Ethereum 2.0: The Future of the Ethereum Network

in blockchain •  3 years ago 

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Ethereum in currently the queen of the cryptocurrency world, second only to Bitcoin in total market cap. With an ever-growing market share of the cryptocurrency space, Ethereum has taken its place as the most dominant modern cryptocurrency network, becoming the foundation for a numerous amount of other blockchain projects, development protocols, and all kinds of new, innovative technologies.

Since the creation of Ethereum in 2013 and the launch of the network in 2015, Ethereum has grown in size exponentially and is still growing today. In recent weeks, Ethereum has undergone a meteoric rise of over 90% in a month up from $2100 USD in mid-April to an all time high of $4300 USD before a sell off brought the price tag back down to the $3250 USD range.
While a pullback was necessary after such as steep rise, Ethereum still has much further to go this bull run should the interest from institutional and cryptocurrency investors continue on. Much of the attention Ethereum is getting is from the announcement of Ethereum 2.0, a future improvement to the entire network that is aiming to make Ethereum more scalable, sustainable, and secure.
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