The crypto stock market is on the rebound, after a slow start to the year that saw the price of ether soar from $10.70 to $1,100 a share.
The stock gained more than $2 billion during the past month.
Ether has seen strong gains in 2017.
The cryptocurrency has seen a sharp increase in its value over the past year, thanks in part to a sharp uptick in the number of people in China, where the currency is traded.
In recent weeks, the cryptocurrency has increased its value as a result of this increased interest.
In China, the price for ether has soared to more than 1,000 yuan ($150) a coin, more than double the $30 a coin it was trading at at the beginning of 2017.
While ether has been a favorite investment for many investors in recent years, the market has not been able to keep up with the surge in demand.
In 2018, ether was trading for just shy of $600 per coin, according to Coinmarketcap.
The current market price is currently around $7,300 per coin.
Ether prices continue to rise.
The value of ether is also likely to increase in the coming years, as the Chinese government will begin issuing new tokens and tokens for other uses, including payments and ICOs.
In addition, China’s crypto-fiat-backed currency, the People’s Bank of China, is set to allow investors to buy ether directly, rather than through exchanges like Bitcoin and EtherDelta.
China’s crypto economy is growing, and the blockchain-based digital currency has shown promise in the country’s capital markets.
The government has also been pushing for a “digital gold standard,” in which it would require cryptocurrency companies to keep records of their sales and profits, so that the country could regulate their operations.
China is also looking to diversify its economy.
Last year, China introduced a national ICO, a cryptocurrency investment vehicle, to create new financial assets.
It was designed to raise a billion yuan ($16 billion) in government bonds in 2020, but the tokens were not approved until 2021.
In 2018 alone, China raised around $11 billion from ICOs, according the China Investment Corporation.