3 reasons Ethereum’s momentum is only accelerating as ETH nears $600

Alongside the high anticipation for Ethereum 2.0, the high time frame breakout and daily gas usage on Ethereum remain key positive factors.

Eth2 momentum accelerates in correlation with price

The Eth2 mainnet will launch when the number of Ether (ETH) staked in the Eth2 deposit contract address hits 524,288.

Data from CryptoQuant found that the value staked in the Eth2 deposit contract address is showing a correlation with the ETH price.

ETH price versus total value staked on eth2.0. Source:…

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