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Ethereum’s value proposition has been on the rise as the launch of the ETH 2.0 mainnet upgrade looms on the horizon.
It appears that investors are taking notice, as ETH has been caught in the throes of an intense uptrend over the past several days and weeks as the cryptocurrency continues setting fresh 2020 highs.
The three narratives that are primarily helping to drive Ethereum higher at the present moment are relating to ETH 2.0, DeFi, and EIP-1559.
As all of these narratives transition from being rooted in speculation to being more tangible, they will likely continue boosting Ethereum’s value proposition and price.