Ethereum’s market capitalization has reached $337.64 billion, according to 8marketcap data. This milestone positions the cryptocurrency ahead of the Industrial and Commercial Bank of China (ICBC) in global asset rankings, securing the 37th spot worldwide.
The achievement reflects heightened institutional interest and adoption of Ethereum, underscoring its expanding influence within the financial landscape. As the second-largest cryptocurrency by market value, Ethereum’s ascent highlights the shifting dynamics between traditional banking institutions and the decentralized finance sector.