It's time to buy ethereum. And there are a few reasons for that.
First, techhnical picture. Ethereum has broken through strong resistance around 314.80. This level has been the key barrier on the way up for almost half a month. The breakthrough may open the way for the move up to 367.75.
Second, Byzantium hardfork. It went into effect Monday morning, initiating the first phase of the platform’s latest protocol upgrade. The hardfork is meant to improve the network’s privacy, scalability, and security. If everything goes right, and it looks like it does, as the average block times had fallen below 20 seconds, etherium may get strong support already in the nearest future.
Third, Sweden standards. The country has formed the environment for ETN's trading. Ethereum is now available via two exchange-traded notes on Nasdaq’s Sweden exchange. And it's a good precedent for further ether expansion.