Ethereum: a new record price above $1,400

Ethereum: a new record price above $1,400

By Gamma | Gamma | 21 Jan 2021


New record price

 

The second largest crypto-currency in terms of market value has experienced incredible growth in recent weeks, with a 30% increase in the last seven days and an increase of almost 15% in the last 24 hours.

As the total market value increases to US$150 billion, this can be attributed to the current market performance and the continued development of Ethereum 2.0. Already in the form of Web 3.0, it should be able to connect today's social networks to an integrated monetary system.

 

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In recent years, the development of Decentralized Finance Applications (DeFi) has also contributed to the further development of the Ethereum network, as these applications are hosted on the network's blockchain and many other ERC projects.

Although Ethereum has lagged behind Bitcoin in price and value, it has outperformed BTC this year, having increased by more than 90% since the beginning of the year, while BTC has increased by only 27%. The percentage since the beginning of the year.


Finally, it could reach a record level above $1500. Then, in the next 1-3 months, its price could reach 2000, 3000 or more.

The actual price of the ETH and the 1357.77$

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