Ethereum, the # 2 cryptocurrency on Coinmarketcap, continues to shine even after Bitcoin's big drop a few days ago, but Ethereum continues to capture a large portion of Dominance.

As the launch of ETFs for Ethereum began recently, which led to a significant increase in activity on the Ethereum network.

In spite of the rise in gas significantly, but the addresses of Ethereum active record new heights unprecedented.

We are still waiting for the next move from Bitcoin as it is the main driver of the market as it is in a critical stage with the 50K line and we do not know where the next trend will be.


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#### Ethereum and Growth

Ethereum continues to grow as the second largest digital currency in terms of overall market capitalization, after Bitcoin.

The graph provided by the well-known investigative organization Glassnode shows that the amount of dynamic Ethereum addresses showed a record high and started to evolve continuously for potential gains since the start of this year.

This week saw a noticeable and rapid rally, as the amount of Ethereum delivered rose to 700,000 on April 21 from 500,000 on April 15th.

A comparative height was last recorded in January 2018, according to a similar chart provided by Glassnode.

The next day, on April 22, 2021, the second largest computerized money, ETH, reached an unprecedented level of $ 2,600 in the "binance" stage.

The sudden surge in value was mostly identified by the sending of three Ethereum ETF assets into Canada on the Toronto Stock Exchange.

Be that as it may, from that point onwards, the cost of Ethereum has decreased and the cost of Ethereum has fallen, with funds currently trading at $ 2,200, as indicated in the "CoinMarketCap" information, after Bitcoin decayed from the $ 50,000 mark, causing the cryptocurrency market to plummet. generally.


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