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To enjoy unlimited access to our journalism, u003ca href=”https://fortune.com/subscribe/?utm_campaign=subscription-plea&utm_medium=lined-plea&utm_source=site”>subscribe todayu003c/a>.u003c/p>nu003c/div>n u003cp>Ethereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.u003c/p> u003cp>Nigel Green, CEO and founder of deVere Group, says u003ca href=”https://fortune.com/2020/02/19/ethereum-bitcoin-closest-rival-cryptocurrency/”>Ethereum’su003c/a> time has come—and the digital currency is well positioned to increase its market share.u003c/p> u003cp>“Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”u003c/p> u003cp>Ethereum, the world’s u003ca href=”https://fortune.com/longform/ethereum-blockchain-vitalik-buterin/”>second largest cryptocurrencyu003c/a>, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.u003c/p> u003cp>Green argues it’s a more scalable currency and has a superior blockchain technology.u003c/p> u003cp>Ethereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led by u003ca href=”https://fortune.com/company/goldman-sachs-group” target=”_blank”>Goldman Sachsu003c/a>, Banco Santander, and u003ca href=”https://fortune.com/company/societe-generale” target=”_blank”>Societe Generaleu003c/a>.u003c/p> u003cp>The supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names as u003ca href=”https://fortune.com/2021/04/13/ethereum-crypto-google-mastercard-ubs-jp-morgan-funding/”>Mastercard, UBS, and JPMorganu003c/a>. A $1,000 u003ca href=”https://fortune.com/2021/04/29/ethereum-price-how-much-would-it-be-worth-now-historical-value-eth-usd-investment-bitcoin-dogecoin/”>investment in Ether in 2015 would be worthu003c/a> over $4.7 million today.u003c/p> u003cp>“Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green. “There’s a real sense that 2021 is the year for Ether. Its time has come.”u003c/p> “},”children”:[]},{“name”:”html”,”config”:{“content”:”u003ch3>u003cspan style=”font-weight: 400;”>More must-read u003c/span>u003ca href=”https://fortune.com/section/finance/”>u003cspan style=”font-weight: 400;”>finance coverageu003c/span>u003c/a>u003cspan style=”font-weight: 400;”> from u003c/span>u003ci>u003cspan style=”font-weight: 400;”>Fortuneu003c/span>u003c/i>u003cspan style=”font-weight: 400;”>:u003c/span>u003c/h3>nu003cul>nu003cli>Everything to know about u003ca href=”https://fortune.com/2021/04/28/biden-child-tax-credit-3000-dollars-to-parents-irs-when-will-i-get-the-money-how-much-will-i-get/”>Biden’s $3,000 child tax creditu003c/a>—including when the money should arriveu003c/li>nu003cli>Should you u003ca href=”https://fortune.com/2021/05/03/stock-market-update-stocks-sell-in-may-summer-pullback-rebound-outlook/”>“sell in May”u003c/a>? Not this year, say expertsu003c/li>nu003cli>u003ca href=”https://fortune.com/2021/05/03/verizon-sells-yahoo-aol-why/”>3 reasonsu003c/a> Verizon needed to dump what’s left of AOL and Yahoou003c/li>nu003cli>Are CFOs flocking to Bitcoin? u003ca href=”https://fortune.com/2021/05/02/bitcoin-are-cfos-buying-btc-companies/”>No wayu003c/a>, says this high-level adviseru003c/li>nu003cli>Commentary: u003ca href=”https://fortune.com/2021/05/03/china-investor-perspective-global-growth-consumer-story/”>5 things Western investors misunderstand about Chinau003c/a>u003c/li>nu003c/ul>n”},”children”:[]}]}]},{“name”:”advertising-slot”,”config”:{“align”:”center”,”lazyload”:false,”useDynamicChannel”:false,”placementName”:”Outstream”,”slotId”:”Outstream0″,”themeName”:”article”,”targeting”:{“placement_name”:”Outstream”,”index”:1}},”children”:[]},{“name”:”dianomi”,”config”:{“type”:”footer”},”children”:[]}]}]}]}},”componentData”:{},”error”:null,”loading”:false,”player”:{“currentTime”:0,”duration”:0,”loading”:false,”playing”:false,”seek”:0,”src”:””,”visible”:false,”volume”:0.5},”route”:{“status”:200,”redirectTo”:””,”redirectStatus”:0,”action”:”PUSH”,”pathname”:”/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/”,”search”:”?”,”hash”:””},”visible”:{“search”:false,”primaryNav”:false,”freestar”:false,”adminBar”:false},”contactForm”:{“submitting”:false,”submitted”:false,”failed”:false,”validation”:{},”redirect”:””},”user”:{“isLoggedIn”:false,”accessLevel”:null}}; ]]> <![CDATA[!function(e){function