Google Searches for the Term Ethereum Hit Highest Level Since February 2018 – ihodl.com


The interest of users in Ethereum, the second largest crypto in the market by capitalization, is experiencing a significant increase in recent weeks, The Block reports.

Thus, the searches for the term “Ethereum” in the Google search engine have reached their highest level since February 2018.

If we analyze the searches related to Ethereum on a scale of 0 to 100, with 100 being the highest level, on December 10, 2017, 100 was reached, coinciding with the rally of the cryptocurrency market in which Bitcoin hit $20,000. In early 2018, the levels were still high, regularly exceeding 40 and 50.

This indicator reached 33 last week, its highest level since the week of February 4, 2018, when the figure rose to 45.

This increase in the interest of users in the crypto comes just as the protocol is getting closer to the launch of its multi-stage Eth2. The deposit contract reached this week the amount needed to proceed with the launch of the protocol update on December 1. Therefore, the zero phase of the update, which will allow the second largest cryptocurrency by market cap to move from the proof-of-work to the proof-of-stake consensus mechanism, is starting next week.

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