According to 8marketcap data reported by COINOTAG News on June 11, Ethereum’s market capitalization has surged to $337.64 billion. This milestone positions Ethereum ahead of the Industrial and Commercial Bank of China (ICBC) in terms of global asset market capitalization, ranking it 37th worldwide. This development underscores Ethereum’s growing prominence in the financial ecosystem, reflecting increased institutional interest and adoption. As the second-largest cryptocurrency by market cap, Ethereum’s expansion highlights the evolving dynamics between traditional banking institutions and decentralized finance platforms.
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