Ethereum Crosses $1,800 — Leading The Way For Smart Contract Platforms Amid Tesla-Bitcoin Focus
Ethereum (ETH) hit a new all-time high of $1,823.80 at press time, up nearly 12% over 24 hours.
The cryptocurrency backs the namesake blockchain platform and has a market capitalization of $205.9 billion — next only to that of Bitcoin (BTC), as per Messari data.
Other smart contract platforms are also rising as of press time, with Elrond (EGLD) up 25.6% at $204.8. Tron (TRX) also traded 25.6% higher at $0.046.
The surge follows CME registering about $33 million of Ethereum futures on the launch day.
Bitcoin traded 20.6% higher at $47,034.40 at press time.
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