Ether peaked at $4,768, bringing its gains to almost 60% since the start of October. The transaction fee on Ethereum was $41.5 on average this weekend, almost three times what it was three months ago.
Top places to buy ETH now
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Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is ETH?
Ethereum is the second-biggest crypto by market cap. The Ethereum platform is an open-source based one and the crypto is not bound by limits like Bitcoin. It is a distributed and decentralized computer system that features smart contracts.
Should I buy ETH today?
It depends on whether you believe its price will keep increasing in the near term. Its transaction fees might prove to be a deterrent to this prospect. Keep in mind the price of Ethereum has reached a record today.
Price ETH prediction
According to a panel of cryptocurrency experts on personal finance comparison site Finder, the price of Ethereum will reach $5,114 by the end of 2021, $15,364 by 2025, and $50,788 by the end of 2030.