Ethereum Surges Over 10% in Largest Daily Gain Since February

Ethereum surged by over 10% on Wednesday, marking its most significant single-day percentage gain in nearly six months and pushing its price above the $2,100 mark. The rally was part of a broader positive move across the cryptocurrency market.

Key Price Action

According to data from the Investing.com Index, Ethereum was trading at $2,105.06 as of 3:59 PM ET (19:59 GMT), a gain of 10.03% for the day. This represented the largest one-day percentage increase for the digital asset since February 25.

The move pushed Ethereum’s market capitalization up to $253.21 billion, or 10.93% of the total cryptocurrency market value. Trading was active, with the 24-hour volume reaching $18.86 billion, which accounted for 21.90% of the total volume for all cryptocurrencies, the data showed.

Market Context and Performance

Wednesday's rally extended a positive trend for the asset, which has gained 11.5% over the past seven days. During the previous 24-hour period, Ethereum traded in a range between $1,906.67 and $2,105.99.

Ad

Despite the recent gains, Ethereum's price remains significantly below its peak. The cryptocurrency is still down 57.52% from its all-time high of $4,955.90, which was set on August 24, 2025. At its highest point, Ethereum's market cap reached $583.89 billion.

Broader Crypto Rally

The positive sentiment was not isolated to Ethereum. Other major digital assets also saw gains on Wednesday.

• Bitcoin (BTC), the market leader, was up 5.93% to trade at $68,471.8.
• Tether (USDT), a major stablecoin, gained a slight 0.05% to trade at $0.9997.

Bitcoin's market cap stood at $1.37 trillion, commanding 59.14% of the total crypto market, while Tether's market cap was reported at $183.03 billion, or 7.90% of the market.