{"id":10809,"date":"2018-11-27T00:00:00","date_gmt":"2018-11-27T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/11\/27\/ethereum-eth-transaction-levels-stable-despite-price-slump\/"},"modified":"2018-11-27T00:00:00","modified_gmt":"2018-11-27T00:00:00","slug":"ethereum-eth-transaction-levels-stable-despite-price-slump","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/ethereum-eth-transaction-levels-stable-despite-price-slump\/","title":{"rendered":"Ethereum [ETH] Transaction Levels Remain Stable Despite Ether\u00b4s Price Slump"},"content":{"rendered":"
The Ethereum price has been on a nose-dive since the asset saw all-time highs of $1,400 in January this year. As of the time of writing one Ether is priced at $104 which is a 93% drop in less than a year. <\/p>\n
The transaction count saw a sharp increase over the close of 2017 mirroring the price of ether and reaching all-time highs of 1,349,890 transactions in January right around the time the price of the asset also peaked.<\/p>\n
Following the fall of the price of ether, the transactions have seen a sharp fall in the preceding months to September when the transactions started trending sideways despite the continuing fall in prices.<\/p>\n
In September, transaction count fell to its yearly low of 430,315 but has since stabilized around the 500,000 level. This year is the first time that the two parameters are exhibiting a divergence and for a significant period of time.<\/p>\n
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