On April 22, Ethereum prices rose above the $2,600 mark, setting a new all-time high.
According to CoinGecko, at the time of writing the record for the cryptocurrency stood at $2,604.27, and the asset’s market capitalization surpassed $300 billion.
Against the backdrop of the price rise, Grayscale Ethereum Trust shares again began trading at a premium.
Graysclale’s $ETHE trust flips back to premium. pic.twitter.com/v8A1Z0PMDC
— unfolded. (@cryptounfolded) April 22, 2021
The day before the Ethereum network recorded a daily record for the number of transactions — 1.56 million transfers. The metric was reached after miners increased the gas limit (block capacity growth) — from 12.5 million to 13.95 million.
On Tuesday, April 20, trading on the Toronto Stock Exchange (TSX) started trading for the first three Ethereum-based ETFs, approved by Canadian regulators.
On April 15, in the cryptocurrency’s mainnet the Berlin hard fork took place, after which the blockchain experienced a disruption.
According to the well-known crypto trader and host of The Wolf Of All Streets, Scott Melker, Ethereum could reach $10,000 by the end of 2021.