Ether is trading at around half its all-time high price, but the Ethereum network is still valued higher than some of the world’s most prominent companies.
Ether (ETH) traded at roughly $2,088 at the time of writing amid continued exchange-traded fund (ETF) outflows, down over 57% from its all-time high of nearly $4,900 set in mid-November 2021, according to CoinMarketCap data.
Despite this decline, Ethereum maintains a market capitalization of nearly $252 billion, surpassing global…
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