- TON ranks third when it comes to PoS market cap, whereas Cardano ranks fourth.
- Ethereum is in first place, dominating the sector with a market cap of $115 billion.
- The TON token is up 391% since July 2023, whereas ADA is simply up 33%.
The Open Community (TON) has surpassed Ethereum's scaling resolution Cardano and is now in third place on the listing of prime blockchain networks by Proof-of-Stake (PoS) market capitalization. Particularly, Toncoin (TON), the native token of TON, outperformed ADA final yr as properly.
In response to Staking Rewards information, Ethereum ranks first with a market cap of $115 billion, a staking ratio of 27.67% and a reward ratio of three.33%. ETH is adopted by Solana with a market cap of $67.28 billion, a stake ratio of 65.71% and a reward ratio of 6.97%. TON ranks third with a market cap of $4.34 billion, a stake ratio of 24.82% and a reward ratio of three.03%. Cardano ranks fourth with a market cap of $9.63 billion, a stake ratio of 65.95%, and a reward ratio of two.8%.
Tron (TRX) and Avalanche (AVAX) are fifth and sixth on the listing with market capitalizations of $5.97 billion and $7.64 billion, respectively.
Importantly, TON and Cardano have seen a surge in exercise lately. TON noticed the debut of Telegram-based viral video games, together with Hamster Kombat and Notcoin. In the meantime, Cardano fashioned an Interim Constitutional Committee (ICC) and unveiled Node 9.0.0, bringing it nearer to the Chang arduous fork.
In response to CoinMarketCap information, ADA is the tenth largest digital asset available in the market with a market capitalization of $15 billion, whereas TON is the ninth largest cryptocurrency with a valuation of $17.5 billion. ADA is buying and selling at $0.418, down 1.7% within the final 24 hours, whereas TON is buying and selling at $6.97, up roughly 0.7% over the identical interval.
Since July 2023, TON has offered 391.10% returns to its holders, whereas ADA is simply up 33.24% since then. Though Cardano's native blockchain token is underperforming, earlier stories point out that the community's development in Whole Worth Locked (TVL) is spectacular, indicating elevated curiosity from the blockchain sector.
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