RATE Group | Ethereum Remains One of the Most Popular Blockchain Networks • Live Bitcoin News
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Ethereum Remains One of the Most Popular Blockchain Networks • Live Bitcoin News

13 Dec Ethereum Remains One of the Most Popular Blockchain Networks • Live Bitcoin News

Posted at 09:11h in Ethereum News by

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The Ethereum Network remains one of the most popular blockchains for new cryptocurrencies and crypto-based apps thanks, in part, to its smart contracts capabilities, and new data for 2018 suggests a network wrought with projects and growing trust amongst industry colleagues.

Ethereum Is a Loved Asset

Ethereum was a long-time holder of the number two position in the top ten list of largest cryptocurrencies by market cap. As of late, that position is now held by Ripple and its cryptocurrency XRP, though trust in the Ethereum network hasn’t gone down – despite ether’s price drop from roughly $1,400 in February to about $88 at press time.

No doubt, a crypto winter has gathered on the horizon, but Ethereum, itself, appears to be doing quite well. In 2018, the network processed a total of 353 million transactions. That’s an increase of approximately 100 million transactions in just the last six months alone. At the time of writing, the average number of daily transactions stands at…

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