#ETHOvertakesNetflix

Has Ethereum Overtaken Netflix?

Yes — Ethereum’s market cap has recently surpassed Netflix’s:

As of August 13, when ETH briefly traded above $4,600, its market capitalization rose to around $556 billion, placing it 25th in global asset rankings—ahead of Netflix.

Earlier, around August 9–12, ETH’s cap flickered between $520–$556 billion, overtaking Netflix (at $515 billion) and even Mastercard ($519 billion).

Why now?

Price Surge

ETH rallied ~20–26% in a week, climbing from ~$3,500 to ~$4,600. This price jump alone boosted its cap well past Netflix.

Institutional Inflows

Massive inflows into spot ETH ETFs, plus large-scale OTC buys (> $150 million in 14 hours), have added fuel to the rally.

Market Sentiment Shift

Ethereum is now seen alongside major global companies, driven by its leadership in DeFi, NFTs, and smart contracts. The narrative is evolving—crypto vs traditional finance.

What’s Next for Ethereum?

Eye on Mastercard & Visa

ETH is now targeting the market caps of Mastercard (~$519 billion) and potentially Visa (~$700 billion).

Momentum + Risks

Continued inflows, ETF interest, and on-chain indicators are bullish. But caution is warranted—the market may face overextension, profit-taking, or macroeconomic headwinds.

Long-Term Evolution

Ethereum’s ongoing upgrades (e.g., scalability, PoS enhancements) and the broader DeFi/NFT economy could further validate its valuation — especially as it competes conceptually with legacy financial infrastructure.