On May 8, Ethereum (ETH) experienced a remarkable surge, jumping 26.78% to reach a press time price of $2,451. The cryptocurrency market felt an electric energy as investors rushed to capitalize on this upward momentum. In just 24 hours, Ethereum gained approximately $66 billion in market capitalization, marking one of its most significant daily rallies. Traders and enthusiasts had anticipated this moment, fueled by growing interest in decentralized finance and Ethereum’s expansive capabilities. Investors are now watching closely as ETH could continue its streak of high performance in the coming days.