Ether, the native cryptocurrency of the Ethereum network, has reached a new all-time high of over $16, as the network’s fundamentals and adoption continue to improve. The second-largest cryptocurrency by market capitalization has outperformed Bitcoin and other major coins in the past week, gaining over 30% in value.
Ethereum’s network activity and innovation
One of the main drivers of Ether’s price surge is the increasing network activity and innovation on the Ethereum platform. Ethereum is the leading smart contract platform that enables decentralized applications (DApps), decentralized finance (DeFi), non-fungible tokens (NFTs), and other use cases. According to the data from Etherscan, the number of daily transactions on Ethereum has reached over 1.3 million, the highest level since January 2018. The number of active addresses on Ethereum has also reached over 600,000, the highest level since July 2020.
Ethereum is also the hub of innovation and development in the crypto space, as it hosts the most number of DApps, DeFi protocols, and NFT projects. According to the data from DappRadar, there are over 2,800 DApps on Ethereum, with over 100,000 daily active users and over $40 billion in total value locked. DeFi, which is the fastest-growing sector in the crypto industry, accounts for over 90% of the DApps on Ethereum, with popular protocols such as Uniswap, Aave, Maker, and Compound. NFTs, which are unique digital assets that represent art, collectibles, gaming, and other items, are also gaining traction on Ethereum, with platforms such as CryptoPunks, CryptoKitties, and Rarible.
Ethereum’s network upgrades and scalability
Another factor that is boosting Ether’s price is the network upgrades and scalability solutions that are being implemented or planned on the Ethereum platform. Ethereum is undergoing a major transition from the current proof-of-work (PoW) consensus mechanism to the more efficient and secure proof-of-stake (PoS) consensus mechanism, which will reduce the energy consumption and environmental impact of the network. The transition, which is expected to be completed by the end of 2024, will also increase the network’s throughput and security, and enable new features such as sharding and rollups.
Sharding is a technique that splits the network into multiple parallel chains, called shards, that can process transactions faster and cheaper. Rollups are a technique that aggregates transactions off-chain and submits them to the main chain, reducing the congestion and fees on the network. Both sharding and rollups are expected to increase the scalability and usability of the Ethereum platform, and support the growing demand and adoption of DApps, DeFi, and NFTs.
Ethereum’s network value and adoption
The third factor that is propelling Ether’s price is the network value and adoption of the Ethereum platform. Ethereum is the second-largest cryptocurrency by market capitalization, with over $180 billion in value. Ether is also the most widely used and traded cryptocurrency, with over $40 billion in daily volume and over $20 billion in daily liquidity. Ether is also the most popular cryptocurrency for institutional investors, as it is the second-largest holding of the Grayscale Bitcoin Trust, the largest crypto asset manager in the world. Ether is also the most popular cryptocurrency for retail investors, as it is the most widely available and accessible coin on various platforms, such as Coinbase, Binance, PayPal, and Robinhood.
Ethereum is also the most adopted and influential platform in the crypto space, as it has the largest and most diverse community of developers, users, and supporters. Ethereum has over 200,000 developers, who contribute to the network’s innovation and improvement. Ethereum also has over 10 million users, who interact with the network’s DApps, DeFi, and NFTs. Ethereum also has over 100 million supporters, who believe in the network’s vision and potential.
Ether price surges over $16 as fundamentals strengthen. The second-largest cryptocurrency by market capitalization has outperformed Bitcoin and other major coins in the past week, as the network’s activity, innovation, upgrades, scalability, value, and adoption continue to improve.
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-120x86.png)
