During trading on August 11, Ethereum's market value reached approximately $517 billion, surpassing both Netflix ($516.5 billion) and Mastercard ($514.2 billion), thus ranking 22nd globally in the list of the largest entities by market capitalization.
This qualitative leap reaffirms once again that the project launched in 2015 by Vitalik Buterin has become a key player alongside the giants of finance and technology. It is worth noting that Bitcoin ranks sixth globally with a market value exceeding $2.3 trillion, alongside Alphabet, the parent company of Google.
However, it should be noted that these rankings can change quickly depending on price movements, which makes maintaining this position require continuous price stability for Ethereum.
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