ETH's market capitalization hits a new all-time high

advertisement

Ethereum's market capitalization broke its previous all-time high on Thursday, according to market data from TradingView.

The market capitalization, which tracks the total value of all tokens in circulation, reached $149.77 billion. The price of ETH is currently at $1,270 with a market cap of roughly $145.1 billion.

The previous all-time high market cap reached $145.7 billion in January 2018. The latest development came less than a day after the global market capitalization of all cryptocurrencies hit $1 trillion.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
Read Full Story
Aug 11, 2021, 5:18PM UTC
More