Popular cryptocurrency exchange of Binance has announced that it will be supporting the Constantinople hard fork. The exchange asked holders of ETH to allow sufficient time for deposits to be processed in full before the aforementioned block height is achieved. The exchange went on to assure traders that they will handle all technical requirements related to the event.
Ethereum’s Market Performance Since December 2018
Mid December last year found ETH in the number 3 spot according to market capitalization. This was after XRP edged out the King of Smart Contracts from the number 2 slot as the bear market accelerated with BTC trading at $3,200 on the 15th of December. At the same time, ETH was trading at around $83.
However, due to the certainty of the hard fork that will involve significant enhancement to the network, there has been a renewed interest in ETH that has resulted in the digital asset reclaiming the number 2 spot just a day ago.
ETH is currently valued at $153 which is a 84.3% increase in a period of less than three weeks when compared with the $83 value witnessed mid December. With another 2 weeks to the hard fork, the digital asset might continue to make gains in the crypto markets as excitement and curiosity around the event hits the crypto community.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://sapcrmtutorial.blogspot.com/2019/01/blockchain-news-binance-confirms.html