Ethereum Hits All-Time High As Investors Eye New Alt Season

Other altcoins are also rallying.

Tech
11,326 Hypes 4 Comments

Just as Bitcoin reached its all-time high of almost $66,000 USD a little more than a week ago, cryptocurrencies at large rode the wave, and now the world’s largest altcoin Ethereum has also set a new record high.

Currently sitting as the second-largest cryptocurrency by market value, ETH saw an increase of 3.5% earlier today to reach an all-time high of $4,403.93 USD, surpassing its previous record of $4,379.62 USD back in May. Ethereum itself has long been the most used blockchain, with more than 3,000 decentralized apps — referred to as Dapps — running on the platform. The surge in value also coincides with the network’s latest Altair upgrade, which Ethereum 2.0 developer Preston Van Loon announced was successfully activated just earlier in the week.

On top of ETH, other altcoins also rallied in price, with both Binance Coin and Solana gaining back lost value. The latter has been performing exceptionally well this year alongside Polkadot, and the recent surges have suggested to investors that another alt season is arriving.

In other related news, the U.S. government is auctioning off 4.94 Bitcoins.

Read Full Article

What to Read Next

Ethereum and Solana Reach All-Time Highs
Tech

Ethereum and Solana Reach All-Time Highs

Both coins have jumped in value over the last 7 days.

Bitcoin Reaches an All-Time High Above $65,000 USD
Tech

Bitcoin Reaches an All-Time High Above $65,000 USD

The digital coin’s previous record was set in April.

Ethereum Reaches New All-Time High of $4,000 USD
Tech

Ethereum Reaches New All-Time High of $4,000 USD

Its market cap is now close to $480 billion USD.


'Squid Game' Drives Netflix Stock to All-Time High
Entertainment 

'Squid Game' Drives Netflix Stock to All-Time High

The K-drama is currently the most-watched show on the platform.

Pokimane Launches Talent Management Company for Streamers
Gaming

Pokimane Launches Talent Management Company for Streamers

RTS aims to give creators the support they need to avoid early pitfalls.

Burger King Thailand Gives Its Rodeo Burger a Phantom Disguise
Food & Beverage

Burger King Thailand Gives Its Rodeo Burger a Phantom Disguise

Featuring black buns naturally dyed with cocoa.

Drake Reportedly Submitted 'Certified Lover Boy' for Only One Major GRAMMY Category
Music

Drake Reportedly Submitted 'Certified Lover Boy' for Only One Major GRAMMY Category

The album’s cuts were submitted in the rap category.

Fendi Releases Its Winter 2021 Skiwear Line
Fashion

Fendi Releases Its Winter 2021 Skiwear Line

An extensive collection featuring FF monogram goggles, helmets and skis.

Watch the Video Recap of The HYPEBEAST x Pokémon TCG 25th Anniversary
Gaming

Watch the Video Recap of The HYPEBEAST x Pokémon TCG 25th Anniversary

Full Charizard LED column, infinity mirror photo backdrop, Poké Ball wall, and more!


BTS' Jungkook Delivers Passionate Cover of Harry Styles’ “Falling”
Music

BTS' Jungkook Delivers Passionate Cover of Harry Styles’ “Falling”

Surprising BTS fans with the impromptu release.

Nas To Direct Documentary About Influential Hip-Hop Series ‘Video Music Box’
Music

Nas To Direct Documentary About Influential Hip-Hop Series ‘Video Music Box’

The hit show documented New York’s hip-hop music and culture.

Ross Caliendo’s Monochromatic Paintings Hum With Intensity
Art

Ross Caliendo’s Monochromatic Paintings Hum With Intensity

Check out his latest body of work at Ross+Kramer Gallery.

RZA on Selling One-of-a-Kind Wu Tang Album to Martin Shkreli: "It Was in the Wrong Hands"
Music

RZA on Selling One-of-a-Kind Wu Tang Album to Martin Shkreli: "It Was in the Wrong Hands"

The one and only copy of 2014’s ‘Once Upon a Time in Shaolin.’

Beeple to Auction off a New Generative Sculpture Called ‘HUMAN ONE’
Art

Beeple to Auction off a New Generative Sculpture Called ‘HUMAN ONE’

As part of Christie’s 21st Century Evening Sale.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.