Ethereum is getting a lot of attention in recent times, and many people expect the price pet Ether to go well beyond its current price point. However, it remains to be seen whether or not that can ever happen, as the project is still in its very early stages right now. That being said, various projects built on top of the Ethereum blockchain are capturing the imagination of community members around the world. Most of the focus will remain on the Ethereum price though, as that it what most people seem to care about right now.
Also read: Blockchain Education Events Are Quite Expensive Heavy Focus On Ethereum Price Point
As exciting as the Ethereum technology may be – distributed autonomous organizations, smart contracts, and what else is yet to come – most people only care about the current price. This is not an uncommon scenario in the digital currency world, though, as everything seems to revolve around how to make money, regardless of innovation.
But it has to be said how the Ether currency has created an interesting paradigm across multiple exchange platforms. Before ETH started gaining any traction, most of the alternative currency exchanges were seeing very little trading volume. That situation has come to a change, which creates an exciting paradigm for nearly every exchange platform in the digital currency space.
Cryptocompare CEO Charles Edward Hayter seems to agree: “Ethereum trading has given second life to a number of exchanges with Poloniex dominating the Crypto Trading and Kraken the fiat trading. The interesting change has been the market share of fiat trading pairs to bitcoin with ethereum trading. Before the recent rises when volume was 5,000 BTC per day the market share of bitcoin trading was 94%. Fiat trading directly into Ethereum is rising to […]
