Ether Price Hits Record High as 2021 Gains Near 500 Percent
The surge has also seen Ether - which in the crypto world is also widely referred to as Ethereum - outperform Bitcoin.
By Reuters | Updated: 13 May 2021 10:37 IST
Ether has jumped about 470 percent against dollar this year as Ethereum blockchain becomes widely used
Highlights
Pace of evolution in the Ethereum market has "remained rapid"
US regulators warned investors on Tuesday over risks of Bitcoin futures
Cryptocurrency Ether hit another record high on Wednesday, taking gains this year to close to 500 percent on the back of growing interest in decentralised finance applications and increasing institutional interest in cryptocurrencies.