Ethereum Reclaims Global Asset Ranking, Overtakes Netflix in Market Capitalization Again

Ethereum has once again pushed its way back into the top tier of global assets, reclaiming the 36th position worldwide by market capitalization and overtaking streaming giant Netflix. The move highlights a renewed wave of confidence in the crypto market and signals Ethereum’s growing relevance not just as a digital currency, but as a core financial infrastructure asset competing with major U.S. corporations.

As of the latest market data, Ethereum is valued at approximately $420 billion in market capitalization, edging past Netflix, which is hovering near $410 billion. This shift reflects both Ethereum’s price recovery and broader momentum across blockchain-based assets.

Ethereum Price Performance and Market Strength

Ethereum’s recent climb is backed by solid price action. ETH has gained nearly 18% over the past 30 days, outperforming many large-cap tech stocks during the same period. On a year-over-year basis, Ethereum is up roughly 65%, fueled by higher on-chain activity, increasing institutional exposure, and declining net issuance.

Daily trading volume for Ethereum has consistently stayed above $20 billion, placing it among the most liquid assets globally crypto or traditional. This level of liquidity makes ETH increasingly attractive to large investors who require deep markets to enter and exit positions efficiently.

Staking Data Shows Long-Term Investor Confidence

One of the strongest analytical indicators behind Ethereum’s resurgence is staking. More than 28% of Ethereum’s total circulating supply, equivalent to over 33 million ETH, is now locked into the network’s proof-of-stake system. This reduces active supply on exchanges and limits sell-side pressure.

Ethereum’s staking yield currently ranges between 3.2% and 3.8% annually, depending on network activity. For institutions, this creates a dual benefit: exposure to price appreciation and predictable yield, a combination rarely found in traditional equities.

ETF Flows and Institutional Capital Inflows

Institutional demand has played a key role in Ethereum surpassing Netflix .Ethereum-focused investment products have seen over $6.5 billion in net inflows over the past 12 months, according to market tracking data. Spot and staking-based ETH funds now represent one of the fastest-growing segments in digital asset investing.

In comparison, Netflix’s valuation growth has been steadier but slower, with its stock gaining about 28% year-over-year, largely driven by subscriber growth and pricing adjustments rather than explosive expansion.

Network Usage and On-Chain Fundamentals

Ethereum continues to dominate the decentralized finance ecosystem, accounting for approximately 55% of total DeFi value locked, equaling nearly $70 billion. The network processes over 1.2 million transactions per day, with Layer-2 scaling solutions reducing fees and improving transaction speed.

Revenue generated from transaction fees has also increased. Ethereum is currently producing an estimated $2.3 billion annually in network revenue, placing it in the same conversation as major publicly traded tech firms.

Why Beating Netflix Matters Symbolically

While Ethereum and Netflix operate in entirely different sectors, market capitalization provides a neutral comparison of perceived value. Netflix employs over 13,000 people and operates globally, while Ethereum functions as a decentralized network without a centralized workforce yet commands greater market value.

This comparison underscores a broader shift in how investors define value: from traditional revenue models to network utility, adoption, and economic throughput.

Can Ethereum Hold Its Position?

Analysts suggest Ethereum’s ranking will remain volatile but resilient. As long as staking participation stays high, ETF inflows continue, and on-chain activity remains strong, Ethereum is well-positioned to maintain its place among the world’s top global assets.

For investors watching the intersection of technology, finance, and digital infrastructure, Ethereum overtaking Netflix is more than a headline it’s a data-driven signal that crypto assets are becoming permanent fixtures in global capital markets.