Ethereum Market Cap Surges Past $437 Billion, Outranking Costco in Global Asset Value

On July 18, Ethereum’s market capitalization exceeded $437 billion, according to data from 8marketcap. This milestone propelled Ethereum ahead of Costco, a major membership-based warehouse retail company, in terms of global asset valuation. Ethereum’s ascent to the 29th position among the world’s most valuable assets underscores its growing significance in the financial ecosystem. This development highlights the increasing institutional recognition and adoption of blockchain technology as a critical component of diversified investment portfolios.