Ethereum’s Market Value Approaches $520 Billion
Ethereum’s market capitalization this morning (10th) once approached $520 billion, surpassing Netflix and Mastercard, marking its entry into the top 25 global assets for the first time. Institutional buying, on-chain demand, and a shift in regulation have become key driving forces.
(Background: Ethereum surged past $4,300 with a 7% increase; how far is it from its historical high?)
(Additional context: Arthur Hayes’ latest prediction: Bitcoin at $250,000, Ethereum at $10,000 by year-end)
Ethereum Surpasses $4,300 This Morning
This morning, Ethereum reached a high of over $4,300, pushing its market value near $520 billion. It briefly surpassed Mastercard ($519.1 billion) and Netflix ($514.85 billion), ranking 25th in the global asset market value, entering the core of global capital.
Continued Influx of Institutional Funds
In the past 7 days, Ethereum’s price has jumped 23%. Ainvest pointed out that “whales” holding Ethereum have accumulated $667 million in Ethereum since early August; Binance Research also tracked a 127% increase in corporate ETH holdings in July, indicating that institutions are accelerating the inclusion of Ethereum in their long-term asset allocation.
At the same time, on-chain data for ETH has also shown strength, with daily transaction volumes reaching 1.74 million and active addresses exceeding 680,000.
Future Observations for ETH
Most analysts believe that as long as the regulatory framework remains predictable and the progress of Ethereum 2.0 expansion does not face delays, its market value is expected to solidify within the top 25 global assets and continue to challenge upward. The capital market is entering a new phase of “crypto + traditional” co-construction, with participants expanding from early users to include enterprises and governments.
As a market researcher stated:
“It is no longer about whether to accept blockchain, but how to reposition under the new rules.”
However, volatility remains a reality that investors must face. Compared to Bitcoin’s market value of about $2.36 trillion, Ethereum still has a distance to cover, and if the macro environment weakens, the price correction could be exacerbated.
