Ethereum Surpasses Coca-Cola and Alibaba After 42% ETH Surge

Ethereum Surpasses Coca-Cola and Alibaba After 42% ETH Surge

Ethereum's native token, Ether (ETH), experienced a significant surge in market capitalization, overtaking global giants Coca-Cola and Alibaba. This ascent follows the successful deployment of Ethereum's Pectra upgrade on May 7, 2025. As of May 12, ETH was trading at approximately $2,550, marking a 42% increase from its pre-upgrade value of $1,786. This price movement lifted Ethereum’s market capitalization to over $308 billion, positioning i...

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