Ethereum News Today: Ethereum Market Cap Surges 122.05% in 90 Days, Reaches $433.89 Billion

Ethereum's market capitalization reached $437.3 billion, surpassing Costco and marking a significant milestone in the global asset rankings on July 18, 2025. This shift was driven by key institutional investors who increased their interest in Ethereum assets. The cryptocurrency now ranks 29th globally in asset market value, reflecting heightened institutional demand. This demand is exemplified by the influx of funds into U.S.-listed spot Ethereum ETFs, which saw inflows of $726 million in a single trading day, accumulating $2.3 billion across nine days.

Despite this impressive growth, top Ethereum leadership, including Vitalik Buterin, have yet to make public statements regarding this milestone. The Ethereum community's reaction remains robust, bolstered by legislative advancements and institutional endorsements. Analysts note that there are currently no obvious signs of overheating in the market, indicating a stable and growing interest in Ethereum.

This ascent highlights Ethereum's growing appeal among institutional investors. ETF funds see record inflows, indicative of bullish sentiment. The cryptocurrency's market cap is approximately $433.89 billion, maintaining a market dominance of 11.26%, marking a 122.05% increase over 90 days. The positive momentum mirrors past instances where legislative optimism and ETF popularity enhanced market liquidity and adoption.

Ethereum's new ranking underscores a shift seen only a few times, such as in 2021 when cryptocurrencies outpaced S&P 500 firms, fueling broader investment optimism. The cryptocurrency's market cap is approximately $433.89 billion, maintaining a market dominance of 11.26%, marking a 122.05% increase over 90 days. The Coincu research team suggests that sustained institutional interest in Ethereum could prompt further regulatory scrutiny while encouraging private sector innovation.

The recent rally in Ethereum's value can be attributed to several factors, including widespread market optimism during "Crypto Week," which concluded positively with the House passing three significant crypto bills. Additionally, there has been a notable increase in the accumulation of ETH by institutions and corporations, further boosting its market value. On the ETF front, US-listed spot Ethereum ETFs witnessed a record $726 million in daily inflows on Wednesday, marking the highest inflow since their launch nearly a year ago. Over the past nine consecutive trading days, the nine Ethereum funds have collectively attracted $2.3 billion, indicating strong investor interest and confidence in the cryptocurrency.

SharpLink Gaming has been actively accumulating Ethereum as part of its strategic initiatives. The company recently expanded its equity offering from $1 billion to $6 billion to support its crypto gaming endeavors and growing ETH reserves, further contributing to the cryptocurrency's market growth. At the time of reporting, Ethereum was trading at over $3,600, reflecting a 5% daily gain. This price movement underscores the cryptocurrency's robust performance and its potential to continue challenging traditional financial indices and rankings.