Ether (ETH) eclipsed $4,000 for the first time on May 10, passing the psychologically significant barrier on multiple exchanges including Coinbase. The new milestone comes just a week after breaking $3,000.
Last week, ETH overtook Bank of America (NYSE:BAC) as the 28th largest asset in the world. But at $454.49 billion as of today, ETH has now eclipsed the market cap of consumer staples giants Wal-Mart (NYSE:WMT) and Johnson and Johnson, and is knocking at the door of JPMorgan Chase (NYSE:JPM) — the largest American bank by assets under management.