Ethereum Gets Wall Street Sales Force as Token Lags Bitcoin (1)

Ethereum used to be seen as the most likely challenger to Bitcoin’s status as the preeminent cryptocurrency, and the one best positioned to make the blockchain a more useful technology.

But as Bitcoin and many other cryptocurrencies have been soaring in recent months — thanks to President Donald Trump’s embrace — Ethereum has struggled to keep pace, despite hosting the second most valuable digital token, Ether. While Bitcoin has gone up about 160% over the last year, Ether has only risen 45%.

To help the token and its decentralized network regain some momentum, the founder of Ethereum, Vitalik Buterin, ...