Ethereum has reached an all-new high, topping $4,400 and showing impressive gains for 2021.
Bitcoin may be the biggest and most well-known cryptocurrency, but Ethereum is solidly in second place. The crypto began the year at roughly $383, but briefly topped $4,400 Thursday evening.
As CNET points out, Ethereum owes much of its success to the fact that developers use the Ethereum network for other altcoins and NFTs, making ether the default currency.