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    Ether is a digital coin connected to the Ethereum blockchain that hit a record high this morning. The cryptocurrency has been steadily rising and has seen price gains of 350%, managing to reach $3,456.57 per coin.

    Interest in cryptocurrencies has increased substantially over the past year. This is directly influenced by Bitcoin setting record highs and the number of institutions or companies like Tesla that are buying cryptocurrencies.

    However, Ethereum is supported through its blockchain and software. Ethereum is more similar to a platform that people can build apps on, and Ether is the digital currency used to generate power to the platform.

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