Ethereum’s Price Rises 18% in One Week
The price of Ethereum has been increasing all week while the blockchain gets closer to the first step of its major upgrade.
Ethereum’s price has increased by just under 18% in the last week, according to CoinMarketCap. At the time of writing, the price of Ethereum is $446. This represents a steady 16% increase from Ethereum’s price of $371 exactly one month ago. This price increase is—at least in part—down to excitement and anticipation for the release of Ethereum 2.0.
“With the ETH 2 deposit contract being released, excitement is brewing in the Ethereum community. This is reflected in the recent price increase,” Charles Storry, co-founder of PhutureDAO, told Decrypt.
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