Ethereum rallies back above $190, as Devcon pump finally arrives

Ethereum has risen over 6 percent in price today, as the second-biggest cryptocurrency by market cap spiked over 5 percent in a couple of hours to hit a high of $194.

However, looking at the bigger picture, the price of Ethereum is still down over 14 percent from the token’s September 19 high of  $222. But after losing 40 percent of its value to make a low of $157 on September 26, Ethereum has now surged over 18 percent since, and 13 percent in the last 3-days to hit its current price of $192.

The break-out in Ethereum’s price comes on day two (of four) of Devcon 5, Ethereum’s flagship developer conference that is currently taking place in Osaka, Japan. So far at the conference, Ethereum founder Vitalik Buterin has been telling the audience that the Ethereum network’s eventual shift to proof of stake consensus will make the project safer, and harder to attack.

The Ethereum founder was also