The blockchain of Ethereum (ETH) is one of the most used blockchains over the years, and it is one of the most popular digital currency in the world. The blockchain of Ethereum (ETH) helps developers all over the world to build and deploy decentralized applications (Dapp), and this has attracted a lot of developers to the blockchain project.
Ethereum (ETH) Recent Price Trend
Recently, the price trend of the digital currency has not been in line with the use cases and adoption of the coin. The digital currency has lost a great percentage of its value this year, it even declined below the $170 mark for the first time in twelve months. While the digital currency has recovered over that level, trading over the $200 level, the value of the coin is still very far from its all-time high.
Ethereum (ETH) Price Today – ETH / USD
At the time of writing, Ethereum (ETH) is changing hands at $226 after an increase of about three percent over the past twenty-four hours. The current market cap of the digital currency is $23.14 billion and its trading volume over the past twenty-four hours is $1.63 billion.
The Blockchain of Ethereum Is the Most Actively Developed
Ethereum has provided a swift and simple platform for the development of Dapps, and it has also helped to push the adoption of digital currencies, as it is the bedrock for most Initial Coin Offerings. The blockchain of Ethereum is one of the most developed in the blockchain space. For instance, the blockchain has seen over one million lines of code changes over the past week.
Ethereum’s coding language – Casper, has seen a couple of changes over the past weeks. Sharding, web3, and more have also experienced the same. Most of these changes on the blockchain are taking place because the developers are working towards Ethereum 2.0.
Ethereum reveals that there is a high level of interest in the blockchain, and more developers are being attracted to the blockchain from all over the world. The blockchain project has a lot of competitors, nevertheless, it has been able to stand tall over the years.