Ethereum News: Ethereum Surpasses Alibaba in Global Asset Rankings With $304B Market Cap

ETH becomes the 39th most valuable asset in the world, edging out Chinese tech giant AlibabaAccording to 8marketcap data cited by PANews, Ethereum (ETH) has officially surpassed Alibaba in global asset market capitalisation rankings. This milestone highlights Ethereum’s growing significance as a leading digital asset amid the broader financial landscape.Key Figures:Ethereum market cap: $304.26 billionAlibaba market cap: $303.72 billionETH now ranks 39th globally among all public companies and assetsEthereum’s Rise Signals Growing Investor ConfidenceThe achievement marks a significant milestone for the Ethereum ecosystem, which is increasingly being adopted for decentralised finance (DeFi), NFTs, and enterprise blockchain applications. Its overtaking of Alibaba, one of the world's largest tech companies, signals a broader shift in global asset valuations.This momentum has been fueled by:Strong price performance in 2025Growing institutional interestRenewed development around Ethereum 2.0 upgradesIncreased utility in layer-2 scaling solutions