Cardano

2024

April

<p>The post <a href="https://coinpedia.org/news/ton-surges-into-top-10-flipping-ada-pro-xrp-lawyer-bill-morgan-criticized-cardano/">TON Surges Into Top 10, Flipping ADA Pro-XRP Lawyer Bill Morgan Criticized Cardano&nbsp;</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency market witnessed a significant surge as TON, a relatively lesser-known crypto, soared into the top 10 rankings, surpassing the well-known cryptocurrency Cardano.&nbsp;</p> 
<p>Pro-XRP lawyer Bill Morgan’s recent tweet highlights the unexpected rise of TON and raises questions about the stability of <a href="https://coinpedia.org/price-analysis/crypto-market-prediction-cardano-ada-xrp-and-solana-sol-to-hit-1-trillion-market-cap/">ADA’s position</a> in the rankings. Despite concerns about XRP’s standing, it’s ADA that now faces the risk of slipping out of the top 10, with AVAX closely trailing behind.</p> 
<h2 class="wp-block-heading" id="h-ton-surges-into-top-10">TON Surges into Top 10</h2> 
<p>In the past day, <a href="https://coinpedia.org/price-analysis/toncoin-price-jumps-big-will-ton-price-maintain-its-momentum/">TON coin experienced</a> a remarkable surge of over 20%, pushing it into the top 10 cryptocurrencies by market capitalization. With its market cap rising by 17.8% to $23.75 billion, TON now sits at the 9th position, surpassing ADA, which stands at $21.74 billion.</p> 
<p>Amidst the celebrations, Bill Morgan, shed light on the shifting sentiment within the crypto space, with TON’s rise posing a direct challenge to Cardano’s standing.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr">TON has burst into the top 10 and flipped ADA for 9th position. So many people thought <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> would fall out of top 10 but ADA is more at risk of that fate as it is not that far ahead of AVAX for 10th spot. <a href="https://t.co/pq8K63hJgw">pic.twitter.com/pq8K63hJgw</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1777475367709909421?ref_src=twsrc%5Etfw">April 8, 2024</a>
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<p>While many anticipated XRP’s potential exit from the top 10, it is ADA that finds itself in a precarious position. With TON’s sudden surge, ADA’s foothold in the top 10 rankings appears more vulnerable than ever.&nbsp;</p> 
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<h2 class="wp-block-heading" id="h-community-rivalry">Community Rivalry</h2> 
<p>The rivalry between <a href="https://coinpedia.org/news/cardano-developer-activity-soars-how-will-this-impact-the-ada-price-2/">Cardano</a> and XRP has been a topic of discussion within the crypto community, with tensions occasionally flaring between key figures.&nbsp;</p> 
<p>Earlier this year, Charles Hoskinson, founder of Cardano, <a href="https://www.youtube.com/watch?v=e_SYSA2oSQI">has previously criticized</a> the XRP community, alleging coordinated attacks against him. As the competition intensifies, the outcome remains uncertain, highlighting the dynamic nature of the cryptocurrency landscape.</p> 
<h2 class="wp-block-heading" id="h-price-movements-nbsp">Price Movements&nbsp;</h2> 
<p>While TON surged by over 20% in the past 24 hours, <a href="https://coinmarketcap.com/currencies/toncoin/">trading at $6.78</a> with a market cap of $23.73 billion, Cardano saw a relatively modest increase of 1.02%, trading at $0.6022, with a market cap of around $21.52 billion.&nbsp;</p> 
<p>Meanwhile, XRP maintained stability, registering a slight <a href="https://coinmarketcap.com/currencies/xrp/">uptick to $0.6078</a>, with a market cap of $33.54 billion.</p> 
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TON Surges Into Top 10, Flipping ADA Pro-XRP Lawyer Bill Morgan Criticized Cardano

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