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.
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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.