{"id":18456,"date":"2022-05-31T12:15:33","date_gmt":"2022-05-31T12:15:33","guid":{"rendered":"http:\/\/egrowonline.com\/?p=18456"},"modified":"2022-05-31T12:15:33","modified_gmt":"2022-05-31T12:15:33","slug":"cardano-beats-ripple-by-market-cap-coinmarketcap","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=18456","title":{"rendered":"Cardano Beats Ripple by Market Cap: CoinMarketCap"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Thanks to Cardano&#8217;s explosive <a target=\"_blank\" href=\"https:\/\/u.today\/cardano-bears-are-getting-demolished-as-ada-spikes-40\" rel=\"noopener\"><u>growth<\/u><\/a> of nearly 30%\u00a0on May 31, the ADA token beats Ripple&#8217;s XRP in <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/coinmarketcap.com\/\"><u>CoinMarketCap&#8217;s<\/u><\/a> market capitalization top. Despite Cardano having 14 billion fewer coins in circulation, ADA breaks out at no. 6, with Ripple dropping to no. 7. Cardano currently has a market capitalization of $22.57 billion versus Ripple&#8217;s $20.19 billion.<\/p>\n<figure><img decoding=\"async\" alt=\"\" data-entity-type=\"file\" data-entity-uuid=\"cd688f83-b632-4703-8929-50c0378e2039\" src=\"https:\/\/u.today\/sites\/default\/files\/inline-images\/%D0%91%D0%B5%D0%B7%D1%8B%D0%BC%D1%8F%D0%BD%D0%BD%D1%8B%D0%B9_0.png\" \/><figcaption><em>Source: CoinMarketCap<\/em><\/figcaption><\/figure>\n<h2>What&#8217;s next for these crowd favorites?<\/h2>\n<p>Despite such a tight fight for their place in the sun, both projects are very similar to each other. Both Ripple and Cardano are\u00a0<a target=\"_blank\" href=\"https:\/\/u.today\/cardano-community-shows-rapid-growth-with-about-3000-increase-in-social-mentions\" rel=\"noopener\">community driven<\/a>, but at the same time both have been under enormous pressure due to price perturbations for several years.\u00a0Both have tremendous <a target=\"_blank\" href=\"https:\/\/u.today\/ripple-has-higher-goals-than-just-replacing-swift-as-firm-eyes-ipo-amid-lawsuit\" rel=\"noopener\">ambitions<\/a>\u00a0and put a lot of effort into establishing useful partnerships and even more into project development.<\/p>\n<p>At the moment, Cardano and Ripple have already overtaken such projects as Solana, Polkadot, Tron and the rest of the popular competitors behind them. Nevertheless, looking at the companies that lead the market cap top, it seems that there is very little chance for Cardano and Ripple to reach the undisputed leaders.<\/p>\n<p>In fifth\u00a0place of the reviewed top confidently sits\u00a0BNB with a capitalization of $52.1 billion and an\u00a0astounding scope of activity, inflated by the authoritative CEO of Binance, CZ. The capitalization of BNB is two\u00a0times higher than the capitalization of Ripple and Cardano, and if we compare them with ETH and BTC, the gap is 10\u00a0times bigger.<\/p>\n<div class=\"something middle_banner\">\n<div class=\"something__content something__content-square\" style=\"width:336px;height:280px\">\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=183269;size=336x280;setID=558953\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=183269;size=336x280;setID=558953;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"336\" height=\"280\" \/><\/a><\/p>\n<p>Ads<\/p>\n<\/div>\n<\/div>\n<p>The question arises:\u00a0How ambitious are Cardano and Ripple&#8217;s plans, and will they be able\u00a0to hold onto not only their current positions, but to move higher?<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/u.today\/cardano-beats-ripple-by-market-cap-coinmarketcap\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to Cardano&#8217;s explosive growth of nearly 30%\u00a0on May 31, the ADA token beats Ripple&#8217;s XRP in CoinMarketCap&#8217;s market capitalization top. Despite Cardano having 14 billion fewer coins in circulation, ADA breaks out at no. 6, with Ripple dropping to no. 7. Cardano currently has a market capitalization of $22.57 billion versus Ripple&#8217;s $20.19 billion. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[8612,2221,266,3710,219,265],"class_list":["post-18456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-beats","tag-cap","tag-cardano","tag-coinmarketcap","tag-market","tag-ripple"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/05\/20203.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18456"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18456\/revisions"}],"predecessor-version":[{"id":18458,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18456\/revisions\/18458"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/18457"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18456"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}