-
Ethereum’s return to all-time high accompanied by 77% rise in transaction fees
Ether (ETH), the second-largest cryptocurrency by market capitalization, returned to an all-time high on Friday when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous specter of Ethereum’s unwieldy transaction fees made itself felt once more, as the cost of using the blockchain rose 77% across the past few days, in line with a 31% increase to the ETH coin price. Ether recorded green candles for eight of the past nine days, as the coin price rose from a recent bottom of $1,530 on March 26 to the $2,009 valuation witnessed at the time of publication. Transaction fees summarily jumped 77% ... (full story)