Despite Bitcoin’s greater popularity, Ethereum is putting up a good fight: yesterday, the cryptocurrency saw more than 400,000 transactions, which happens to be 40,000 higher than what BTC saw on its record day. While there have been no significant price increases, interest and utilization of the network is clear and apparent.



Even though prices aren’t increasing much yet, the transaction numbers means the network is being used. And if it’s being used more than the other frameworks, then maybe the Ethereum framework has some intrinsic value, which at some point will ultimately be reflected in the price. There definitely isn’t any lack of speculation in price increases in the community. Ethereum’s next major update, named Metropolis, is probably only a couple of months away. In the 35 days leading up to the last protocol upgrade, Homestead, Ether prices rose 430 percent, and investors are hoping it will see a similar run this time around.

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Source: [H]ardOCP – Ethereum Sets New Transaction Record, Outperforming Bitcoin