Ethereum Hits $3,100 and R60,000 Amid Shift to Tech-Centric Crypto Cycle

Ethereum's value has surpassed the $3,000 mark, reaching $3,100, and R60,000, amidst growing anticipation of an all-time high and discussions on the potential of zk-proving to scale the cryptocurrency, described as the next frontier. This development is part of a broader trend in the digital currency space, with Bitcoin also reaching $51,000. The community's focus on technological advancements, including hackathons and meetups, suggests a shift in the cryptocurrency cycle, moving away from mere speculation to a more tech-centric approach. This sentiment is echoed by discussions around Ethereum's resilience and its ability to adapt and thrive amidst challenges, similar to Bitcoin's journey.