Definition ∞ ETH price surge describes a rapid and substantial increase in the market value of Ethereum’s native cryptocurrency, Ether. This upward movement is typically driven by heightened demand, positive market sentiment, significant technological advancements, or increased utility within the Ethereum ecosystem. A surge indicates strong buying pressure overwhelming selling interest.
Context ∞ News reports often highlight an ETH price surge as a key market event, signaling robust health and growing interest in the Ethereum network and its associated decentralized applications. Such price movements are closely monitored by investors and analysts, as they can reflect broader trends in the altcoin market and the overall digital asset economy. Factors like network upgrades or increased institutional adoption frequently precede these surges.
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