Definition ∞ A token price surge refers to a rapid and substantial increase in the market value of a cryptocurrency or digital token within a short timeframe. Such surges are typically driven by heightened demand, positive news, technological advancements, or speculative trading activity. They often result in significant gains for holders.
Context ∞ Token price surges are a common feature of the volatile digital asset markets and frequently headline crypto news, attracting both new investors and regulatory attention. The discussion often centers on the underlying factors contributing to the rapid appreciation and the sustainability of such price movements. A critical future development involves increased market maturity and regulatory oversight to mitigate extreme volatility.