Ethereum Ranks Top 50 World’s Largest Assets by Market Cap After Recent Price Action

The ranking by Companiesmarketcap.com indicates that Ethereum is currently valued at a market cap of $195.5 billion while Walt Disney is just below at a valuation of  $193.15 billion.

Ethereum has risen to become the 50th most valuable asset surpassing key company stocks like Walt Disney, Cisco, Astrazeneca, Alibaba, and  T-Mobile.

The ranking by Companiesmarketcap.com indicates that Ethereum is currently valued at a market cap of $195.5 billion while Walt Disney is just below at a valuation of  $193.15 billion.

Market Cap is described as the value of a publicly listed company. In most cases, it can be easily calculated by multiplying the share price by the number of outstanding shares.

Ethereum has joined Bitcoin (valued at valued at $399.42 billion) as the only other cryptocurrency in the top 50 most valuable assets with Bitcoin ranked 14th in the list, just above Walmart and below Visa.

Gold is the most valuable asset in the world right now with a market capitalization reaching $10.876 T and is priced at $1,648. Below gold, we have Apple, Saudi Aramco, Alphabet(Google), and Microsoft finishing the top 5.

Below is the full list of the top 50 most valuable assets:

  1. Gold
  2. Apple
  3. Saudi Aramco
  4. Microsoft
  5. Alphabet (Google)
  6. Silver
  7. Amazon
  8. Tesla
  9. Berkshire Hathaway
  10. UnitedHealth
  11. Exxon Mobil
  12. Johnson $ Johnson
  13. Visa
  14. Bitcoin
  15. Walmart
  16. JP Morgan Chase
  17. SPDR S&P 500 ETF Trust
  18. Chevron
  19. Nvidia
  20. Eli Lilly
  21. palladium
  22. LVMH
  23. TSMC
  24. Procter % Gamble
  25. Mastercard
  26. Home Depot
  27. Nestle’
  28. Bank of America
  29. Roche
  30. Samsung
  31. Meta Platforms (Facebook)
  32. Pfizer
  33. Coca Cola
  34. AbbVie
  35. Merck
  36. Tencent
  37. Pepsico
  38. Novo Nordisk
  39. Platinum
  40. Kweichow Moutai
  41. Costco
  42. Oracle
  43. Reliance Industries
  44. McDonald
  45. Shell
  46. ICBC
  47. Thermo Fisher Scientific
  48. Ethereum
  49. ASML
  50. Walt Disney

At the time of writing (Oct 30, 2022), Ethereum is priced at $1,622 up 25%.

Ethereum Last 7 Days

Similarly, the price has increased by 25% in the last 2 weeks, and 21% in the last 1 month despite little price activity following its full transition to Proof of Stake on September 15, 2022, which introduced a new era for the smart contracts network.

The transition was the most significant change on the blockchain’s infrastructure since it was started in 2013 as it cut its energy consumption by almost 99.9% while also setting the stage for further efficiency improvements.

Still, a few days following the transition concerns emerged that 2 nodes were dominating the new POS network.

 

 

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