Will Ethereum step on gas once more in 2020 ?

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Will Ethereum step on gas once more in 2020 ?
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##### *Here is a little of my review of ethereum*



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#### Carlos is an international relations analyst specializing in cryptocurrency and blockchain technology.  Since 2017, Carlos has written extensively for cryptocurrency sites with more than 2,000 articles published.

#### Ethereum (ETH), the second largest and most popular virtual currency on the market has doubled in price since the beginning of the year.  The main question is whether the crypto currency will be able to repeat the performance once again throughout 2020. There are a number of things that make us think there is a lot going on behind the Ethereum project.




### *Price of Ethereum 2020*


 #### He wrote on the crypto website that there are many factors that can help increase Ethereum in the coming years.  The main question is which new things will help Ethereum move forward in the market once again.





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#### One of the things that can push Ethereum to new highs is related to the premiums paid by many traders to own this virtual currency.  In particular, large investors pay a 220% premium to have access to Ethereum.

#### This shows that the interest of accredited investors and institutions continues to grow.  Not only Bitcoin (BTC) is attracting the attention of traders but other digital assets are also doing it.  One of them is Ethereum, considering that this is the second most valuable virtual currency in the world.


#### Traders entering the market can have a large influence on the prices of these digital currencies.  If demand continues to grow and the market continues to rise for several months, Ethereum will of course double the price.


### *Expanding Decentralized Finance*


#### One of the main things that is helping the market to move forward is related to financial decentralization.  Decentralized finance, also known as DeFi pushes the Ethereum ecosystem to the next level.

 #### There are several projects that collect and attract some funds to the ecosystem and this can have big implications for Ethereum.  The second largest blockchain network in the world is known for delivering smart contracts to the market.  This has now expanded to DeFi, which has become an industry in the crypto space.

 #### As reported by DeFi Pulse, in early February there were more than 3.1 million ETH locked in various Decentralized Finance applications with Maker (MKR) leading the market in 61.6% dominance.


#### Other companies and projects such as InstaDapp, Compound and Uniswap are also developing and attracting larger amounts of funds.

##### *Only a few reviews from me about ethereum.*

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***(278) Madein  By @good-darma Sabtu Tanggal 22 Februari 2020 Pukul 14:00 wib***


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Posted via [neoxian.city](https://www.neoxian.city/@good-darma/will-ethereum-step-on-gas-once-more-in-2020) |  The City of Neoxian
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