic day
May 8 was marked by the blazing rise of Ethereum. In 24 hours, the cryptocurrency experienced an increase of +22%, exceeding the symbolic barrier of $2,200. This spectacular momentum of ETH is part of a bullish sequence that began a few days earlier when the asset surpassed significant resistance at $1,600 on April 22.
