If had 's mcap →
KSM needs a 3.4Kx move to match ETH's valuation
Kusama is a public blockchain network that is running the exact same codebase as Polkadot.
Ethereum is a global, open-source platform for decentralized applications.
FOR CONTEXT
$217.02B compared to the worldAbout this comparison
This page compares the market capitalizations of Kusama (KSM) and Ethereum (ETH). With Kusama currently at $3.46 per coin and a market cap of $63.85M, and Ethereum at $1,798.57 with a market cap of $217.02B, applying Ethereum's market cap to Kusama's circulating supply produces a hypothetical KSM price of $11,748.66 — a 3.4Kx move from current.
Kusama: Kusama is a public blockchain network that is running the exact same codebase as Polkadot.
Ethereum: Ethereum is a global, open-source platform for decentralized applications.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Kusama had Ethereum's market cap, what would the price be?
If Kusama (KSM) had Ethereum's (ETH) current market cap of $217.02B, each KSM would be worth approximately $11,748.66 based on the circulating supply of 18,471,493 KSM. That is 3.4Kx the current KSM price of $3.46.
What is the current market cap of Kusama?
Kusama (KSM) currently has a market cap of $63.85M, ranking #374 by market capitalization. Each KSM trades at $3.46.
What is the current market cap of Ethereum?
Ethereum (ETH) currently has a market cap of $217.02B, ranking #2 by market capitalization. Each ETH trades at $1,798.57.
How does KSM compare to ETH?
Kusama's market cap of $63.85M sits orders of magnitude beyond Ethereum's $217.02B. For KSM to reach ETH's current valuation, the price would need to move 3.4Kx from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Kusama's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.