3 Reasons Why Now is the Time to Invest in Ethereum

Your friend just showed you his Ether wallet and told you that he’s made a 10% profit in the past week by investing in Ethereum. This got you interested, and now you’re thinking of jumping on the cryptocurrency bandwagon. You’ve been doing some research, and now you want to know if it’s time to invest in Ethereum (and maybe other cryptocurrencies). Here are three reasons why now might be the best time to invest in Ethereum.

The Securities And Exchange Commission (SEC) could soon allow U.S. exchanges to trade Ether as a security

The SEC could soon make an announcement that would allow U.S. exchanges to trade Ether as a security, which would open up a huge pool of potential investors and give Ethereum more legitimacy. This move by the SEC will boost Ethereum's economics and finance because Ether prices may increase, giving those who earn Ether more options for what they can do with their earnings.

Developers are launching more apps built on top of the Ethereum platform every day

Ethereum has been growing at a rapid pace and with more developers building on top of its platform, it's not surprising that it's experiencing such an increase. With smart contracts, you can create your own tokens and other digital assets. Plus, there are many predictions that Ethereum will be surpassing bitcoin as the largest cryptocurrency by market cap soon because its economic model is much more sustainable than bitcoins.

The Enterprise Ethereum Alliance connects Fortune 500 companies, startups, and academics working with blockchain technology

In addition to attracting major companies like Microsoft, Intel, and JPMorgan Chase, it has helped finance the development of new software that makes it easier for companies and other organizations to use blockchain technology.