🔥Tron has permanently surpassed its rival Cardano (ADA), and could TRX reach that $1 mark that is so often talked about?🚀
Tron (TRX) is right at the center of some attractive developments. Often seen by some as a relic of a previous bull run, Tron has indeed quietly transformed into one of the most active and profitable blockchains in the industry.
Now, with the surge in its price and the increase in market capitalization, many are asking a big question: Has Tron permanently surpassed its rival Cardano (ADA), and could TRX reach that $1 mark that is so often discussed?
In the cryptocurrency rankings, Tron recently surpassed Cardano to claim ninth place among the largest cryptocurrencies by market capitalization. According to data from CoinMarketCap, Tron's valuation increased from USD 24 billion to USD 25.60 billion, while Cardano fell to tenth place with USD 24 billion. This increase did not happen by chance: Tron's growing dominance in the stablecoin space has fueled its momentum.
The network now processes more daily Tether (USDT) transactions than Ethereum, handling over USD 118 billion in USDT transfers in a single day. It currently holds more than half of the total market share of USDT. This growing activity on-chain has turned Tron into the go-to settlement layer for stablecoins, attracting traders and investors seeking low fees and ultra-fast transactions.
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