According to the expert, Ethereum has officially overtaken the combined market cap of Goldman Sachs and Bank of China. “ETH now holds greater value than two of the world’s largest financial institutions,” the expert added.
As decentralized technology gains traction in the global economy, Ethereum’s growth surpasses that of legacy financial titans and multinational enterprises. Data reveals that the ETH market cap rose to a whopping $460 billion, dethroning Vanguard with a market cap of $455 billion.
Other significant companies and assets behind ETH include Costco, Johnson and Johnson, and Platinum. Costco boasts a market value of $421.72 billion, while Johnson & Johnson and Platinum boast a market value of $393.87 billion and $364 billion, respectively.
