Ethereum is now worth $1,200 in cmparison to $930 this time last Monday. This means a weekly rise of 30%.
This great demand for Ethereum is a result of many ICOs appearing on the marker and a huge amount of decentralized applications, the number of whish is still growing. It is the preferable platform because of its level of support and many improvements of scalability of the pipeline for the network.
Ethereum co-founder, Vitalik Buterin said:
“The Casper aspect of Casper, where two conflicting blocks should not be able to be finalized, seems to actually happen running and the network agrees all along what the final chain is. So that part has been totally successful. On the Sharding side, quite a lot of work has started.”
Ethereum is going to grow at most to force, and it is reflected in its increasing price now.