Value of ETH in 2023~2024
2024-02-22
https://gyazo.com/84ff04137ac6ba6c785acc75901dea0e
Why is the price so high?
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The completion of the Shapella upgrade, the final step in Ethereum's transition to a proof-of-stake consensus, has been a significant driver of the price increase, with ether trading over $2,000 after the upgrade. Additionally, the emergence of Ethereum as a key blockchain for tokenized real-world assets has increased its utility and attractiveness to investors and institutions, leading to a steady rise in its price.
Furthermore, the potential for additional liquidity and staking rewards has attracted investors, with a significant amount of ether being staked, representing 15% of ether's total market capitalization.
(2)
The completion of the Chapera upgrade, the final stage of Ethereum's transition to proof-of-stake consensus, has been a major driver of the price increase, with post-upgrade Ether trading above $2,000. (2) Ether ETH price moves up after Ethereum upgrade, but what now?
(4) Ether Reaches $2,100 After Shanghai Upgrade, Over 75% Rise in 2023
Moreover, the emergence of Ethereum as a significant blockchain for tokenized real-world assets has increased its utility and attractiveness to investors and institutional investors, leading to a steady rise in its price.
(5) Ethereum emerges as the leading blockchain for tokenized real-world assets
In addition, the potential for additional liquidity and staking fees has attracted investors, and a large amount of Ether, equivalent to 15% of Ether's market capitalization, has been staked.
(2)
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