News Explorer — Ethereum Hits 22-Month High, Approaching $4,000

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Feb 26, 4:28 pm

Decrypt

Ethereum Hits 22-Month High, Approaching $4,000

Ethereum (ETH) has reached a 22-month high, trading at $3,151 and gaining 3.5% in the past day and over 8% in the past week. The upcoming "Dencun" upgrade aims to address scalability issues and make the network faster and cheaper to use. Traditional Wall Street firms like BlackRock and Grayscale are awaiting SEC approval for an Ethereum exchange-traded product.

Ethereum (ETH) has reached a 22-month high, trading at $3,151 and gaining 3.5% in the past day and over 8% in the past week. The upcoming "Dencun" upgrade aims to address scalability issues and make the network faster and cheaper to use. Traditional Wall Street firms like BlackRock and Grayscale are awaiting SEC approval for an Ethereum exchange-traded product.

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