Ethereum Surpasses Alibaba in Global Asset Rankings, Reaching $304 Billion Market Cap

Ethereum has officially overtaken tech giant Alibaba for the top spot on global asset market capitalization rankings. According to data from 8marketcap cited by PANews, Ethereum’s (ETH) current market cap stands at $304.26 billion, exceeding Alibaba’s $303.72 billion. This marks a significant development in the digital asset landscape as Ethereum ascends into the ranks of leading global assets, paving the way for its continued growth and prominence within the financial ecosystem.