Ethereum Rises in Roundtable 100 Rankings, Surpassing Bitcoin
This week's update to the Roundtable 100 rankings saw Ethereum move up by 34 positions to No. 40, surpassing Bitcoin for the first time on this list of top technology growth assets. With a market capitalization of $328 billion, Ether remains the second-largest cryptocurrency overall but outperformed Bitcoin in these specific analyst scores due to high marks in team and safety categories. Analysts highlighted Ethereum's scalability as key to its improved ranking, noting that it holds significantly more deployed capital than other chains like Solana. John Slazas of MKT.TRADE emphasized Ethereum’s $53.5 billion in applications compared to the next largest at just over $6 billion. In contrast, Bitcoin dropped 21 places to No. 90 with an overall score of only 12 out of 100. The Roundtable 100 is a weekly ranking by analysts evaluating tech assets on factors like team strength and innovation. The rankings are updated every Friday and include both traditional stocks and digital assets.
Topics: crypto rankings Ethereum market capitalization Roundtable 100