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Ethereum is expected to surge soon!: What you need to know

Picture courtesy : ETF Trends

The second most popular cryptocurrency in the world, Ethereum, might soon see an exponential surge in its value. This comes after the Ethereal Network provided an update regarding destroying a fixed amount of ETH tokens. This will result in a reduction in the number of ETH thereby increasing the value. In the past 12 months, ETH has seen a surge of 811% compared to Bitcoin which has seen a surge of 560%. Ethereum technology is slowly and steadily gaining popularity. Most recently NBA (National Basketball Association) adopted this tech to sell videos and stats on their NBA top shot marketplace.

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