Even the Ethereum is the name of blockchain, it is very often used as the name of the digital currency as well. Ether is the name of the cryptocurrency which runs on the Ethereum blockchain. Vitalik Buterin is the name of the Ethereum developed. He was inspired by Bitcoin so he launched the token with the similar qualities in the middle of 2015. Basic idea of the Ethereum are smart contracts. It is application that automatically execute the terms of contract when certain conditions are met and it seems to be interesting for investors.
Here are 5 thing you may want to learn about Ether\'s evolvement:
It is not an overnight success
Ether is the second largest cryptocurrency by the market cup, below Bitcoin. The market cap of the Ether is around $36 billion and all thanks to first quart of 2017 where market cap increase over $7 billions. From the beginning Ether\'s price increase more then 2800%.
It\'s volume has varied greatly
There was a couple of opposite situations. There was time when trading volume fell below $100 000 within 24 hours, but there was time when activity increased within 24 hours near $600m. In the long time view, market has seen a gradual bullish trending.
Search interest is at its highs
It is not directly price related, but according to Google Trends searching of the Ethereum has rising sharply in the last several years, Slovenia, Netherlands and Singapore are the most popular areas of the searches over the last five years.
Bitcoin exchanges offer trading it
Kraken, Bitfinex, Coinbase, Gemini had started offering ether trading to customers, but it\'s all started with the Poloniex, the biggest exchange terms of Ether/Bitcoin.
Ethereum has its own tokens
Two facts about Ethereum tokens and theirs value. Supply and demand and trust. Just like on every market, the higher demand and lower supply is, the price will be larger. When it comes to trust it is very important for the cryptocurrency to earn trust to make a stable growth.
Ethereum has already been named a Bitcoin killer, but we all know that the Bitcoin was the first cryptocurrency, so it have already earn trust from the users.