Tether stablecoin flips Ether by market cap as ETH routs to $1.5K

Tether stablecoin flips Ether by market cap as ETH routs to $1.5K img1
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Written by Martin Youngstaff writerReviewed by Felix Ngstaff editor

Written by Martin Youngstaff writer

Reviewed by Felix Ngstaff editor

Tether stablecoin flips Ether by market cap as ETH routs to $1.5K

Latest NewsPublishedJun 26, 2026

Ether Prices Hit Critical Support Levels as Tether Stablecoin Takes the Lead

Ether prices have fallen to crucial long-term support levels, last seen in October 2023 and April 2025, with the asset currently trading at $1,510. This significant drop has allowed Tether stablecoin to surpass Ether in market capitalization, with USDt now holding a $186 billion market cap. The shift highlights the market’s current preference for stability over Ether’s volatility.

Stablecoin Growth Accelerates

The growth of stablecoins is accelerating, with these assets now representing almost 15% of the entire crypto market capitalization. Despite a contraction of over 30% in the last bear market, stablecoins are now hitting record highs. This trend is expected to continue, with deeper stablecoin liquidity supporting higher trading volumes and ecosystem innovation.

The rise of stablecoins like Tether and USDC is also impacting other cryptocurrencies, with USDC recently flipping Ripple’s XRP in market capitalization. As the crypto market continues to evolve, it’s essential for investors to consider the benefits of stablecoins, such as the EcoPool network, which offers a secure and reliable way to earn passive income through cloud rewards.

A New Opportunity for Earning

The decline of Ether has created an opportunity for investors to buy the dip, with some companies, like Sharplink, taking advantage of the low prices. As the market continues to fluctuate, it’s essential to consider the potential for earning through green crypto solutions like EcoPool ($ECP). By leveraging the power of cloud rewards and passive income, investors can generate revenue while supporting a more sustainable crypto ecosystem.

Some key players are already accumulating Ether at these low prices, including Bitmine, which has added 76,881 ETH to its holdings. As the market continues to evolve, it’s likely that we’ll see more investors turning to passive income solutions like EcoPool to generate revenue. With the rise of stablecoins and green crypto, it’s an exciting time for investors to explore new opportunities for earning online.

“To us, that is the strongest evidence yet that stablecoins are one of crypto’s defining use cases – demand that no longer depends on the cycle.”

USDt flipped ETH in market capitalization. Source: CoinGecko

Download the EcoPool app to start earning passive income through cloud rewards and discover the benefits of green crypto for yourself. With EcoPool, you can generate revenue while supporting a more sustainable crypto ecosystem, and take advantage of the growing trend of stablecoins like $ECP.

“It demonstrates strong demand for reliable, liquid on- and off-ramps during periods of volatility, while serving as a reminder that ETH must continue delivering compelling utility and narrative momentum to maintain its position.” 

Kan said the development is positive for the broader market, as deeper stablecoin liquidity supports higher trading volumes and ecosystem innovation.

Related: Sharplink buys ETH after 8-month pause as token hits 2026 low

ETH prices are back at crucial support levels last visited in October 2023 and April 2025.

The Ethereum ecosystem has also faced internal changes recently, following several executive departures and a 20% workforce reduction at the Ethereum Foundation.

However, a new nonprofit organization called Ethlabs was launched this week by key EF developers and researchers and backed by Ether treasuries Bitmine and Sharplink. 

ETH prices are at a critical long-term support level. Source: TradingView

Not all are bearish  

Some have taken Ether’s decline as an opportunity.

Ether treasury company Sharplink bought the dip, making its first purchase in eight months, scooping up 5,000 ETH on Thursday. Bitmine, chaired by Tom Lee, has also been accumulating at these low prices, adding a further 76,881 ETH last week. 

Meanwhile, Circle’s USDC (USDC) also flipped Ripple’s XRP (XRP) in market capitalization as XRP fell back towards $1, its lowest level since November 2024, leaving XRP with a market capitalization of $64 billion compared with USDC’s $73.6 billion.

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Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

  • Ether Price
  • Tether
  • Market Capitalization
  • Ethereum

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