RE: Ethereum Price Hits Historic $1,000 Milestone; Gets Past $100 Billion Market Cap

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Ethereum Price Hits Historic $1,000 Milestone; Gets Past $100 Billion Market Cap

in ethereum •  7 years ago 

Do you believe this is strongly related to the Casper/PoS developments? People wanting to get ETH in order to stake later on?

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Though Casper is far from reaching a production release, the fact that it has entered alpha testing is bullish for the ethereum price. Ethereum’s developers believe Casper will bring a host of benefits to the ethereum network, not the least of which is the ability to dramatically reduce its inflation rate.