Ethereum Price Rises To New All-time High

Binance Hourly ETH / USDT Chart from TradingView.

Ethereum’s price has renewed its all-time high at $ 2,646.6 in the Binance ETH / USDT pair.

Over the past day, the asset has grown by 5.7%, in seven days – by 21.2%, in 30 days – by 53.3% (data from CoinGecko). The market capitalization of ETH has exceeded $ 300 billion.

Binance Hourly ETH / USDT Chart from TradingView.

Despite the steady rise in price, the average transaction fee on the Ethereum network is at the end of January.

Such a low figure may be due to an increase in the gas limit and the recent hard fork of Berlin, which optimized various aspects of the platform.

The last Ethereum high was recorded on April 22.