Ethereum’s Chances of Ending the Year at $480 Surges to 7%

Ethereum’s Chances of Ending the Year at $480 Surges to 7%

Ethereum ETH 11.20.06 21 Jun 2020

Ethereum will soon transition from a proof-of-work (PoW) algorithm to proof-of-stake (PoS). The major protocol upgrade that is scheduled for Q3 2020 will transform the crypto-economic incentives around validating transactions. In fact, those holding ETH will be rewarded for their contribution to maintain the network secure.

This could be the reason why Ethereum whales have been enjoying the…

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