Ethereum has registered a 42% rally in just five days, surpassing the market capitalizations of global giants Coca-Cola and Alibaba. The surge followed the successful implementation of Ethereum’s highly anticipated Pectra upgrade on its mainnet on May 7.
According to market data, Ether reached a market capitalization of over $308 billion as of Sunday, pushing it ahead of Coca-Cola, valued at $303.5 billion, and Alibaba, which stood at $303.7 billion.
