ETH has gone up since 26.04.2021. Yesterday, May 2, the price of the coin set a new maximum, reaching the mark of $2,954. And today the value of the token has overcome the bar of $3,000
Analysts said it would. Ethereum is currently on the rise. It is possible to grow up to 4,000 dollars for one coin. And this bull market can become even more profitable than the last one.
The ETH price chart shows that for 7 months in a row the cryptocurrency was closed in the green zone. The cost growth was 764%. In addition, the coin has a stronger base than other altcoins. And even Bitcoin is getting more expensive at a slower rate than ETH.
The success of ETH is associated with DeFi, NFT, the popularity of blockchain. Half of the top-100 projects in terms of capitalisation have been built on its basis. Ethereum is also becoming more popular with institutional investors. This is largely due to the hard fork of London, expected in June.
At the time of writing, the cryptocurrency is trading at $3,170. The current increase in its value is associated with the growth of Bitcoin over the last 10 days. We hope Ethereum will surprise investors more than once!