Why Ethereum is a worthy crypto investment

Robert Testagrossa continues with another blog today, and he explains why Ethereum is a worthy crypto investment in another informative piece for his very loyal readers.

Ethereum is widely recognized as the second strongest cryptocurrency today, following Bitcoin. However, its recent gains indicate that it is stronger than Bitcoin in several ways, making it a worthy investment. Here are a few reasons why you should consider investing in Ethereum:

1. Its positive trend since its inception

Ethereum is a decentralized software that has also become one of the most dominant cryptocurrencies in the world. The currency is now worth about $1 billion, and at the rate, things are going, it will continue to enjoy an upward trend for the foreseeable future. This continues to draw in an increasing number of investors. The currency's co-founder, Vitalik Buterin, recently said he expects the value of a single Ether to realize a 13-fold increase in value.

2. Its growing visibility and popularity among businesses and institutions

As an open-source platform with huge growth potential, Ethereum is among the most promising of new technologies. Companies and institutions such as Microsoft and IBM have recognized the potential of Ethereum and are investing in it for its future applications. In addition, big corporates like Accenture, Deloitte, JP Morgan and UBS, see great prospects for this technology in the near future.

3. Its growing network of users and developers

Over the past year, the number of transactions across the Ethereum blockchain has increased by more than 100%. Moreover, many people are looking at Ethereum to build new forms of decentralized applications that were not possible on earlier platforms.

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