Ethereum Price Hike Indicates A DeFi Boom – Commentary
Ethereum hit an all-time high of $3,456.57 as the cryptocurrency extends a rally that has seen its price gain around 360% this year. Ethereum’s price hike represents the rise of Blockchain technology, as the increase in price is considered a response to more and more Defi applications being built on the Ethereum Blockchain. Q1 2021 hedge fund letters, conferences and more With smart contracts and other high-tech applications continually being developed amidst the rise in blockchain on the Ethereum network, the upward trend of crypto price is a tangible representation of mass blockchain technol...