Ethereum’s native cryptocurrency is up more than 450% since January and its market capitalization is ... [+] quickly approaching the market cap of JPMorgan. Getty ImagesEther, the native cryptocurrency of the Ethereum blockchain, has continued its triumphant price rally, soaring above $4,000 for the first time ever. The largest cryptocurrency behind bitcoin broke past the $4,000 milestone on May 9, at approximately 11.10 pm E.T., according to data firm Messari. At the time of publication, ether (ETH) was trading at $4,127, posting 457.53% year-to-date gains, compared to bitcoin’s 94.90%. Ethereum’s market capitalization is quickly approaching the capitalization of the largest bank in the United States, JPMorgan Chase, currently valued at $474 billion.

Source: Forbes May 10, 2021 15:33 UTC