Ethereum co-creator Steven Nerayoff told CNBC that increased interest in cryptocurrency could triple its value in 2018. Ethereum is witnessing an increase in the number of projects, 10 times more this year than last, he said adding that “could easily lead to a doubling, probably a tripling in price by the end of the year.”
Nerayoff also said that the usage of ethereum is on the rise because bitcoin’s rival can process transactions faster and cheaply. However, he added that “there is huge interest by the public and there are more areas in which the public can invest, even in bitcoin, so you could just see an expansion in the entire space.”
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