Ether has reached a market capitalisation of more than $500bn, making the cryptocurrency worth more than financial heavyweights like JPMorgan and Visa.
Its value rose to as much as $505bn on 12 May, before falling back slightly.
Fintech
Ether passes JPMorgan and Visa to record $500bn market cap milestone
Ether has benefited from a major boom in demand for its network capabilities
