Ethereum's stablecoin market cap jumps 1m-fold since the first time ETH reached $1,4k
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: crypto
Updated: May 06 2025Stablecoin Market Growth: The Ethereum ecosystem's stablecoin market cap has surged to approximately $124.5 billion, a significant increase from just $124,500 in January 2018 when ETH first reached $1,400, although it saw a slight decline of 0.08% recently.
Ethereum Performance and Upcoming Upgrade: ETH is currently trading at $1,804 with a market cap exceeding $216 billion, showing a recent increase in trading volume; the network is also set to launch a major upgrade aimed at enhancing scalability and user experience.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
