Ethereum Hits $4,887 All-Time High — Market Cap Tops $586B, Overtakes Mastercard and Netflix

According to COINOTAG News on August 23, Ethereum (ETH) climbed to $4,887 following a 14% rise in 24 hours, marking a fresh all-time high. That price level had not been observed in 44 months, reflecting a pronounced short‑term appreciation in the digital-asset market on the reported date.

With a reported market capitalization above $586 billion, Ethereum now ranks 25th among global technology companies by total market value, surpassing legacy firms such as Mastercard and Netflix. The comparable valuation provides a clear benchmark for institutional and retail investors assessing sector positioning and relative size.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();