ETH becomes the 39th most valuable asset in the world, edging out Chinese tech giant Alibaba

According to 8marketcap data cited by PANews, Ethereum (ETH) has officially surpassed Alibaba in global asset market capitalisation rankings. This milestone highlights Ethereum’s growing significance as a leading digital asset amid the broader financial landscape.

Key Figures:

Ethereum market cap: $304.26 billion

Alibaba market cap: $303.72 billion

ETH now ranks 39th globally among all public companies and assets

Ethereum’s Rise Signals Growing Investor Confidence

The achievement marks a significant milestone for the Ethereum ecosystem, which is increasingly being adopted for decentralised finance (DeFi), NFTs, and enterprise blockchain applications. Its overtaking of Alibaba, one of the world's largest tech companies, signals a broader shift in global asset valuations.

This momentum has been fueled by:

Strong price performance in 2025

Growing institutional interest

Renewed development around Ethereum 2.0 upgrades

Increased utility in layer-2 scaling solutions