The price of Ethereum, the second-largest coin by market cap, hit $3,000 for the first time on Sunday evening, according to data from Nomics. After breaking that bar, it kept climbing to a new all-time-high of $3,042. ETH is now up more than 1,300% in the past year and boasts a market cap of $352 billion.
Ethereum’s rise this week follows reports that the European Investment Bank (EIB) sold $121 million worth of digital bonds on Ethereum. Goldman Sachs, Societe Generale and Banco Santander also played a role in the EIB’s bond sale, Bloomberg Law reported. The news was treated as another sign of Ethereum’s staying power for a myriad of financial use cases.
The EIB used Ethereum because the network allows for the creation of multiple fungible tokens, known as ERC-20 tokens. The EIB test came after Santander used Ethereum mainnet for its own blockchain bonds in September 2019. Both are big endorsements of the network.
The ETH times are a-changin’
A number of highly-anticipated upda
Źródło: https://decrypt.co/69705/ethereum-hits-all-time-high-above-3000
