Title: Cardano Trails Vodafone by $0.9B in Market Cap Ranking
Jun 16, 2021 05:00AM ET
As of June 15, Cardano (ADA) has a marketplace capitalization of $50.42 billion in line with the information received via way of means of Finbolf. Cardano marketplace cap is better than Coinbase (COIN) with $49.43 billion. Among the chosen publicly traded asset the list, telecom massive Vodafone surpasses Cardano via way of means of $0.94 billion.
In addition, the preceding crypto bull run and the continued improvement of Cardano have introduced ADA in an excessive marketplace cap position. It has been very bullish at some stage in the year. In fact, ADA surged via way of means of over 750% on a year-to-date basis, that is the fifth biggest crypto via way of means of marketplace cap.
Furthermore, Cardano has witnessed a growth in adoption with its real-international use cases, giving greater publicity to the crypto. Recently, Cardano introduced that it become discovering approximately Stablesfees to have base fee transaction fees.
Recently, Cardano is likewise said that it’s constructing a machine that tactics billions of transactions annually. Without a doubt, its marketplace cap will preserve on gaining momentum with this persevered increase from Cardano.