Ethereum: Is $1700 attainable this week?
The last week of October was a game-changer. The month, which was initially monotonous, closed on a positive note, thanks to a collective surge registered by top assets. While Bitcoin’s gains remain capped at 7% on the weekly, Ethereum’s numbers stood at a much-elevated 17%. Post the said surge, the $195.2 billion market-capped asset was trading at the brink of $1600 at press time. Ethereum Investors reach ATH of 88.5 million Irrespective of the price, the adoption of Ethereum has been going on at a swift pace. There has been no looking back for the curve showing the number of non-zero addresses. The said metric claimed a new ATH of 88,580,275 on Tuesday, bringing to light the rise in the number of investors in the Ethereum ecosystem. Source: Glassnode Alongside, large market participants also continue to add to their HODLings. Per Santiment, “Ethereum’s top 10 largest non-exchange addresses have been accumulating assets after their big drop-off lead...