As of June 10, the market capitalization of Ethereum reached $337.64 billion, surpassing the Industrial and Commercial Bank of China for the first time, ranking 37th in the global asset market capitalization list.
July 2015: The Ethereum mainnet went live, with an initial market capitalization of less than $100 million, and it was hardly noticed at the time, regarded merely as a 'geek experiment'.
2017 Bull Market Peak: Ethereum's market capitalization first broke $100 billion, entering the Top 100 global assets, attracting widespread public attention for the first time.
2018 Bear Market: The market capitalization significantly adjusted to less than $15 billion, coinciding with a downturn in the entire cryptocurrency market, leading to skepticism about a 'bubble burst'.
2021 Bull Market Peak (November): Ethereum's market capitalization exceeded $570 billion, setting a new historical high, at one point entering the top 20 in global asset market capitalization, close to Walmart and TSMC.
2022-2023 Bear Market Period: Against the backdrop of Federal Reserve interest rate hikes and stricter cryptocurrency market regulations, Ethereum's market capitalization fell back to the range of $150 billion to $200 billion.
End of 2024 - Mid 2025: With the ETH 2.0 merge, the explosion of the L2 ecosystem, increased institutional engagement, and rising expectations for spot ETFs, the market capitalization rebounded to $337.6 billion, now exceeding the Industrial and Commercial Bank of China, ranking 37th globally.
