Currently, the demand for Ethereum is big on the market – mostly because of the bullish move that the second largest cryptocurrency has been making over the past week. More precisely, the ability to come back on its feet after the devastating months of January and February.
Ethereum’s demand in the past year was booming because of its platform and smart contracts and also because of these things Ethereum price will continue to rise. Its platform has a huge potential in the real world commerce. It is predicted that Ethereum will provide interbank transactions, smart contracts connecting to the internet of things. The price of Ethereum was significantly high in the past year but it shows signs of increasing maybe ten times more in the long-term because it still hasn’t reached great mainstream adoption yet.
Ethereum has a great time behind and they are true visionaries. They make smart partnerships with Microsoft for example and also hundreds of other developers working on applications for the Ethereum blockchain that will also influence the growth in price. Having said this, I believe that Ethereum is still eligible to invest in but you should not take this as an investment advice; here are just some facts that explain why Ethereum is a good investment option. Also, you can find more information and price chart analysis for Ethereum here
Image Credit: Descryptive.com
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