Categories: News

Tron [TRX] surpasses Cardano to regain the title of “Top 10 cryptocurrencies”

This cryptocurrency bear market has seen a fair share of a shift in power. With XRP taking over Ethereum to take the title of second biggest cryptocurrency and Stellar overtaking Bitcoin Cash to become the fourth biggest cryptocurrency, this bear market has seen a good shift in power. Now Tron has beaten Cardano to retake the 10th position, according to Coinmarketcap.

The addition of Bitcoin SV in ranking had pushed Tron [TRX] to the eleventh spot. But Tron not looking to be thrown out of the big leagues makes a comeback. Although it’s interesting to know that Tron is back in the 10th position not because of its recent achievements, but rather Cardano’s slow performance.

The difference between Tron and Cardano’s market capitalization is quite small as well, around $2 million. It’s unclear as to for how long Tron will be holding the number 10th spot, as Cardano has started showing signs of recovery.

Tron is currently trading at $0.014521 and has a market capitalization of $960 million while Cardano, on the other hand, has a market capitalization of $958 million and is trading at around $0.036948. Tron has a higher trading volume than Cardano, almost three times.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 month ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

2 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

3 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

3 months ago