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