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Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets

Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto market dominance jumped from 18.4% to its current 19% dominance rating.

Data from Jan. 11, 2023, indicates ETH’s dominance is now at 19% among the 22,261 crypto assets listed on CMC, which are valued at roughly $856 billion. According to coingecko.com (CG), on Dec. 31, 2022, ETH’s dominance was around 17.4% and the overall crypto economy was worth $828 billion. It is important to note that CG’s metrics are different than CMC’s, currently, CG shows ethereum’s dominance is at 18%. CMC shows ethereum’s (ETH) dominance rating has increased by 3.26%, and according to CG, the increase was by 3.44%.

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