Data: Ethereum has fallen out of the top 50 global asset market capitalization, with a nearly 15% decline over the past seven days

According to the latest data from 8MarketCap, due to the decline in Ethereum's price, its global asset market capitalization ranking has rapidly dropped by seven places, currently falling out of the top 50 global asset market capitalization rankings, now standing at 56, behind companies like Coca-Cola.

The data shows that Ethereum's market capitalization has decreased to approximately $304.06 billion, with a 24-hour decline of 8.62% and a 7-day decline of 14.71%.