Ethereum Gets Crowned “The Real Winner” as it Experiences a 76% increase in One Month

ethereum price increase

As cryptocurrency prices recover, Ethereum appears to have experienced the most significant rise in price last month.

Between April 1 and May 1, Ethereum has climbed from $392 to $691 reflecting a 76% increase in price. This commendable rise in price has increased the vote of confidence in Ether after it fell from its all-time high of $1330 in December.

Light After Darkness

As the price fell, the technology behind Ethereum struggled to retain its appeal among developers and investors alike. However, the recent recovery rally has given the Ethereum community hope again.

Co-author of Laser whitepaper on Blockchain said that before the end of 2018, Ether would go as high as $800-$900 if not higher. In his words:

SEE ALSO:   2018 might see the shift away from Bitcoin, Ethereum might be able to provide the best return (Ethereum Predictions 2018) - Ethereum vs Bitcoin News -Wed Jun 20

“Ether has proven itself a remarkably robust cryptocurrency thanks to the fact that it doesn’t experience latency issues like its counterpart, Bitcoin. Also, the smart contract feature of the Ethereum blockchain gives it an advantage over other cryptocurrencies as well as fiat money. After passing the bubble phase, we may not see the kind of exponential growth we saw before. However, Ether still has a significant advantage over other cryptocurrencies. Also, the upcoming implementation of the Casper protocol will add to Ether’s value over time.”

Also, managing director and co-founder of Minery, Alexey Paikin, expressed optimize about the future of Ether. Alexey says that the price of Ether will go up as high as $3000- $4000 by the end of the year. Alexey believes that Ethereum dominates the market when it comes to trading.

SEE ALSO:   Ethereum vs EOS Prediction: Can Ethereum Survive The Competition? As EOS Plans To Join the Battle for Dapps This Year - Crypto News Today

Ethereum Bounces Back

In April, Ethereum didn’t attract a positive sentiment after it lost 47.22% of its value within the month.

The co-founder of Delta said that there is no need to lose faith in Ether. According to him, Ether’s spike in price in December and fall in January is no surprise as it wasn’t the only cryptocurrency that was overbought in December 20017. However, it has shown the highest percentage of recovery in the cryptoverse.


Legal Disclaimer: The content of this website ( is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from

SEE ALSO:   Ethereum price predictions 2018: How high can Ethereum go? - ETH Price Today-Wed Jun 20

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Smart About Crypto!

Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!