The ethereum network's upcoming changes have excited many investors, who think they could boost the ether price.
Analysts at Coinbase said sentiment had been boosted by changes to the ethereum network, which will start to destroy coins.
The Ethereum network is rapidly drawing in new investors, but major changes are coming to the system.
Developers on the Ethereum network are planning major changes to cut transaction fees.
One miner said the major changes to the Ethereum network, which will start to destroy ether coins, have caused "turmoil."
The Ethereum network is planning an overhaul that will "burn" ether and change transaction costs, and many miners aren't happy.