Despite trading 57% below its all-time high in 2021, Ethereum's market capitalization remains around $252 billion, higher than global multinational giants such as Disney and Toyota, and higher than the precious metal platinum. Other well-known companies currently below Ethereum's market capitalization include IBM, McDonald's, General Electric, and Shell. If Ethereum were a company, its market capitalization would rank 50th in the world, second only to Nestlé.