Ethereum Surges 4% on Massive Volume as Institutional Interest Grows

Ethereum ETH has staged an impressive recovery in the past 24 hours, climbing 3.8% amid significant market volatility. The second-largest cryptocurrency found solid support at $2,530, where exceptional trading volume (242,521 ETH) created a clear bottoming pattern. This was followed by a decisive breakout during the early trading hours, supported by massive volume surges exceeding 550,000 ETH that pushed prices above key resistance levels source: https://www.coindesk.com/markets/2025/05/27/ethereum-surges-4-on-massive-volume-as-institutional-interest-grows