Ethereum flips Coca-Cola and Alibaba as ETH gains 42% in 5 days

Ether’s market capitalization surged 42% in five days following the successful launch of Ethereum’s Pectra upgrade on its mainnet.  On May 12, the company data tracker 8marketcap showed that Ether (ETH) surpassing Coca-Cola and Alibaba, ranking as the world’s 39th-largest asset by market capitalization. At publication time, ETH was trading at approximately $2,550, with a market cap exceeding $308 billion.  By comparison, Coca-Cola stock trades at around $70, giving it a market cap of $303 source: https://cointelegraph.com/news/ether-market-cap-surges-past-coca-cola-alibaba-pectra-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound