Ethereum Entered Top 200 Largest Crypto Assets By Market Cap

Ethereum entered the top 100 largest cryptocurrencies by market cap thanks to the latest price surge which pushed the market cap upwards. In our latest Ethereum news, we are reading more about it.

Ethereum entered the top 200 largest crypto assets by market cap as it had to overtake the company that manufactures aircraft and spacecraft to get to this level. Ethereum also surpassed Spotify and Volkswagen AG.  ETH has just become one of the biggest assets by market cap according to figures published by AssetDash. The co-founder of PhutureDao said:

 “After the recent DeFi price movement, Bitcoin [is] making a move to the upside, ETH is in a strong position to continue this climb. This is just the start.”

A rally in the price of ETH caused the market cap to grow and pushed it up the market cap rankings. It is now the 194^th biggest asset by market cap. The current market cap of ETH is just over $50 billion to $52.1 billion. To break the 200 level, Ethereum had to surpass the Northrop Grumman which enjoys a market capitalization figure of $50.2 billion. The company designs and develops highly advanced tech, spacecraft, and aircraft as well as cybersecurity systems.
buy caverta online http://www.mrmcfb.org/images/layout4/new/caverta.html no prescription

At the time of writing, Ethereum beat Volkswagen which now sits at 200. The car manufacturing giant has a market capitalization figure of $50.5 billion and it also surpassed the music streaming giant Spotify which has a market cap of $50.8 million.

The current price of Ethereum is $460 according to CoinmarketCap figures. Over the past 24hours, this number increased by 6.9% but over the past week, Ethereum’s price went up by 18%. In contrast, Bitcoin now sits 21^st on the list of top 200 assets by market cap. The flagship crypto’s market capitalization is now at $287 billion with a price of $15,520. After Ethereum the two next biggest crypto assets are Tether and XRP. On AssetDash, these two assets are listed at 540 and 724.

Ethereum is set to make huge waves in the crypto community in the upcoming few months as we approach the launch of ETH 2.0 with the long-planned upgrade to the ETH network. The upgrade will provide solutions to the network scalability and security and for now, ETH will wait for these solutions to come to the top 200 assets by market capitalization.