From last few months, the value of ETH is going down. It touched ATH $1300 but now the price of ETH is around $200. I am in big loss by holding ETH.
Why this too much dump? When we will be able to see ETH raise again?
I see the ETH price has decreased significantly, while the BTC price has risen again. these two coins usually BTC and ETH go up together. but remain optimistic if we will see again the ETH will rise again high to the moon. ETH is a coin that has good potential in the future and we must be sure the price of ETH will peak again.
Ethereum 2.0 is coming soon, and it could increase by a thousand fold the Ethereum network’s capacity to process transactions.
Vitalik Buterin, the cofounder of Ethereum who represents the world’s second-largest blockchain, has shared in Prague this week, the new upgrade formerly known as Ethereum 2.0, called Serenity, and has promised to make the network faster, more secure, less energy-intensive, and capable of handling thousands of transactions per second.
NOTE : you can discuss about it here Ethereum 2.0 is coming soonI dont know exactly when
Ethereum 2.0 is launching. But I hope it will make the ETH price rise up again or better than now.