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Below are Views On Ethereum Rally: Views of Mr. Vikram Rangala, COO, ZebPay

Ethereum has recently rolled out or announced a bunch of upgrades, like sharding, staking, burning, and measures to lower transaction costs, also known as gas fees. Not all investors understand these technical terms fully, but these developments are boosting confidence that Ethereum is a powerful technology that is only getting more powerful. NFTs, DeFi (decentralized finance), and other applications are also in the mainstream news and even pop culture. Just as more people are learning that Bitcoin is not just a speculation bubble but a fundamental technology breakthrough, they’re learning the same about Ethereum. In the short term, we may well see a lot more price fluctuation, but long-term, there is serious underlying value.”

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