Ethereum Surpasses Mastercard and Netflix in Market Value

Ethereum has reached a historic milestone, breaking its all-time high price record and exceeding $4,887. This surge in value is attributed to strong institutional demand, growing confidence in crypto assets, and increasing activity in decentralized finance (DeFi). Ethereum’s price surged by 14% within 24 hours, marking its strongest performance in over four years, according to TradingView. Its trading volume exceeded 353K ETH, a testament to the intense market participation driving this rally.