Ethereum widens gains to three-week high

Ethereum rose on Wednesday for another day to three-week highs on higher demand on the world's second largest cryptocurrency, after the announcement that the ethereum network is ready for the hard fork process. 

At Bitstamp, Ethereum rose $1.31, or 1.1% to $122.05, with an intraday low at $120.47, and the highest since January 19 at $125.12. 

Ethereum rose 1.15% on Tuesday, the second profit in three days, buoyed by the $120 level. 

The Ethereum network announced that on February 25, the hard fork process for ethereum will be finished, updating a widespread range of issues and features. 

This is the third time of announcing the launch after two failures for late-discovered issues. 

The new propelled ethereum back to the second place among the world's ladder of most valuable cryptocurrencies as ripple receded to third place.