Ethereum rose above the $278.97 threshold on Saturday. Ethereum was trading at 278.97 by 02:30 (07:30 GMT) on the Index, up 5.21% on the day. It was the largest one-day percentage gain since February 14.
The move upwards pushed Ethereum's market cap up to $30.66B, or 9.87% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $277.93 to $287.93 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 26.11%. The volume of Ethereum traded in the twenty-four hours to time of writing was $23.80B or 14.81% of the total volume of all cryptocurrencies. It has traded in a range of $217.0203 to $287.9298 in the past 7 days.
At its current price, Ethereum is still down 80.40% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $10,220.1 on the Index, up 0.24% on the day.
XRP was trading at $0.33321 on the Index, a gain of 3.60%.
Bitcoin's market cap was last at $186.47B or 60.04% of the total cryptocurrency market cap, while XRP's market cap totaled $14.61B or 4.70% of the total cryptocurrency market value.
