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When has ETH recently risen (will ETH rise this year)

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When has ETH recently risen (will ETH rise this year)

When has ETH recently risen? According to Etherscan data, as of 14:00 Beijing time on June 18th, when has ETH recently risen. The minimum price of ETH is 3. govcoin (formerly Ethereum Classic) and the total ERC-20 tokens issued on the current Ethereum blockchain are 3.2 billion, 3.6 billion and 12.8 billion respectively. The current price of ETH is around $4, down about 20% from its historical high According to CoinMarketCap data, the trading volume of ETH24 hours reached 8. (Data source: bitinfocharts)

ETH trend analysis in the past week:

1. Since early May, prices have shown a slight upward trend; The recent increase is significant ETH’s market value has increased from 50% to 60%

Will ETH rise this year

Editor’s note: This article is from Xiaozha Chatting (ID: xiaonazha88) and is authorized to be reprinted by Daily Planet The recent market situation has indeed been relatively sluggish, especially with ETH prices and ETH prices experiencing a certain degree of correction after a decline. According to the statistics of CoinMarketCap, the price of Ethereum is currently about $1, a whole year from the historical peak, which means that many counterfeit currencies still need to fall a little? But we need to note that there has been no sustained increase in the price of ETH. (Of course, some people also believe that ETH will rise to $20000 this year.) I personally suggest not to blindly invest in this issue. First of all, we should know that Ethereum Network itself is an open source network. It solves the problem of communication between blockchains through sharding technology and can achieve off chain computing, thus also providing verifiable delay functionality for smart contracts. On the other hand, with the arrival of Ethereum 2.0, developers hope to transform the Ethereum consensus mechanism into a consensus algorithm for proof of equity, thereby reducing transaction costs, improving efficiency and other performance costs. Secondly, if ETH can maintain a steady growth momentum, the future value of Ethereum will be greatly affected

As for the trend of next year, I think there are three main reasons:

The first is that Ethereum has launched many DeFi projects, and the total market value of these projects is higher than Bitcoin, so they will break out in the short term. Another factor is that the Ethereum Foundation recently announced the launch of the main network called Ethereum Classic, which is an important measure to promote the development of decentralized finance; The second is that the Ethereum community is promoting the transition from ETH to PoS. Although this measure will not change a series of security vulnerabilities in the current Ethereum ecosystem, this security risk still exists on its main network, which will cause alert attacks in the event of hacker attacks or other major events. The third reason is that the release of ETH2.0 may have a greater impact on ETH, because it will further improve the security and privacy of Ethereum.

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