Following making it by way of some lows, Ethereum (ETH) has had an spectacular rebound. Its price tag experienced sunk under $1,800 as lately as July 19. At the time of crafting, it has increased by far more than 120% and is closing in on the $4,000 mark.

If you are interested in Ethereum or you might be by now investing in it, you may well be pondering whether or not now is a fantastic time to buy. It’s generally remarkable to experience a hot investment, but there’s also the temptation to wait for a dip initial.

To start with, it truly is essential to look at what is driving Ethereum’s latest gains.