171 days ago • Posted by Charles-Henry Monchau

Ethereum is surging above $500 for the 1st time since January 2018

While Bitcoin has been making all the headlines recently, surging above $18,000, it is Ethereum that is suddenly bid, breaking above $500. Ethereum has been the talk of the town in recent months as the crypto community anticipates the release of Ethereum 2.0, a massive upgrade to the Ethereum network that aims to solve long standing scalability issues plaguing the Ethereum network. But ahead of this upgrade, Ethereum's price has kept rising. The cryptocurrency is up +280% year-to-date (source: www.zerohedge.com, Bloomberg) 

Ethereum chart