It’s part of a week-long surge that’s sentback over the $2,000 mark for the first time since February.
The cryptocurrency, as well as the network, has had a big year: it’s played a significant role in the craze for non-fungible tokens (decentralized finance ( ) applications, such as the increasingly popular decentralized exchange , which now handles billions of dollars in volume on a daily basis.), most of which operate on the Ethereum blockchain. It is also the network that powers most
ETH is now currently trading for right around $2,050, having pulled back since hitting its new all-time high. That’s still a gain of nearly 6% within the last 24 hours, and an increase of 183% since the start of the year.
News Source from Decrypt.co