Cardano ($BTC ADA) Surpasses Tron ($BTC TRX) – Is Top 5 Within Reach?
Cardano has reclaimed the 8th spot among the largest cryptocurrencies by market cap, overtaking both Tron (TRX) and Dogecoin (DOGE). With a market capitalization of around $33.5B, ADA edges ahead—but the coveted Top 5 remains a distant target. Currently, BNB holds 5th place with an impressive $115B valuation.
From Top 3 to Exile… and Back
Back in 2018, ADA briefly broke into the Top 5 during the crypto euphoria, even with a smaller market cap ($18.5B vs today’s $33.5B). XRP then held 2nd place behind Ethereum. The 2018 bear market, however, saw ADA’s value plummet to just $895M, dropping it out of the Top 10. It gradually regained momentum, returning to the elite group by late 2019.
The 2021 bull run marked another peak for Cardano, climbing to 3rd place with nearly $94B, fueled by the Alonzo hard fork introducing smart contracts to the network.
Current Momentum
Recently, ADA surged 14%, outperforming peers while XRP declined 7%. The growth is tied to increased network activity and strong developer engagement.
Still, ADA remains 71% below its all-time high of $3.09 from 2017–2018. The journey back to crypto’s elite is underway—but Top 5 dominance will require sustained momentum.
@CardanoFoundation @TRONDAO