r(r){for(var n,i,a=r[0],c=r[1],l=r[2],p=0,s=[];p<a.length;p++)i=a[p],Object.prototype.hasOwnProperty.call(o,i)&&o[i]&&s.push(o[i][0]),o[i]=0;for(n in c)Object.prototype.hasOwnProperty.call(c,n)&&(e[n]=c[n]);for(f&&f(r);s.length;)s.shift()();return u.push.apply(u,l||[]),t()}function t(){for(var e,r=0;r<u.length;r++){for(var t=u[r],n=!0,a=1;a<t.length;a++){var c=t[a];0!==o[c]&&(n=!1)}n&&(u.splice(r–,1),e=i(i.s=t[0]))}return e}var n={},o={81:0},u=[];function i(r){if(n[r])return n[r].exports;var t=n[r]={i:r,l:!1,exports:{}};return e[r].call(t.exports,t,t.exports,i),t.l=!0,t.exports}i.e=function(e){var r=[],t=o[e];if(0!==t)if(t)r.push(t[2]);else{var n=new Promise((function(r,n){t=o[e]=[r,n]}));r.push(t[2]=n);var u,a=document.createElement("script");a.charset="utf-8",a.timeout=120,i.nc&&a.setAttribute("nonce",i.nc),a.src=function(e){return i.p+"static/js/"+({4:"index",25:"npm.intersection-observer"}[e]||e)+".chunk.js?v="+{4:"375df234",25:"dce6c52b"}[e]}(e);var c=new Error;u=function(r){a.onerror=a.onload=null,clearTimeout(l);var t=o[e];if(0!==t){if(t){var n=r&&("load"===r.type?"missing":r.type),u=r&&r.target&&r.target.src;c.message="Loading chunk "+e+" failed.n("+n+": "+u+")",c.name="ChunkLoadError",c.type=n,c.request=u,t[1](c)}o[e]=void 0}};var l=setTimeout((function(){u({type:"timeout",target:a})}),12e4);a.onerror=a.onload=u,document.head.appendChild(a)}return Promise.all(r)},i.m=e,i.c=n,i.d=function(e,r,t){i.o(e,r)||Object.defineProperty(e,r,{enumerable:!0,get:t})},i.r=function(e){"undefined"!=typeof Symbol&&Symbol.toStringTag&&Object.defineProperty(e,Symbol.toStringTag,{value:"Module"}),Object.defineProperty(e,"__esModule",{value:!0})},i.t=function(e,r){if(1&r&&(e=i(e)),8&r)return e;if(4&r&&"object"==typeof e&&e&&e.__esModule)return e;var t=Object.create(null);if(i.r(t),Object.defineProperty(t,"default",{enumerable:!0,value:e}),2&r&&"string"!=typeof e)for(var n in e)i.d(t,n,function(r){return e[r]}.bind(null,n));return t},i.n=function(e){var r=e&&e.__esModule?function(){return e.default}:function(){return e};return i.d(r,"a",r),r},i.o=function(e,r){return Object.prototype.hasOwnProperty.call(e,r)},i.p="https://fortune.com/",i.oe=function(e){throw console.error(e),e};var a=window.webpackJsonp=window.webpackJsonp||[],c=a.push.bind(a);a.push=r,a=a.slice();for(var l=0;l { var g_url = window.location.href; var g_title = document.querySelector(‘title’).text; var g_shareimg = “https://content.fortune.com/wp-content/uploads/2020/02/favicon_144.ico”; var g_desc = document.querySelector(‘meta[property=”og:description”]’).content; WeChat(g_url, g_title, g_shareimg, g_desc); function WeChat(url, title, img, desc) { fetch(“https://www.caifuzhongwen.com/500api/getConfig.do?url=” + encodeURIComponent(encodeURIComponent(location.href)), { mode: “cors” }) .then((response) => response.json()) .then(function (data) { signPackage = data; wx.config(data); wx.ready(function () { wx.updateTimelineShareData({ title: title, link: url, imgUrl: img, success: function () {}, cancel: function () {} }); wx.updateAppMessageShareData({ title: title, desc: desc, link: url, imgUrl: img, success: function () {}, cancel: function () {} }); wx.error(function (res) { //location.href = g_url; }); }); }) } }; script.src = “https://res.wx.qq.com/open/js/jweixin-1.6.0.js”; document.head.appendChild(script); } ]]> You need to enable JavaScript to view this site.