[Taklimakan Blog] There Is an Explosive Surge of Interest in Ethereum on the Internet

Ethereum Google searches soared to all-time highs following a rally in ETH.

According to the analytical service Google Trends, a sharp increase in the number of requests on the topic of Ethereum has continued on the Internet recently.

Since then, widespread interest in this blockchain project has not faded at all, continuing to update record values. According to Google Trends, these numbers have already surpassed 2017 levels, when then little-known ETH began its first bull run to all-time highs above $1400.

2021 is truly a new year for Ethereum

Since then, a lot has changed both in the Ethereum ecosystem and in the crypto space in general. Now ICOs have ceased to be the main driver of the market, and the Ethereum blockchain has managed to acquire a whole list of fundamental factors that promise it bullish prospects.

Thus, the Ethereum ecosystem has become the “home” for the boom in the decentralized finance (DeFi) industry, which has developed mainly on this blockchain.

One of the most important events of 2020 for the project was the long-awaited launch on December 1 of the zero phases of the updated Ethereum 2.0 protocol — the Beaconchain network. It should address the existing network speed and scalability issues. Besides, moving to a more efficient Proof-of-Stake (PoS) consensus algorithm will allow users to benefit from all the staking opportunities.