ETH again costs over $ 300. At the time of writing these words, you pay exactly $ 302.3 for 1 ETH, or as much as 6.8 percent. more than a day earlier. Where did such a jump in the rate come from? We already translate!
ETH at $ 300
ETH has been in a boring consolidation for a long time. Now the rate is clearly rising. Why? This may in part be related to the DeFi bubble. In addition, the total value of funds blocked on DeFi platforms has reached 4 billion dollars. This naturally reduces the supply of cryptocurrency in circulation and thus increases the price.
Ethereum 2.0. nearer and nearer
But that’s not all. The long-awaited latest version of Ethereum, Ethereum 2.0, is once closer to launch. Even an initial launch date for the planned public test network has already been announced.
“After long discussions with customers, the next multi-user test network will be released on August 4. Details about the premiere will be made public in a few days. “
– said Danny Ryan, the coordinator of the work on the platform a few days ago.
Why is it so important? The new version of the network will switch ETH mining to the PoS algorithm (from the current PoW), which will further reduce the supply of cryptocurrencies in circulation.
The Onyx test network was launched in June and until the end of the month it was stable with 20,000 validators. This month, the developers launched a phase 0 network. It is designed to ensure stability prior to testing with private users.
Quantstamp, a blockchain and audit company, approved the ETH 2.0 project last week, and nothing stands in the way of official public testing for multiple clients at the same time
– we wrote a few days ago.
It is possible that rising ETH will soon pull BTC with it.
Watch the course and buy cryptocurrencies!
Also remember that the current one course You can always check Bitcoin and other cryptocurrencies in the tabs: exchange rate Bitcoin and the cryptocurrency rate on the website . In turn, a certain place where you can buy Bitcoin and other kryptowaluty, include Poland cryptocurrency exchange BitBay.net. If you do not have an account on BitBay yet, in this article you will learn how to create one quickly and efficiently: LINK.