ETH price tops $2,000 for the first time to hit new all-time high

The price of Ether (ETH), the native cryptocurrency on the Ethereum network, has set new record highs. 

The second largest cryptocurrency by market capitalization is now changing hands at $2,003 on Coinbase Pro as of writing, after topping the $2,000 level for the first time around 3:45 UTC on Saturday.

The price rally of ETH over the past few weeks have pushed Ethereum's market capitalization to above $225 billion, data from CoinGecko shows.

That is up 30% since February 2 when ETH set an all-time-high above $1,500 at the time.