[코인리더스] Grayscale “Ethereum (ETH), the currency of a new era”

US cryptocurrency hedge fund Grayscale diagnosed in a recent official report that “Ethereum (ETH, second in market cap) is functioning as a currency in a new era.”

According to Cryptonews, a cryptocurrency media outlet on the 5th (local time), Grayscale said, “The day before (3rd day), an ETH worth of $77 million was added to Grayscale’s Ethereum Trust (GETH) fund.”

Grayscale said, “Currently, GETH’s ETH holdings are about 3 million. ETH valuation is difficult to understand and changes, but if you consider Ethereum as currency, consumer goods, deposit assets, etc., it has sufficient monetary value.”

In fact, according to the cryptocurrency data statistics site Blockchair, the average transaction fee and the median transaction fee of Ethereum recently hit a record high of $23.43 and $11.77, respectively.

Earlier, the highest Ethereum transaction fee was $19, recorded on January 11. Currently, the average transaction fee of ETH is nearly twice that of last year’s DeFi craze.

According to Cointelegraph, the Ethereum gas cost has hit an all-time high. According to the Y chart, the current average gas cost is $17.45. It has risen about 20% in the last 24 hours.

Since there are many DeFi projects that have to execute complex smart contracts, the fee for using DeFi has now exceeded $1,000. The average bitcoin fee is also exceeding $14.

On that day, famous cryptocurrency analyst Michael Van Des Pope analyzed through his Twitter, “The rise of ETH is also not behind Bitcoin. If the Ethereum futures product is listed on the Chicago Merchandise Exchange (CME), the ETH price will rise further.” did.