"Ken Liu, a crypto-currency trader and consultant, found that the rise in prices was due to the volume of transactions.
In May, Liu noted that the price of btc increased in the exponent - just as it was observed in the growth of the number of its transactions.
Using this approach, Liu calculated in mid-May that an increase in the number of daily etherium transactions by 2-2.5 times (from 140,000 transactions a day at that time) would lead to an increase in the price of the ether from 4 to 5.25 times, that is, . this should have resulted in a price ranging from $ 420 to $ 551.
It was on the 17th of May. Since then, the volume of the etherium of transactions has actually increased by about 2.5 times. And the price of the etherium is approaching $ 400 - "to an increase of four times."
Thus, for the etherium to reach $ 1000, we need to come to a transaction volume of 600,000 per day...."
Based on such calculations, its price should already be 1000 ...