5 Facts About Ethereum

The only currency in the crypto sector that has broken records all the time is not bitcoin.

The crypto token of the ethereum blockchain remained in the slight shadow of the bitcoin, where the ether directs the attention of the mainstream media. Yes, BitCoin has increased its value by 50 percent since the beginning of the year. However, Ethereum's 900 percent rise at the same time deserves to be examined.

The currency that began its operations in 2015 has gone a long way to ether. The currency, which was $ 8 on January 1, rose to a record high of $ 100 last week. Those who have recently met Ethereum may now take a deep breath and begin to read five facts about the ether.

1. Not an overnight success

Since the beginning of 2016, ether is the crypto currency with the second largest market share. According to CoinMarketCap, it succeeded to leave alternative currencies such as ether, litecoin and ripple shortly behind.

One of the reasons for the sharp increase is that the money was made in significant amounts to the ether. As a result, in the first quarter of 2017, the value of ether increased by about $ 7 billion.

In this time period, the price of ether increased more than 500 percent.

When we look at the wider frame, we can easily say that the price increase is more impressive. So much so that the price of the ether has increased by more than 2800 percent since 2015.

1. The volume has changed continuously

Throughout its history, the volume of ether trading has been constantly fluctuating.

Transaction volume occasionally stood at very low levels. For example, sometimes the 24-hour trading volume fell below $ 100,000. When we arrive in March, the 24-hour turnover is close to $ 600 million.

However, it can be said that the gradual and regular increase is observed especially in March and April.

1. Internet interesting line safhada

How does the interest of the Internet relate to the price?

According to CoinDesk writer Willy Woo, most processors and buyers first price Google.

Internet calls for Ether have increased rapidly in recent years. However, according to Google Trends, the upward price movement is at the same time with some significant tensions.

Internet calls to Ether peaked in mid-March. The word "Ethereum" reached the highest popularity between March 12-18.

According to Google Trends, searches for "ethereum" words vary greatly geographically. When we look at the last 5 years, Switzerland is the country with the highest number of ethereal words. Switzerland is following Venezuela.

1. Bitcoin stocks sell ether

Many of the major stock exchanges offer customers the opportunity to do ether transactions. ETH / BTC opened the Polonyex crypto pair, which is the biggest single stock exchange in terms of volume, in August of 2015 for its users.

Kraken, Bitfinex, Coinbase and Gemini soon followed Poloniex's footprint. Some of these exchanges can even make ETH / USD transactions. Some stock markets can be traded off the stock market with ether.For example, in 2016, Genesis Trading opened off-the-shelf ether transactions. Octogen Strategy also started offering the same service to its customers in March 2017.

1. Ethereum has its own tokens

With the design of the Ethereum platform, developers can print their own money through the blockchain network.

The token sales of the Ethereum-based projects have also increased since last year. The increase is expected to gain momentum with confidence. As a result, the widespread belief is that the interest in these projects will continue to increase with interest and demand.