Long-time crypto investors are loving the spike in Ethereum. For the first time ever Ethereum has surpassed $4,000 for the first time. Ethereum is the second most valuable cryptocurrency behind only Bitcoin.
The rise in the value of Ethereum comes from the fact that it’s the currency of choice behind popular NFT’s.
Ethereum has a market cap of $480 billion.
source https://www.simpleprunes.com/2021/05/ethereum-sets-new-record.html