cointelegraph.com
Mainstream adoption of cryptocurrency continues to reach new highs in 2021 thanks to the growth of popular sectors like decentralized finance (DeFi) and nonfungible tokens (NFT).
The explosive growth seen over the past year would not have been possible without the Ethereum network (ETH), which saw its price break out to a new all-time high on April 27 following the successful launch of the 'Berlin’ upgrade on April 15.
As seen in the chart above, the VORTECS™ Score for Ether began to trend higher on April 23 and registered a high score of 71 on April 25, roughly five hours before the price began to rally 11% over the next two days.
With DeFi-related activity again on the uptrend and excitement building for Eth 2.0 and the full migration to proof-of-stake, Ether price looks well-positioned for further upside.
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