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13 May 2021

Ethereum Sets a New All-Time High Above $3,500 | Crypto Briefing

Ethereum Sets a New All-Time High Above $3,500 | Crypto Briefing


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Some Ethereum devotees have even called for “The Flippening” later on this year, a hypothetical event that would see Ethereum overtake Bitcoin in market cap.

Though Ethereum is some way away from overtaking Bitcoin, it’s currently in its strongest period of growth since it launched in 2015.

According to Ndinga’s note, Ethereum’s forthcoming move towards Proof-of-Stake will also benefit institutional adoption, since climate risks like those associated with Proof-of-Work are “dominant topics amongst asset managers.”

In addition to its Proof-of-Stake merge, tentatively scheduled to go live later this year, Ethereum will introduce its EIP-1559 proposal on Jul

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