Ether Price passes $100: how to store Ethereum

Ether Price passes $100: how to store Ethereum

Ether price, or the digital currency that fuels the world’s second-greatest blockchain network – Ethereum – reached a value of $100 today.

This means that Ether price hits its new all-time high today.

With a growth of more than 25% over one day only, the Ether price has now increased more than 1,000% during the last year: on January 1st, in fact, it was trading at about $8.

At the moment, while I’m writing this article, the digital currency has a market cap of about $9bn, according to data provided by Coinmarketcap.

Why Ether price is growing

This new all time high comes now when the Ethereum blockchain is fast gaining interest by open-source innovators and financial firms worldwide.

Ethereum became important as the main blockchain used for initial coin offerings (ICO, a process by which people working on blockchain-related projects can sell tokens with the goal of raising funding), while major companies such as JP Morgan and Bank of America are developing a few projects on private versions of the Ethereum blockchain.

On the markets point of view, the development comes also thanks to a strong and continued demand for the Ethereum token.

Ether volume registered 20% of the total digital currency market volumes, below bitcoin (46%) and ahead of litecoin (11.38%).

How to store, buy and sell Ethereum

While the digital currency is gaining more and more interest, reaching new all time highs, you may ask yourself: “How should I buy, sell and store my Ether tokens?”

Well, HolyTransaction provides a safe place where you can store, buy and sell your Ether tokens in a user-friendly platform.

You can exchange Ethereum in a few minutes by using more than 10 digital currencies we support on our HolyTransaction multicurrency wallet.

Click here to know more about our Ethereum wallet and exchange.

Open your free digital wallet here to store your cryptocurrencies in a safe place.