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Ethereum Exceeds Bank of America, Mastercard Market Cap

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It's interesting how the total market capitalization of ETH climbed through, with its price eventually exceeding the $3,000 mark. Surpassing several of the world’s biggest financial institutions, including Bank of America and Mastercard.

Some of the most recent information I came across are:
- Ethereum exceeds several biggest financial institutions in market capitalization.
- Its market cap recorded a 10.47% increase in just a week, sitting at around $366.13 billion at the time.
- Ethereum is trading at $3,111.7 at the present time.

This all appears to be great, but the only thing that has been bothering me about ETH is the gas fees and slow transactions that we've been dealing with for a long time. Even though it's been cheaper recently, I feel more relieved using L2 solutions, whether that's Metis or Loopring, or anything else.

When it comes to this latest news, I believe that JPMorgan Chase is the only financial institution that is likely to be above Ethereum at the time of issuance, which is correct - with a market valuation of $419.06 billion.

"The current market value of ETH has risen up to $816.74, showing a stable increase. By that, Ethereum has been recorded as the second-largest cryptocurrency by market capitalization, next to Bitcoin." which was stated in an article I've read.

So, what does this mean to you, how do you feel about it?

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