Ethereum grew by 6% in 24 hours — the best result among the top cryptocurrencies

The Ethereum cryptocurrency (ETH) grew in value by 6.15% per day, thus outperforming bitcoin and other top cryptocurrencies. According to CoinMarketCap, the total capitalization of Ethereum has risen to $ 202.06 billion, having overcome the resistance level of $ 200 billion.

At the time of writing, ETH is trading at $ 1661. The daily trading volume of Ethereum from September 5 to 6 amounted to $ 16.4 billion. It is interesting that other cryptocurrencies included in the ranking of the tokens with the largest capitalization failed to show the same results. Thus, the flagship cryptocurrency bitcoin rose in price by only 0.58% per day. At the time of writing, the value of BTC is $ 19,849.

Obviously, users are becoming more interested in ETH ahead of its transition to the green blockchain. As we told you yesterday, The Merge will take place on September 15, 02:17:03 (you can follow the time left until the event on Explorer.BTC.com). According to cryptocurrency experts, The Merge will be the most important milestone in the development of the cryptocurrency platform in history. It is worth noting that the merger will lead to a sharp reduction in the production of new ETH coins.