GettyYou have to use phrases like “Ethereum Is Going To The Moon” because we are after all talking about cryptocurrency, the bad boy of the financial world. The original Ethereum value driver was the ICO (initial coin offering), another casino on Meth. I’m going to have to wait a year to make a $1 but that’s not the point. Ethereum transaction costs from 2016 to date Credit:www.bitinfocharts.comDeFi is on the move and Ethereum transaction fees are on the move and block size is jumping to new all time highs. In summary for crypto, use case equals value and this new hit use case for Ethereum is going to drive its value and price up.
Source: Forbes June 30, 2020 16:41 UTC