Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
- Ether's 370% rally in 2021 had made the meme-based cryptocurrency worth $400 billion.
- These are the 12 remaining companies that are still worth more than ether.
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The market value of ether, the digital currency tied to the Ethereum blockchain, is now worth more than Walmart.
Ether jumped more than 10% to record highs on Tuesday, bringing its year-to-date rally to 370% and its market valuation to just over $400 billion. Ether touched a record high of just under $3,500, at $3,485.
Ether is the go-to medium of exchange in the digital marketplace, especially for non-fungible tokens and other forms of digital art. The surge higher has left bitcoin behind in recent weeks, and Ark Invest on Monday laid out three reasons why the cryptocurrency has surged higher.
These are the 12 publicly traded companies that are still worth more than ether's $400 billion market valuation, based off of Monday's closing prices.
12. Johnson & Johnson
Ticker: JNJ
Market Cap: $439 billion
11. JPMorgan Chase & Co.
Ticker: JPM
Market Cap: $469 billion
10. Visa
Ticker: V
Market Cap: $504 billion
9. Taiwan Semiconductor
Ticker: TSM
Market Cap: $555 billion
8. Alibaba
Ticker: BABA
Market Cap: $633 billion
7. Tesla
Ticker: TSLA
Market Cap: $657 billion
6. Berkshire Hathaway
Ticker: BRK.B
Market Cap: $678 billion
5. Facebook
Ticker:FB
Market Cap: $929 billion
4. Alphabet
Ticker: GOOGL
Market Cap: $1,644 billion
3. Amazon
Ticker: AMZN
Market Cap: $1,709 billion
2. Microsoft
Ticker: MSFT
Market Cap: $1,899 billion
1. Apple
Ticker: AAPL
Market Cap: $2,259 billion
