The total market value of the cryptocurrency ether increased by 4500% over the next six months.
Ether, created only two years ago, already has second biggest total market capitalization value, behind only the veteran bitcoin, created eight years ago.
Ether is growing exponentially in part due to initial coin offerings (ICOs) - funding schemes used to raise money that often employ the currency.
But part of ether tremendous success is also due to bitcoin's struggle. The internal fight among bitcoin's most ardent users is affecting its price.
And being associated with the WannaCry global ransomware attack, as the coin that victims had to use to pay the ransoms, did not help bitcoin either.
So ether is expected to surpass bitcoin in value somethime in the coming weeks. And that will be a historical moment in the world of cryptocurrent.
I believe ETH has some bright future)
Me too
If you aren't familiar with it be sure to check out NEM/XEM
Blockchain that uses Proof of Importance rather than Proof of Work and it uses way less energy as Bitcoin and others.