ACTIVE

WAVES→

ETH

WAVES WOULD BE$2,187.88

MULTIPLIER▲ 8.1Kx

TARGET MCAP$218.79B

G.MARKETS/PAIR ANALYSIS·

WAVES→

ETH· LIVE· as of 21:36 UTC

THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

Q: If Waves had Ethereum's market cap, what would the price be?

If Waves (WAVES) had Ethereum's (ETH) current market cap of $218.79B, each WAVES would be worth approximately $2,187.88 based on the circulating supply of 100,000,000 WAVES. That is 8.1Kx the current WAVES price of $0.2685.

Q: What is the current market cap of Waves?

Waves (WAVES) currently has a market cap of $26.85M, ranking #701 by market capitalization. Each WAVES trades at $0.2685.

Q: What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $218.79B, ranking #2 by market capitalization. Each ETH trades at $1,812.91.

Q: How does WAVES compare to ETH?

Waves's market cap of $26.85M sits orders of magnitude beyond Ethereum's $218.79B. For WAVES to reach ETH's current valuation, the price would need to move 8.1Kx from its current level.

Q: Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Waves'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.

WAVES WOULD BE

$0.00000000

currently $0.2685 · target mcap $218.79B

MULTIPLIER

▲0.00x

WAVES needs a 8.1Kx move to match ETH's valuation

REALITY CHECKAt WAVES's current 24h rate of +0.65%, compounding daily would take ~3.8 years to reach ETH's market cap.

COIN PROFILES·WAVES vs ETH

WAVESUnverified

Waves

SOURCE

Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

PRICE$0.2685

24H CHANGE▲ 0.65%

MARKET CAP$26.85MFDV $26.85M · Fully circulating

RANK#701

SUPPLY100.0M WAVES

DOMINANCE<0.01%

ETH

Ethereum

TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$1,812.91

24H CHANGE▲ 1.91%

MARKET CAP$218.79BFDV $218.79B · Fully circulating

RANK#2

SUPPLY120.7M ETH

DOMINANCE7.29%

7d▲ 6.11%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

WAVES$26.85M

ETH$218.79B

THE CLIMB

WAVES→

ETHMULTIPLIER▲ 8.1KxGAP$218.76B

$100.00M$1.00B$10.00B$100.00B

SOURCEWAVES$26.85M

TARGETETH$218.79B

GALA$111.25M

VSN$126.22M

ZANO$146.51M

USTBL$170.80M

PC0000031$202.50M

PENDLE$251.55M

FDUSD$347.36M

USX$512.70M

ADI$736.27M

PEPE$1.16B

PAXG$1.88B

GRAM$4.86B

log scale · mcap in USDJul 6, 2026

WAVESWaves

$26.85MSOURCE

GALA

$111.25M

VSN

$126.22M

ZANO

$146.51M

USTBL

$170.80M

PC0000031

$202.50M

PENDLE

$251.55M

FDUSD

$347.36M

USX

$512.70M

ADI

$736.27M

PEPE

$1.16B

PAXG

$1.88B

GRAM

$4.86B

ETHEthereum

$218.79BTARGET

mcap in USDJul 6, 2026

BAG SCENARIOS·IF WAVES HIT ETH MCAP·TARGET $2,187.88

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 WAVES$26.85$218,788.17+$218,761.32

Coffee money1K WAVES$268.53$2,187,881.72+$2,187,613.19

Small bag10K WAVES$2,685.32$21,878,817.24+$21,876,131.92

Real bag100K WAVES$26,853.20$218,788,172.38+$218,761,319.18

Whale bag1M WAVES$268,532.00$2,187,881,723.82+$2,187,613,191.82

Generational10M WAVES$2,685,320.00$21,878,817,238.20+$21,876,131,918.20

FOR CONTEXT

$218.79B compared to the world

UnitedHealthUNH

$450.00B

ETH mcap is 48.6% of UnitedHealth

NetflixNFLX

$380.00B

ETH mcap is 57.6% of Netflix

UberUBER

$160.00B

ETH mcap is 1.37× Uber

NikeNKE

$130.00B

ETH mcap is 1.68× Nike

StarbucksSBUX

$100.00B

ETH mcap is 2.19× Starbucks

SpotifySPOT

$90.00B

ETH mcap is 2.43× Spotify

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Waves (WAVES) and Ethereum (ETH). With Waves currently at $0.2685 per coin and a market cap of $26.85M, and Ethereum at $1,812.91 with a market cap of $218.79B, applying Ethereum's market cap to Waves's circulating supply produces a hypothetical WAVES price of $2,187.88 — a 8.1Kx move from current.

Waves: Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

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 Waves had Ethereum's market cap, what would the price be?

If Waves (WAVES) had Ethereum's (ETH) current market cap of $218.79B, each WAVES would be worth approximately $2,187.88 based on the circulating supply of 100,000,000 WAVES. That is 8.1Kx the current WAVES price of $0.2685.

What is the current market cap of Waves?

Waves (WAVES) currently has a market cap of $26.85M, ranking #701 by market capitalization. Each WAVES trades at $0.2685.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $218.79B, ranking #2 by market capitalization. Each ETH trades at $1,812.91.

How does WAVES compare to ETH?

Waves's market cap of $26.85M sits orders of magnitude beyond Ethereum's $218.79B. For WAVES to reach ETH's current valuation, the price would need to move 8.1Kx 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 Waves'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.

If WAVES▾ had ETH▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

If had 's mcap →