A global financial service group, deVere predicted that ethereum price will achieve $2500, and rise continuously in 2019 and 2020. deVere believed that the rise of eth is due to the extensive use of digital currency and smart contract.
The CEO of deVere, Nigel Green told MarketWatch that the rise of ethereum is caused by three reasons. Firstly, more and more platforms use eth as trading tool. Secondly, the use of eth smart contract is more general. Thirdly, the development of decentralized cloud computing technique.
Green declared that improving the regulation will increase investors’ confidence and protect them better.