$ETH
Hi, friends!👋😎
Although there are some dumps, but the price of Ethereum increases.
Why does it increase?🤔
Well, there are several reasons for it. These reasons include technological development, increased interest of investors in DeFi solutions, etc.
Investors try to find DeFi because institutions of centralized management such as banks or some governmental infrastructures want to control everything and oblige several fees for transactions which increase by the time.
Nevertheless, even in blockchain technologies there are some features that ensure traders to be anonimous but help them to stay safe from scammers or other bad guys who can be eager to steel their money.
Furthermore, some countries adopt crypto as a national currency and even United States of America wants to have its own crypto golden reserve.
And Ethereum is one of the most prominent crypto assets with its blockchain technology which ensure safety, quickliness and other necessary features for such a countries and companies who want to have crypto assets as currency reserve.
It can be written a lot but the necessary 100 words have already reached, that's why this post has been already finished.
Good luck!😎👍