Ether breaks $500 billion market cap for first time By Cointelegraph

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Ether breaks $500 billion market cap for first time

Ether (ETH), the second most-valued cryptocurrency after (BTC), has hit a major milestone amid the ongoing price rally.

On May 12, Ether price set another historic record, surging to as high as $4,346, according to data from CoinMarketCap. Ether’s market capitalization briefly surpassed $500 billion, reaching nearly $505 billion on Wednesday.

Ether market cap 24-hour chart. Source: CoinMarketCap