The native token of the most popular smart contract platform, Ethereum (ETH), just surpassed the USD 3,000 level for the first time in its history.
At 03:20 UTC, ETH trades at USD 3,038 and is up by 3% in a day and 32% in a week. The price is now up by 1,320% in a year.
ETH is the second-best performer among the top 10 largest crypto-assets by market capitalization today, only after Uniswap (UNI) that is up by 11%, trading at more than USD 44.
Meanwhile, the most popular cryptocurrency, bitcoin (BTC), increased by 1% in a day and 19% in a week, reaching USD 58,105.
“Ethereum is rising and not much seems to be in its way,” Edward Moya, a senior market analyst at Oanda Corp., per Bloomberg, wrote in a note Friday, adding that other tokens were also seeing “fresh interest.” Also, Evercore ISI strategist Rich Ross has set a target of USD 3,900 for the token, the report added.