We were waiting for it. We were expecting it. Ethereum made it. While Bitcoin is grinding and grinding without even waiting for the people who are late, Ethereum, as for him, was waiting and playing with our patience. I already wrote about it in a previous article : https://www.publish0x.com/clemnms51/when-will-eth-go-to-the-moon-xxwrjpn
Retrospectively, was it inevitable ?
I borrowed this sentence to Elon Musk, of course, and I think it was rather evident that ETH will know a clear rise and you had to purchase bags of it before that rise. Indeed, Ethereum is the oldest and the most famous blockchain in the crypto-environment, and with the bullrun we're currently seeing, it was almost a certitude that ETH would be worth to invest in. Nowadays, ETH token swings between 1 900$ and 2 000$, while it only broke its ATH less than one month ago at 1 500$. A worth investment, as we said.
Will ETH 2.0 be a game changer ?
ETH 2.0 is supposed to reduce fees and accelerates transactions validation. Some ETH Dapps have already launched the ETH 2.0 layer as Synthetix Netxork for example. The first results seem very promising, but insignificant as the whole Ethereum network represents much more transaction than only few Dapps. Let's remind us that ETH 2.0 makes a transition from the PoW (Proof of Work) to PoS (Proof of Stake) with the sharding technology. If Vitalik Buterin and his team have worked well, Ethereum may keep the lead for the blockchain industry.
And you, do you own a lot of ETH ?
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