But if you dont heres a quick recap on what Ethereum is.
Ethereum made smart contracts a common part of the blockchain conversation.
Smart contracts are programming tools that let developers write self-executing scripts that run on the Ethereum blockchain.
ETH 2.0 wont be implemented overnight.
In fact, its a series of updates that will begin being implemented in January 2020.
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Ethereum/USD Q1 performance recap
The first quarter of 2019 was uneventful for Ethereums price.
This was the highest price for Ethereum across the whole quarter.
On January 9, a market correction saw Ethereums price enter a month-long downward trend.
It hovered around this price for the rest of the month, closing the quarter at $140.
Over the course of the quarter, the coin grew by 2 percent.
It might not be much but its growth nonetheless.
This would be a trend that would carry on into the first part of Q2.
Ethereum reached an April high of just over $180.
The digital coin continued to trade between $139 and $180 until the last week of April.
However, that market correction was short-lived.
From its $150 bottom on April 26, Ethereum went skyward.
Of course, no rally goes entirely smoothly.
Ethereum did experience a small dip in its trading price after it reached $271.
On June 9, Ethereum was trading at $230.
But again, this in fact marked another bottom as the coin began a second rally.
On June 26 Ethereum reached a quarterly high trading price of $335.
This is also the highest price for Ethereum since August 2018.
Stepping back, Ethereums price had a solid and good quarter.
Major events in Q2 for Ethereum
Despite Ethereums strong uptick in price over the last quarter.
Its not all been plain sailing for Buterins and Co.s decentralized project.
That said, two pieces of research have highlighted that Ethereum is still favored by parts of the community.
Another study found that devs still love Ethereum for dapp development.
There are over 1,600 dapps on the platform,according to a studyby dapp.com.
However, competing platform TRON leads when it comes to the number of active users.
According to dapp.com, TRON-based dapps had over 445,000 active users, while Ethereum lagged behind with just 365,112.
Even so, Ethereum has nearly twice as many active dapps with 664, while TRON has just 338.
Looking forward for Ethereum
It initially looks to be a stable start to the third quarter for Ethereum.
However, as with Bitcoin, Ethereums trading price tumbled to around $200.
Pay attention to development updates to keep on top of how this rolls out.
Story byMatthew Beedham
Matthew is the editor of SHIFT.
He likes electric cars, and other things with wheels, wings, or hulls.
