Ethereum (ETH) has picked up in the past few days, after being quiet for the past month. The market cap now stands at US$34 million, with US$1 billion traded in the past 24 hours. Price action suggests a re-test of the all time high at US$420, most likely before year’s end.
Excluding Ripple, which boasts almost 1 million transactions a day, ETH continues to have more transactions per day than any other cryptocurrency or asset. Much of this is thanks to continued ICO campaigns, although they appear to have slowed over the past month.
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