Ethereum surges to $182 - Here is Why
It was only yesterday that Ethereum (ETH) broke the $100 mark. And after a series of rapid growth spurts, ETH is now sitting at $183. It is now rapidly approaching the $200 mark at a speed faster than even Ethereum promoters anticipated. Ethereum’s transaction volumes have now reached around 161,000 a day.
No Sleep for Poloniex Traders:
With prices changes every single minute, traders are getting no sleep tonight. There is just too much action and speculation in the market.
At this point, does the well even tell us anything?
Updates and Proof of Stake
The Ethereum network is constantly being improved and at a very rapid pace. Plans are underway to bring Proof of Stake consensus algorithms to Ethereum, potentially making the network faster and less energy consuming. The Metropolis update will the next upgrade to the network.
Enterprise Ethereum Alliance
The Enterprise Ethereum Alliance has more than tripled in size, with the group announcing 86 new members, including
- Toyota
- Samsung,
- pharmaceuticals giant Merck,
- investor communications platform Broadridge,
Actually, it hit as high as $201. I think government interest, along with many companies, has helped keep it running. In addition, it has much lower fees than bitcoin, so on the trading side, it's becoming the "go-to" token.
with all of this new players the price will rise until 200 dollar in the next week! Whoop Whopp
This is really amazing and insane together. What will be in one year? Or in five?
I am really impressed by Ether.