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 ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” rel=”null” target=”null” text=”null” title=”null”>ETH) traded at roughly $2,088 at the time of writing amid c data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-etf-inflows-rebound-ethereum-outflows-continue” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/news/bitcoin-etf-inflows-rebound-ethereum-outflows-continue”>ontinued exchange-traded fund (ETF) outflows, down over 57% from its all-time high of nearly $4,900 set in mid-November 2021, data-ct-non-breakable=”null” href=”https://coinmarketcap.com/currencies/ethereum/” rel=”nofollow noopener” target=”_blank” text=”null” title=”https://coinmarketcap.com/currencies/ethereum/”>according to CoinMarketCap data.
Despite this decline, Ethereum maintains a market capitalization of nearly $252 billion, surpassing global corporations such as Toyota ($250 billion) and the total market…
