The price of Ethereum on the Binance crypto exchange for the first time rose to $ 2.28 thousand, updating its all-time high. Over the past day, Ethereum has risen in price by 6%, writes RBC Crypto.
As of 19:05 Moscow time, the digital coin is trading at $ 2.28 thousand. According to CoinGecko, the altcoin’s capitalization is $ 262 billion. Since the beginning of the year, it has risen in price by 196%.
Ethereum’s growth comes ahead of the Berlin hard fork, which is scheduled for April 14. The update contains four proposals for improving Ethereum, including changes to the algorithm for calculating the cost of transaction fees on the network (EIP-2565 and EIP-2929), as well as new types of transactions (EIP-2930 and EIP-2718). Berlin is one of the blockchain updates to Ethereum 2.0.
Against the backdrop of the growth of altcoin, fees for transactions on the network also increased. According to the statistics service Bitinfocharts, in early April, the average Ethereum transaction fee reached $ 11.54. Now it is $ 7.3.
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