ETH price hits new all-time high above $1,500 days after previous record

The price of ETH, the native cryptocurrency of the Ethereum network, hit a new all-time high on Tuesday.

ETH's value shot past $1,500, according to data from TradingView. This development comes days after ETH's previous record-setting high was hit on January 19. 

At time of writing, ETH is trading hands at roughly $1,515, having hit a high of $1,542.

ETH remains the second-largest cryptocurrency by market capitalization, with today's price surge driving market capitalization to new heights as well. It now sits at roughly $174.2 billion.