Ethereum has recently been in the stage of active growth, which continued on Monday.
According to Coin Market Cap the Ethereum exchange rate increased by more than 15% last night and reached $1266. Thus, Ethereum recovered the second rank in the cryptocurrency rating according to the level of market cap.
On January 4, the exchange rate of this cryptocurrency for the first time in its two-year history exceeded $1000 and market cap rose above $100 billion. Ethereum became the third cryptocurrency, after bitcoin and Ripple, which reached this value.
As early as the beginning of 2017, Ethereum was worth $10, but since then it has increased 120 times. But it is noteworthy that there have been no recent news that could have a positive impact on this cryptocurrency.
It should be noted that the volume of transactions has doubled recently, exceeding 10 transactions per second. Market cap increased to $118 billion, which accounted for 15% of the total cryptocurrency market.
After this, the gradual depreciation of Ethereum rate has begun and currently its trading for $1131. Market cap also fell slightly to $109 billion. However, Ethereum still remains the second cryptocurrency after Bitcoin by the level market cap, and is ahead of Ripple by $13 billion.