Without a doubt, Ethereum (ETH) has made it to the hall of fame in the crypto space based on its present achievements. The second cryptocurrency has been making waves because together with Bitcoin (BTC), they have been at the forefront in pushing the crypto market to a market capitalization of $1 trillion.
A ranking company by the name of CompaniesMarketCap sees ETH’s market capitalization of around $133.7 billion as the icing on the cake as it puts it at the 9th position among top global banks in terms of market valuation. The data provider noted:
“Ethereum ranks 9th when compared to the world’s largest banks in terms of market cap.”
ETH’s market capitalization has since increased to $136.64 billion after surging by 62.26% in the past week, according to CoinMarketCap. Its price is hovering around the $1,200 level, and this is a stone throw away from an all-time high (ATH) of $1,400.
Ethereum’s bull run is just the very beginning
Alex Saunders, the CEO of…