Wed, Jul 30, 2025, 12:13 PM 3 min read
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The race for global cryptocurrency supremacy is hardly a race at all. The top player, bitcoin, is so big that its market capitalization is worth more than the combined market caps of the next 10 cryptos on this CryptoSlate list.
That doesn’t mean bitcoin is the only crypto worth investing in, though. Another name getting a lot of attention lately is ethereum, the No. 2 crypto with a price of about $3,780 and a market cap of roughly $456 billion.
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Although those numbers don’t come close to bitcoin’s — which boasts a price of almost $118,000 and a market cap above $2.3 trillion — ethereum still stands out because of its recent growth and potential as a winning investment.
Much of ethereum’s growth has been driven by corporate and institutional investors. As Yahoo Finance recently reported, some firms have been putting money into ethereum.
Those firms include both large players like Coinbase Global and lesser-known names such as BitMine Immersion Technologies and SharpLink Gaming. Many investors are gravitating to ethereum because it lets them expand into the technology infrastructure behind digital assets and decentralized finance (DeFi), per Yahoo Finance.
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In case you’re not familiar with ethereum, it’s a decentralized, peer-to-peer network that enables the development of other cryptos. On it, developers can build and run applications, which are built using smart contracts, per Coinbase.
Ethereum is the market leader in infrastructure that lets businesses and consumers transact among each other without banks, according to Yahoo Finance.
“Ethereum lets anyone … create their own token and thus their own community and incentivize communities with an economy basically,” Ray Youssef, CEO of NoOnes, a crypto marketplace, told Yahoo Finance. “You could argue it has more utility than bitcoin.”
That utility helps explain why ethereum has been on a recent hot streak with investors. After touching a 2025 low of $1,387 in early April, its price has since risen more than 170%. Although ethereum still hasn’t returned to its all-time high set in 2021, it recently hit its highest point in more than 3 1/2 years.
Ethereum should keep trending higher as it draws interest from more companies, experts say. For example, digital asset platform Bit Digital recently announced that it moved its entire treasury from bitcoin to ethereum.
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