Cardano (ADA) loses top 10 crypto spot as Tron sees growth

ADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users. 

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According to CoinMarketCap, Cardano has fallen out of the top 10 cryptocurrencies by market capitalization after dropping approximately 3% over the last seven days.

Cardano (ADA), once ranked third in crypto rankings during the 2021 bull cycle, is currently 11th after Tron (TRX). Tron currently has a market cap of $12.04 billion, while Cardano’s market cap sits at $11.89 billion.

This is not the first time Cardano has dropped out of the top 10. In May, Toncoin flipped ADA after TON jumped 30% in two weeks.

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