Ethereum Price Hits All Time High of $750 Following Speed Boost

Ethereum’s price surge continued into today as the digital currency topped $700 to reach a high of $750 according to This brought Ethereum’s market capitalization to an astonishing $72.5 bln. However, as Bitcoin mounted a comeback, returning to near-record highs, Ethereum slipped. At press time, Ethereum was trading for $640.

Transaction throughput

The network’s transaction speed and fee normalisation seem to have influenced the prince increase. Co-founder Vitalik Buterin posted on Twitter Wednesday that the Ethereum network surpassed 10 transactions per second for an entire day on Tuesday.

This has brought down unconfirmed, pending transactions considerably. Ethereum and Bitcoin in recent times have been experiencing huge numbers of pending transactions. According to, Ethereum…

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