Ether, the world's second-largest cryptocurrency, is flirting with new highs Tuesday thanks to booming institutional adoption as its larger rival, bitcoin, struggles to pare back massive losses.Key Facts
As of 4:30 p.m.
Ether's surge has been fueled in part by an explosion of decentralized finance on the ethereum blockchain, notes MyEtherWallet chief operating officer Brian Norton, pointing to a 20-fold increase in the value of ether tokens used to back such loans–from $1 billion in February to $20.5 billion currently.
"Ethereum has over five times the number of active developers as bitcoin, and is adding developers at a faster clip every day," adds Norton, noting that an increase in developer activity typically spurs demand for the native token.
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BTC, enigma of the economy system
Hive Blockchain (v.hive) is a big miner of Ethereum and is on a nice run....
Ethereum has always been the soild choice for me, there's soo much upside to it.
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