On Thursday, Ethereum has reached over $1400 per token and a market cap of over $130.000.000.000. Since the mid of December, the Ethereum value climbs the lader with big steps! About 6 weeks ago, one token costs about $500. One year ago, the Bitcoin value was on the same numbers. Will Ethereum go on the same path as Bitcoin in 2018?
The charts are getting bigger, because the demand is getting way higher and because more money is invested in different projects. On the other side, unlucky developments or critics for one coin for a increase of the other. This is the biggest point for the ETH growth at the moment. China is about to regulate the bitcoin mining, as the energyflow is as high as some complete nations.
Ethereum-Mining soon no more necessary
Ethereum will step back from the Proof-of-Work-Mining to the Proof-of-Stake-Mining in the current year. The last statement mentioned the time in the beginning of 2018. This could be a good point to get a main point for the fight for the first place of all crypto currencies. Proof-of-Stake would be a very important fact for the future. Then, regulations would be superfluous, because not much energy will be used.
That points could be the current positive facts for the run on Ethereum at the moment. Including the more flexible network with better scalability and the Smart Contracts. Not to forget the plans from different big banks with their own Blockchain-Projects on the base of Ethereum.