ETH Surges 3.3% as $425M SharpLink Gaming Treasury Move Fuels Volume and Bullish Momentum

Ethereum (ETH) is currently trading at $2,729.65 with a 24-hour price increase of 3.31% and a trading volume of nearly $26 billion, reflecting strong market activity and a market capitalization of approximately $328 billion. The recent price surge is primarily attributed to SharpLink Gaming's $425 million Ether treasury strategy announcement and increased investor interest, as well as heightened derivatives activity and positive sentiment following ETH's technical breakout and sustained upward momentum in late May 2025.