Ethereum Price Soars 10%, Total Market Cap Reaches $55.93 Billion 

On Friday at 00:02 (16:02 GMT), Ethereum was trading around $4,642.23, marking a notable increase of 10.04%. This represents the largest single-day gain for the cryptocurrency since May 10, 2025.

The price surge has pushed Ethereum's total market capitalization up to $55.93 billion, accounting for 14.01% of the total cryptocurrency market. Previously, Ethereum's market cap had reached a high of $57.53 billion.

In the past 24 hours, Ethereum's price fluctuated between $4,209.40 and $4,667.78. Data indicates that over the last seven trading days, Ethereum’s price has risen by 4.54%, with its total market cap showing significant growth. Currently, the market cap over the last 24 hours stands at $53.66 billion, representing 26.73% of the entire cryptocurrency market.

Additionally, in the past seven trading days, Ethereum's price has remained within a range of $4,067.90 to $4,667.78. Compared to its all-time high of $4,864.06 (reached on November 10, 2021), Ethereum’s current price is still 4.56% lower.

Investors and analysts hold a positive outlook on Ethereum's future, believing that its price may continue to be influenced by market demand, technological advancements, and the overall economic environment. With ongoing upgrades and the expanded adoption of Ethereum, many anticipate that the cryptocurrency could reach new historical highs.