2021 has turned out to be a favorable year for the world’s second largest cryptocurrency, Ether (ETH), which has quadrupled in value in the last 12 months.
In this way, Ether has overcome the appreciation of the prevailing currency, and has gained a greater percentage of the global cryptocurrency market by capitalization. While the broader crypto markets have enjoyed a year of relative gains, the rise in the value of ETH has paralleled improvements to the core protocol of, which have laid the final pillars for its transition to a proof consensus protocol. -of-stake in 2022.
Certain Ethereum Enhancement Proposals (EIPs) have been the focus of the wider Ethereum community and have proven critical to “The Merge” with the Test Stake Beacon Chain taking place in 2022.
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