Know Ethereum and cryptocurrencies except Bitcoin, whose value continues to “rise”

 

Ethereum cryptocurrency is the highest. It’s $ 4,867 per cent.

Already at its highest price, this same increase will continue in the months to come. In early 2021, Ethereum will likely go on sale for around $ 700

However, it increased by about 15 caps compared to the beginning of April 2020 or every year. It’s the price of Ethereum getting back the April result maybe $ 140.

In fact, Ethereum is now the second largest cryptocurrency in the world after Bitcoin.

So what is Ethereum?

Ethereum was created by Vitalik Buterin in 2013. Ethereum itself is a public peer-to-peer network or blockchain with its own digital currency called Ethereum. This network allows developers to create applications.

In this way, Ethereum acts as a decentralized software platform. This is different from Bitcoin, which is designed only as a currency. However, what Bitcoin and Ethereum have in common is that they both use blockchain. There are currently developments related to Ethereum and there is an update to the Ethereum 2.0 network. Therefore, it is expected to help Ethereum and Ethereum grow. In addition, the Chicago Mercantile Exchange (CME) Derivatives Exchange could launch ether futures, opening the door for other institutional investors to participate in the network launch action.

Ethereum is predicted to continue to rise

Several factors led to the rise in the price of Ethereum. One is the decision of Visa, the world’s largest bank to promote blockchain and crypto -based capabilities on the Ethereum network. The payments giant is working on a program to complete transactions with stablecoin USD Coin (USDC) through its Ethereum network and Crypto.com partners. Ethereum is also one of the blockchains that provides a network for the emergence of new cryptocurrencies.
Ethereum is the most popular blockchain network. Visa is building the network, the price of Ethereum is rising and it is record high.

This rise in Ethereum was also triggered by the rise of non-fungible token (NFT) -based auctions, which are auctions recorded in the blockchain scheme. NFTs have recently been widely discussed and loved by art and technology enthusiasts around the world.