Ethereum became the 50th most valuable asset, overtaking stocks of key companies like Walt Disney, Cisco, Astrazeneca, Alibaba and T-Mobile.
The classification by Companiesmarketcap.com indicates that Ethereum is currently valued at a market cap of $195.5 billion while Walt Disney is just below with a valuation of $193.15 billion.
Market capitalization is described as the value of a listed company. In most cases, it can be easily calculated by multiplying the stock price by the number of shares outstanding.
Ethereum joined Bitcoin (valued at $399.42 billion) as the only other cryptocurrency in the top 50 most valuable assets with Bitcoin ranked 14th in the list, just above Walmart and below Visa. .
Gold is the most valuable asset in the world right now with the market capitalization reaching T$10.876 and its price is $1,648. Below gold we have Apple, Saudi Aramco, Alphabet (Google) and Microsoft finishing in the top 5.
Below is the full list of the 50 most valuable assets:
- Saudi Arabia
- Alphabet (Google)
- You’re here
- Berkshire Hathaway
- Exxon Mobil
- Johnson $ Johnson
- JPMorgan Chase
- SPDR S&P 500 ETF Trust
- Eli Lily
- Procter & Gamble
- Home deposit
- Bank of America
- Metaplatforms (Facebook)
- Coca Cola
- Novo Nordisk
- Kweichow Mutai
- Trust Industries
- Thermo Fisher Scientific
- waltz disney
At the time of writing (October 30, 2022), Ethereum is priced at $1,622 up 25%.
Ethereum last 7 days
Similarly, the price is up 25% in the past 2 weeks and 21% in the past month despite low price activity following its full transition to proof-of-stake on September 15, 2022, which introduced a new era for smart contracts. network.
The transition was the most significant change to blockchain infrastructure since its launch in 2013, as it reduced its nearly 99.9% energy consumption while setting the stage for further efficiency improvements.
However, a few days after the transition, concerns emerged that 2 knots dominated the new network of points of sale.