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RE: Ethereum goes over $350 - Has it broken out of it's past slump? Why?
I think it could be because of the recent news regarding "metropolis" on the Ethereum network.
It was mentioned in one of @crypt0's videos (yesterday I believe) that the first part of that network update is due to be activated.
I guess it's kind of a SegWit-like move on the Ethereum network.
To be clear, I'm not saying Metropolis = SegWit either.