Ethereum (ETH) now has a US$31 billion market capitalization, second only to Bitcoin’s US$93 billion. Over the past 24 hours, ETH was the second largest digital cryptocurrency or asset by trade volume, below Bitcoin. Despite a spike in price in the days preceding the Byzantium Fork, which is now live and running smoothly, price remains largely range bound. The Metropolis update will also include a second hard fork, Constantinople, expected in 2018.

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