Ethereum Surpasses Mastercard in Market Cap, Suggesting Potential for Further Growth in Global Asset Rankings
Main Idea
Ethereum has surpassed Mastercard in market capitalization, reaching $519.48 billion, indicating its growing prominence in global asset rankings and potential for further growth driven by DeFi and NFT sectors.
Key Points
1. Ethereum's market cap is $519.48 billion, exceeding Mastercard's $519.19 billion valuation.
2. ETH's price increased by 6.99% in the last 24 hours, completing a strong 30-day rally.
3. Growth in decentralized finance (DeFi) and non-fungible tokens (NFTs) has bolstered Ethereum's market position.
4. Trading volume over the past 24 hours was $38.09 billion, reflecting sustained market activity.
5. Institutional interest and advancements in scalability and network efficiency may further enhance Ethereum's global asset ranking.
Description
Ethereum has surpassed Mastercard in market capitalization, reaching $519.48 billion, marking it as the 22nd most valuable asset globally. Ethereum achieved a market capitalization of $519.48 billion, which exceeded Mastercard’s
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