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Market capitalization is a metric that can be used to value a company. It is calculated by multiplying a company's outstanding shares by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to using sales or total asset figures. It is also often used to determine how the stock market as a whole is performing.
Ethereum co-founder Joseph Lubin believes ETH could surpass Bitcoin’s market capitalization within the next year, citing increasing adoption by corporate treasury buyers and a maturing ecosystem he calls “digital oil” for the decentralized economy. Speaking to CNBC, Lubin described...
The post Ethereum Could Hit $20K and Flip Bitcoin in 2025 appeared first on Coinpedia Fintech News Ethereum (ETH) has recently made a powerful move, rallying 22% last week to reach $4,300. This surge pushed its market capitalization above...