The cryptocurrency Ethereum surpasses Netflix and Mastercard in market capitalization
The digital coin Ethereum has risen in the list of the largest global assets, overtaking Netflix and Mastercard in market capitalization. According to CoinMarketCap data from August 13, the price of ETH has increased to $4613, corresponding to a daily growth of 7.67%.
Ethereum still surpasses Eli Lilly ($573.22 billion), iShares Core S&P 500 ($579.66 billion), and SPDR S&P 500 ETF Trust ($589.84 billion). It is also worth noting the company Visa with a figure of $653.59 billion. Leading positions are held by global corporations and the largest index funds, while Ethereum continues to narrow the gap, demonstrating steady growth amid positive news and increased demand.
The growth of ETH above the mark of $4,600 reignites discussions about the potential achievement of historical price highs and the cryptocurrency's consolidation within the top 20 global assets by capitalization. At the current exchange rate, the digital currency Ethereum has also surpassed other major global companies, marking another milestone in the recognition of digital assets in the financial world.