Ethereum (ETH) price managed to go above $ 730 today, this great performance delighted investors. Along with this price rise, comments from Ethereum experts and analysts in the cryptocurrency market followed quickly. According to these comments, ETH can set new records in 2021.
The price of Ethereum (ETH) rose quickly, visiting levels it had not seen since 2018. The price of ETH increased by 15% in 24 hours and over 20% in the last 7 days. As of December 28, the market value for Ethereum exceeded $ 80 billion. Ether delighted investors by breaking the $ 700 price barrier that ETH hadn’t broken in a long time.
Could the Ethereum price break records in 2021?
Ryan Sean Adams among Ethereum developers shared his views on Twitter. Adams said Ethereum could overshadow Bitcoin’s performance in 2021.
“When the world doesn’t understand ETH, its value is worth $ 80 billion; how much will it be worth when they understand it?” he commented. This may be hard for some of you to hear, but ETH will outperform BTC in 2021″
This may be hard for some of you to hear but ETH will outperform BTC again in 2021.
– Ryan Sean Adams — rsa.eth (@RyanSAdams) December 26, 2020
The analyst, who has more than 39 thousand followers on Twitter said Ethereum is entering 2021 as a bullish performer, He said ETH could see an all-time high next year.
Cryptocurrency Content Manager Coopahtroopa did not remain silent on Ether’s performance. Coopahtroopa said that the last time the price of ETH was $ 700, people bought it on speculation; this time, thanks to a thriving ecosystem with the DeFi and NFT sector, ETH network usage is growing rapidly.