Josemendez
Verified member
It is no longer news that the year 2020 was the best year for altcoins and Bitcoin as well.
ethereum being the second most popular and most used cryptocurrency network is going to soar high in this new year 2021. This is based on the following reasons ;
1. The launch of ethereum 2.0
Prior to launch of ethereum 2.0 ,there has been problems in terms of the time for an ethereum transaction to be confirmed on the ethereum network , also there was high gas fee associated with almost all ethereum transactions .
The launch of ethereum 2.0 has helped to reduce this high gas fee and has gained back investors trust.
2. Ethereum having a comfortable Environment for smart contracts and Defi projects.
Ethereum is the most used network for building new projects especially Defi projects .
the transaction that will be happening on this ethereum based projects must have to deal with ethereum and this will help to increase the rice more and more , because people who operate these projects will have need to buy and holdl ethereum.
ethereum being the second most popular and most used cryptocurrency network is going to soar high in this new year 2021. This is based on the following reasons ;
1. The launch of ethereum 2.0
Prior to launch of ethereum 2.0 ,there has been problems in terms of the time for an ethereum transaction to be confirmed on the ethereum network , also there was high gas fee associated with almost all ethereum transactions .
The launch of ethereum 2.0 has helped to reduce this high gas fee and has gained back investors trust.
2. Ethereum having a comfortable Environment for smart contracts and Defi projects.
Ethereum is the most used network for building new projects especially Defi projects .
the transaction that will be happening on this ethereum based projects must have to deal with ethereum and this will help to increase the rice more and more , because people who operate these projects will have need to buy and holdl ethereum.