Ethereum ($ETH ) has officially surpassed luxury brand Hermès in global mainstream asset rankings, securing the 41st spot. This milestone highlights the growing significance of cryptocurrencies in global finance. According to market data, Ethereum’s market capitalization now exceeds that of Hermès, demonstrating strong investor confidence and increasing adoption of blockchain technology.
The achievement comes amid Ethereum’s continued development and recent upgrades, such as the Pectra upgrade, which have improved scalability and smart contract capabilities. This new ranking puts Ethereum alongside major corporate giants, reflecting its transformation from a niche digital asset into a recognized global asset. As institutional interest grows, Ethereum’s climb in the rankings could continue, further integrating it into the mainstream financial ecosystem.