According to COINOTAG News on August 23, Ethereum (ETH) climbed to $4,887 following a 14% rise in 24 hours, marking a fresh all-time high. That price level had not been observed in 44 months, reflecting a pronounced short‑term appreciation in the digital-asset market on the reported date.

With a reported market capitalization above $586 billion, Ethereum now ranks 25th among global technology companies by total market value, surpassing legacy firms such as Mastercard and Netflix. The comparable valuation provides a clear benchmark for institutional and retail investors assessing sector positioning and relative size.