A New Ethereum ATH

DeFi total value locked surges as well

Happy Tuesday, Blockfolians

The Lede

Welp, it finally happened. After weeks of flirting, Ethereum punched over $1420 per ETH - the previous ATH on Bitstamp and the consensus number for the community.

There was much rejoicing in ETH Land. Daily Gwei publisher Anthony Sassano returned from his self-imposed exile.

There is a lot of taking in the moment going on - just as there was a few weeks ago when Bitcoin cleared its all-important barrier of $20,000.

There will be much to explore, debate, and build in the months to come, but for now, 2021 continues to crush.

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Highly Relevant Reading


Community Commentary

Just to reinforce that this is now a battle we’re going to be fighting again
Brian Brooks - former Acting Comptroller of the Currency - shares his thoughts on the way out

A Really Big Number We Should Be Paying Attention To

$25.2B

It’s only appropriate that a new ETH ATH should come with a new ATH in total value locked in DeFi  


Final Thought

An accurate portrayal of most mainstream analysis