Ethereum surges over $2,000 with an 11% daily increase.
The market cap rises by $24 billion to $244.46 billion with trading volume spiking 31.41% to over $23.6 billion.
The rally follows a strong intraday surge starting near $1,820 and marks the end of Ethereum's consolidation phase.
This surge is attributed to a broader crypto market rally, speculation around Ethereum's network upgrade, and may set sights on $2,500 resistance level.