The volume of cryptocurrencies is increasing day by day. The giant of Ethereum, which has been on the rise in recent days, left behind the world giant brands.
Bitcoin is about to surpass big countries.
The uptrend continues in Ethereum, the second most popular cryptocurrency by market cap. Ethereum, which fell below the $ 100 level in March 2020, exceeded the $ 2,000 level with the impact of the enormous growth experienced in the decentralized finance (DeFi) and Unique Tokens (NFT) sectors.
Along with the price of Ethereum, its market value also reached an all-time high. Thus, the market value of Ethereum, the world’s second most popular crypto currency, surpassed the total value of giant companies such as Netflix, Adobe, Verizon, Exxon Mobile, Coca-Cola, and L’Oréal.
Bitcoin challenges the giants
On the other hand, the value of the leading crypto currency Bitcoin reached $ 1.12 trillion, surpassing Facebook. The next goal of Bitcoin, which rose to 5th place among the 10 most valuable companies, surpassing giants such as Tesla, Facebook, Tencent and Alibaba, is to leave behind the GDP of the countries described as superpowers. Bitcoin is taking firm steps towards this goal, such that, last month, the value of Bitcoin surpassed Mexico’s GDP.