Ether continues its record run, tops $4,700 for first time

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Ether continues its record run, tops $4,700 for first time
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The world's second-largest cryptocurrency by market cap, which runs on the Ethereum blockchain, was recently at $4,701 on Sunday night, according to Kraken...

The world’s second-largest cryptocurrency by market cap, which runs on the Ethereum blockchain, was recently at $4,708 on Sunday night, according to Kraken data. Ether ETHUSD, +1.75% has steadily notched a string of all-time highs over the past week and a half, since it topped $4,400 for the first time Oct. 28.

Furthermore, a number of crypto experts, including crypto hedge-fund manager Rahul Rai, believe ether is on pace to overtake bitcoin as the No. 1 cryptocurrency around the middle of 2022, an event dubbed “the flippening,” Business Insider reported last week.

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