In April 2021, the Ethereum market cap reached new heights and grew to over 250 billion U.S. dollars - the first time this cryptocurrency achieved that feat. The market capitalization in August 2020 was half this amount. Market capitalization is calculated by multiplying the total number of Ethereum in circulation by the Ethereum price. Compared to the Bitcoin market capitalization, however, Ethereum was not yet as popular.
Market capitalization of Ethereum (ETH) from August 2013 to May 10, 2022
(in billion U.S. dollars)
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CoinMarketCap. (May 11, 2022). Market capitalization of Ethereum (ETH) from August 2013 to May 10, 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/807195/ethereum-market-capitalization-quarterly/
CoinMarketCap. "Market capitalization of Ethereum (ETH) from August 2013 to May 10, 2022 (in billion U.S. dollars)." Chart. May 11, 2022. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/807195/ethereum-market-capitalization-quarterly/
CoinMarketCap. (2022). Market capitalization of Ethereum (ETH) from August 2013 to May 10, 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/807195/ethereum-market-capitalization-quarterly/
CoinMarketCap. "Market Capitalization of Ethereum (Eth) from August 2013 to May 10, 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 May 2022, https://www.statista.com/statistics/807195/ethereum-market-capitalization-quarterly/
CoinMarketCap, Market capitalization of Ethereum (ETH) from August 2013 to May 10, 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/807195/ethereum-market-capitalization-quarterly/ (last visited May 21, 2022)