{"id":7228,"date":"2021-05-03T07:48:09","date_gmt":"2021-05-03T07:48:09","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=7228"},"modified":"2021-05-03T07:55:48","modified_gmt":"2021-05-03T07:55:48","slug":"ethereum-market-cap-hits-337-billion","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/ethereum-market-cap-hits-337-billion\/","title":{"rendered":"May 3 Daily report: Ethereum market cap hits $337 billion, Binance Smart Chain reaches new highs, Altseason indicator flips to Bitcoin, The Future of Money Is Bitcoin and CBDCs and India\u2019s \u2018Crypto Relief\u2019 Covid fund"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Ethereum market cap hits $337 billion, surpassing Nestle, P&amp;G, and Roch<\/strong><\/h3>\n\n\n\n<p>The value of the <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\">Ethereum<\/a> network soared above major companies like Nestle and P&amp;G after its market cap hit a new high at $337 billion. Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This impressive figure pushed the value of the Ethereum network ahead of the total market cap of major companies like Procter &amp; Gamble&#8217;s ($326 billion) and PayPal&#8217;s $308 billion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Defi adoption on the Binance Smart Chain reaches new highs<\/strong><\/h3>\n\n\n\n<p>Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Three projects on the BSC that have seen increases in trading volume, price and activity within their Defi protocols are Venus (XVS), PancakeSwap (CAKE) and Linear Finance (LINA).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Altseason indicator flips to Bitcoin even as Rally and Polygon surge<\/strong><\/h3>\n\n\n\n<p>Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take centre-stage once more \u2014 even as Cointelegraph Markets Pro subscribers had the opportunity to take major profits on altcoins such as Rally (RLY), <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-polygon?market=matic-inr\">Polygon (MATIC)<\/a> and <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ampleforth-governance-token?market=forth-inr\">Ampleforth (AMPL)<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.buyucoin.com\/crypto-labs\/way-to-purchase-crypto\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto-1024x576.jpg\" alt=\"way to purchase crypto\" class=\"wp-image-7206\" srcset=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto-1024x576.jpg 1024w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto-300x169.jpg 300w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto-768x432.jpg 768w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto-1536x864.jpg 1536w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto-150x84.jpg 150w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/crypto.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum market cap hits $337 billion, surpassing Nestle, P&amp;G, and Roch The value of the Ethereum network soared above major companies like Nestle and P&amp;G after its market cap hit a new high at $337 billion. Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This&hellip;<\/p>\n","protected":false},"author":11,"featured_media":7232,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[748,750,749],"class_list":["post-7228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-ethereum-market-cap-hits-337-billion","tag-pg-and-roch","tag-surpassing-nestle"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7228"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=7228"}],"version-history":[{"count":1,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7228\/revisions"}],"predecessor-version":[{"id":7229,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7228\/revisions\/7229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/7232"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=7228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=7228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=7228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}